by Jyotsna Bucktowar | Feb 19, 2026
These errors understated risk-weighted assets and overstated capital ratios, compromising supervisory oversight and the integrity of regulatory reporting, which is critical to preventing systemic risk and ensuring transparency in the banking sector. The case...
by AdrianaAMLP | Feb 18, 2026
The Norwegian Lottery Authority (Lotteritilsynet) imposed the fine after identifying multiple deficiencies in Norsk Tipping’s AML framework, including inadequate customer identification, insufficient understanding of source of funds and gaps in risk-based monitoring....
by Jyotsna Bucktowar | Jan 6, 2026
The sanction, amounting to about 1 % of the bank’s annual turnover, reflects the gravity and duration of the compliance breaches. The inspection uncovered a number of gaps, including the bank had failed to implement an adequate transaction monitoring system....
by Jyotsna Bucktowar | Dec 24, 2025
KSA found that TOTO Online failed to continuously monitor customer relationships and transactions after initial due diligence, did not properly document why updated information did not change a player’s risk classification, and conducted inadequate investigations into...
by AdrianaAMLP | Dec 22, 2025
EPPO’s office in Zagreb charged the suspects with submitting misleading documentation to secure tens of thousands of euros in EU funding for steel-structure works they did not properly perform or complete. The case reflects coordinated EU action to protect the...
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