Log in/out

Our extensive knowledge at your fingertips

Money Laundering & Terrorist Financing

Global

This section include AML/CTF initiatives by FATF, OECD, Basel, Wolfsberg Group, Egmont Group, IMF, Interpol, UN, World Bank among others.

FATF Recommendations
Basel Institute of Governance AML Risk Country Index
Egmont Group Financial Crime cases
United Nations Office on Drugs and Crime (UNODC)
OECD Tax Evasion
INTERPOL
IMF AML/CTF
Wolfsberg Principles
World Bank StAR Initiative

And many more..

 

Sections

Latest editions

Search

U

FATF publishes a targeted report on stablecoins and unhosted wallets, warning that these fast-growing crypto tools, facilitating over 80% of criminal virtual asset transactions, are fueling global ML/TF risks

March 7, 2026

The report highlights the rapid growth of stablecoins—over 250 in circulation with a market value exceeding USD 300 billion by mid‑2025—and their increasing use in illicit finance, accounting for roughly 84% of illicit virtual asset transaction volumes, often via unhosted wallets that bypass regulatory oversight. Their price stability, liquidity, and interoperability make them attractive for legitimate use but also for ML…

FATF updates its Consolidated Assessment ratings (2014–2026) adding Kuwait and Papua New Guinea to the grey list and including new mutual evaluation reports for Austria, Italy, & Singapore

March 4, 2026

The Assessment Ratings resource lists the results that jurisdictions have received for both effectiveness (how well AML/CFT systems work in practice) and technical compliance (alignment of laws and regulations with the FATF Recommendations) based on past mutual evaluations. It is designed to be read alongside the detailed mutual evaluation reports that explain the context behind each rating and highlight strengths…

UNODC’s report on Waste Crime and Trafficking warns that organised networks are driving global pollution and illicit profits through illegal waste handling, transport, trade, fraud, corruption, and ML

February 25, 2026

These illicit activities generate significant profits through fraud, smuggling, and ML, while causing severe environmental and health impacts, including toxic pollution and undermining recycling efforts. The report emphasizes the transnational nature of waste trafficking, with high‑waste countries shipping materials to regions with lax oversight, and identifies key challenges such as data gaps, fragmented enforcement, and low penalties. UNODC calls for stronger legislation, cross‑border cooperation, enhanced financial investigations…

FATF’s Feb 2026 Plenary Outcomes raise the global AML/CFT bar, adding Kuwait and Papua New Guinea to the grey list, updating Iran on the black list, and targeting cyber-enabled fraud and virtual asset risks

February 23, 2026

The FATF Plenary addresses global illicit finance threats, adopting mutual evaluation reports for Austria, Italy, and Singapore, approving new guidance on cyber-enabled fraud and emerging virtual asset risks, and adding Kuwait and Papua New Guinea to its “grey list” of jurisdictions under increased monitoring. It also appoints UK’s Giles Thomson as FATF President (2026–28) and maintained Russia’s membership suspension, signaling continued vigilance…

FATF’s new paper on Cyber-Enabled Fraud warns rising cyber fraud is driving illicit fund flows worldwide, urging stronger AML/CFT tools, tighter crypto and BO controls, and coordinated action

February 23, 2026

The paper examines how fraudsters exploit phishing, AI-enabled deepfakes, messaging apps, and virtual assets to move illicit funds across borders and emphasizes leveraging AML/CFT tools to prevent and recover stolen funds. Key measures include payment transparency, asset recovery, regulation of virtual assets, beneficial ownership transparency, advanced analytics, and cross-border cooperation. FATF stresses international collaboration, rapid information sharing, and adaptive responses to emerging threats like scam centres, proliferation…

FATF’s 2024–25 Annual Report highlights a bold push against financial crime, spotlighting tighter virtual asset controls, risk-based measures, sanctions guidance, and public-private collaboration

February 22, 2026

The report emphasises evolving threat areas such as online child sexual exploitation, terrorist financing, and proliferation financing, urging stronger implementation of standards and cooperation. It also stresses the importance of financial intelligence and private‑sector controls, showcasing operational partnerships to disrupt crime, while noting progress in jurisdictions exiting the FATF Grey List and identifying persistent gaps that need targeted technical assistance and collaboration…

OECD publishes Due Diligence Guidance for Responsible AI, setting a clear roadmap for firms to embed risk-based, human-centred AI governance to identify, mitigate, and remedy AI risks while building trust

February 19, 2026

The Guidance sets out a practical, risk-based framework for enterprises across the AI value chain to identify, prevent, mitigate, and remediate potential harms from AI systems, stressing that responsible AI must be embedded into enterprise governance, continuously monitored, transparently communicated, and supported by effective stakeholder engagement and remedy mechanisms to build trust, ensure…

OECD’s AI Observatory Index 2026 unveils a 28-indicator framework to benchmark how effectively countries advance trustworthy AI across research, infrastructure, policy, skills, and global cooperation

February 19, 2026

The AI Index introduces a new composite framework to measure how effectively countries implement trustworthy AI, combining 28 indicators across five pillars—AI R&D, enabling infrastructure, policy environment, jobs and skills, and international cooperation—to help governments benchmark performance, identify gaps, and guide evidence-based AI policy, while emphasising that the Index is an evolving, policy-focused snapshot rather than a definitive ranking…

UN Sanctions List last updated

February 18, 2026

OECD provides policy guidance to help governments expand financial inclusion by ensuring financial products are accessible, appropriate and support consumer financial well-being

February 17, 2026

The paper outlines practical approaches to implement G20/OECD financial consumer protection principles by promoting access to financial services while ensuring products meet consumers’ needs and deliver fair value. It emphasises the importance of product design, transparency and suitability, alongside strong consumer protection frameworks, to improve financial inclusion outcomes and support long-term financial resilience.

FATF appoints Mr. Giles Thomson, Director at UK HM Treasury as its next President (2026–2028), succeeding Ms. Elisa de Anda Madrazo on 1 July 2026, after serving as Vice-President since July 2025

February 13, 2026

Mr Thomson is currently the Director of the Office for Financial Sanctions Implementation and Economic Crime at HM Treasury and Head of the UK delegation to the FATF. He has over 20 years of experience in the UK civil service and previously served as co-chair of FATF’s Global Network Coordination Group. His appointment was confirmed during the FATF Plenary held in February 2026…

GASA’s White paper on ‘Fraud and Scams’ highlight that network-level payment data and cross-institution intelligence can dramatically improve early detection and prevention of fraud and scam

February 10, 2026

By leveraging richer payment data standards like ISO 20022, existing systems in the UK, US, EU, and the Philippines already provide insights on suspicious activity such as money mule behavior and high-risk accounts. The paper emphasizes that expanding these signals through global collaboration, privacy-enhancing technologies, and cross-border consortiums can enable financial institutions to detect and prevent…

No results found.