Trump’s Executive Order prohibits ‘politicised or unlawful de-banking’ ensuring that FIs cannot restrict or deny services on the basis of political beliefs, religion, or lawful business activities

by | Aug 7, 2025

The order requires regulators to review past and current banking practices, remove guidance that could facilitate politically motivated account restrictions, and mandate that financial institutions notify and reinstate affected customers. By establishing clear...

EBA’s 2025 Opinion on ML/TF risks flags 61% of breaches stem from weak risk frameworks and outdated due diligence, while poor RegTech deployment and governance gaps heighten vulnerabilities

by | Aug 4, 2025

The report highlights that many fintech firms still prioritise growth over robust AML/CFT controls, and although residual risks in traditional sectors like banking have improved, product‑ and service‑level risks are now overtaking customer risks. Calling for stronger...