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Isle of Man’s first standalone TF National Risk Assessment flags transit financing as the top threat while affirming strong cross-sector defences ahead of its 2026 MONEYVAL review

by AdrianaAMLP | Jul 22, 2025

The Isle of Man’s 2025 Terrorist Financing National Risk Assessment identifies an overall medium-low risk of terrorist financing, with the most significant threat stemming from the potential misuse of its financial system for transit-based financing. The assessment...

ASC probes CatalX CTS Ltd., an Alberta crypto-asset trading platform and its top executives over allegations of breaching securities laws by misappropriating over CAD 14M in client assets

by Jyotsna Bucktowar | Jul 18, 2025

The ASC claims funds were diverted to personal accounts starting in 2019, with the company failing to report the fraud promptly and lacking adequate safeguards to prevent misuse. A hearing is scheduled for September 2025, highlighting growing regulatory scrutiny over...

OCCRP reports Cambodian authorities arrested nearly 1,000 mostly foreign suspects in a major crackdown on scam networks tied to cyber fraud, ML, and human trafficking

by Jyotsna Bucktowar | Jul 17, 2025

The raids spanned multiple provinces and resulted in seizures of computers and mobile phones used in these schemes. While the operation demonstrates Cambodia’s efforts to tackle escalating cyber-enabled financial crimes and respond to international pressure, human...

AUSTRAC’s 2025-26 priorities tighten oversight on high-risk sectors like cash and digital currencies and expand regulation to ‘tranche 2’ industries like real estate, law, and precious metals

by Jyotsna Bucktowar | Jul 17, 2025

AUSTRAC is also targeting high-risk sectors such as cash-intensive businesses and digital currencies, which facilitate rapid and anonymous cross-border transactions. The agency plans to enhance its intelligence capabilities to identify sectors not managing risks...

MAS’s 2024-25 Annual Report reveals bold new anti-scam measures, cutting-edge real-time fraud detection, and strengthened safeguards to protect consumers

by AdrianaAMLP | Jul 15, 2025

The MAS Annual Report 2024/25 outlines the Authority’s key priorities and policy responses to support economic stability, strengthen the financial sector, and address emerging risks. It aims to provide transparency on MAS’s actions in monetary policy, financial crime...
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Recent Posts

  • UK’s new ‘Failure to Prevent Fraud’ offence takes effect 1 Sept 2025 – making organisations liable if an employee, agent, subsidiary, or other third party commits fraud for their benefit
  • AUSTRAC’s new AML/CTF Rules 2025, effective in phases from 31 March and 1 July 2026, strengthen obligations for reporting entities and new sectors, boosting efforts to detect and combat ML/TF risks
  • FinCEN issues Advisory and Financial Trend Analysis highlighting how Chinese ML networks are moving cartel-linked illicit funds through U.S. banks and informal transfer channels
  • Dutch Central Bank (DNB) fines Neobank Bunq €2.6M  for serious deficiencies in its AML controls during the period under review, from Jan 2021 to May 2022
  • GI-TOC analysis warns by 2035, the Western Balkans could become a nexus for cybercrime, combining blockchain and AI innovation with organised crime in “criminal states” and resource-scarce markets

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