News Release | AMLP Forum

Times of Malta: Stanleybet Malta Limited, a betting company, has been fined €225,000 for serious AML failings, including weak monitoring and fragmented controls that left it exposed to ML/TF risks

by Jyotsna Bucktowar | Apr 6, 2026

The regulator found that the company had systemic weaknesses in monitoring customer transactions across its betting shops, relying on unreliable manual identification methods and lacking a complete customer database. It also noted that customers could easily bypass...

Hawk’s article underscores model governance as the key barrier to scaling AI in Anti-Financial Crime, with firms struggling with data quality, explainability, and lifecycle management

by Jyotsna Bucktowar | Apr 2, 2026

The article emphasises that although organisations are increasingly able to build AI models, many lack the structured governance frameworks, skilled resources, and standardised controls needed to operationalise them effectively, especially under rising regulatory...

NCA investigates after UK Border Force seized £80M of cocaine from a Panama shipment at London Gateway port, uncovering a major trafficking route hidden among legitimate goods bound for Norway

by Jyotsna Bucktowar | Mar 24, 2026

The drugs were discovered inside a shipping container arriving from Panama, concealed among legitimate goods including ceramics and kitchenware and destined for onward shipment to Norway. The seizure forms part of ongoing international efforts to disrupt large-scale...

OCCRP reveals a billion-dollar scheme tied to Taiwanese organised crime, where networks laundered over $1B through Macau casinos using recruited money mules” to exploit credit card systems

by Jyotsna Bucktowar | Mar 24, 2026

Individuals were recruited to artificially inflate credit limits, purchase large volumes of casino chips, and then cash them out, effectively transforming illicit proceeds into seemingly legitimate gambling winnings; this typology reflects classic placement and...

Lexology: Former CEO of Nodus Int’l Bank pleads guilty to a $24.9M fraud and sanctions evasion scheme, abusing his position to siphon funds & facilitate prohibited Venezuela-linked transactions

by Jyotsna Bucktowar | Mar 23, 2026

The scheme involved concealing related-party dealings, using complex financial structures to disguise the movement of funds, and bypassing U.S. sanctions through deceptive arrangements tied to a sanctioned entity. Authorities said the misconduct not only caused...

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Times of Malta: Stanleybet Malta Limited, a betting company, has been fined €225,000 for serious AML failings, including weak monitoring and fragmented controls that left it exposed to ML/TF risks

Hawk’s article underscores model governance as the key barrier to scaling AI in Anti-Financial Crime, with firms struggling with data quality, explainability, and lifecycle management

NCA investigates after UK Border Force seized £80M of cocaine from a Panama shipment at London Gateway port, uncovering a major trafficking route hidden among legitimate goods bound for Norway

OCCRP reveals a billion-dollar scheme tied to Taiwanese organised crime, where networks laundered over $1B through Macau casinos using recruited money mules” to exploit credit card systems

Lexology: Former CEO of Nodus Int’l Bank pleads guilty to a $24.9M fraud and sanctions evasion scheme, abusing his position to siphon funds & facilitate prohibited Venezuela-linked transactions

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