US Executive Order “Restoring Integrity” tightens banking oversight by strengthening due diligence, identity checks, and credit risk controls to crack down on ML, fraud, and illicit cross-border finance

by | May 19, 2026

It requires the Treasury Department and regulators to issue guidance and strengthen Bank Secrecy Act (BSA) rules on customer due diligence, beneficial ownership verification, and transaction monitoring, with a focus on detecting fraud, money laundering, and abuse of...

FCA’s Financial Crime Conference (May 2026) highlighted “dialling up” controls in high-risk areas and “dialling down” where governance is strong, focusing on AI, data quality, resilience and accountability

by | May 14, 2026

Key themes emerging from the FCA Financial Crime Conference included growing discussion around “dialling-up” controls, friction and human oversight where risks increase, while “dialling-down” may become possible where firms can demonstrate strong governance,...