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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..

 

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IMF analyses how agentic AI could transform payment systems by enabling autonomous transaction initiation and decision-making, while creating new operational, compliance, and financial stability risks

April 24, 2026

The note explores how AI agents may increasingly manage activities such as payment authorisation, liquidity management, settlement routing, fraud detection, and regulatory compliance with minimal human intervention. The IMF emphasises the tension between probabilistic AI behaviour and the deterministic nature of payment infrastructure, recommending stronger governance, authentication, oversight, and resilience measures to manage emerging AML/CFT, cybersecurity, and consumer protection risks.

BIS’s paper on ‘Crypto-asset data’ reveals how suptech and advanced analytics enable real-time crypto supervision, while noting challenges in data quality, governance, and supervisory capacity

April 23, 2026

It explains how regulators are increasingly using big data, machine learning, and digital reporting tools to strengthen oversight of financial institutions. These technologies allow supervisors to detect risks earlier, analyse large and complex datasets more efficiently, and move towards more continuous, real-time supervision rather than periodic reviews. The paper highlights key use cases such as automated reporting, anomaly detection, network analysis, and risk dashboards that improve visibility into financial systems and emerging…

FATF Ministers at the US Ministerial meeting pledge for stronger global action against illicit finance, prioritising fraud disruption, risk-based enforcement, and faster FATF standards implementation 

April 17, 2026

They highlighted the growing harm caused by money laundering, terrorist financing, and proliferation financing, and pledged to use the full AML/CFT toolkit to disrupt fraud schemes involving scam centres, legal structures, virtual assets, and AI. Ministers also backed responsible financial innovation, improved payment transparency, stronger cross-border cooperation, and stricter peer reviews to ensure effective global enforcement and accountability…

OECD’s 2026 G20 Tax report highlights progress on BEPS reforms and the global minimum tax, alongside efforts to enhance tax transparency, simplify rules, and strengthen global coordination

April 16, 2026

The report outlines progress on key G20 priorities, including the rollout of the Two-Pillar solution to address tax challenges from digitalisation, continued implementation of BEPS minimum standards and expanded tax-transparency initiatives such as automatic exchange of financial account information. It also highlights ongoing work to improve tax certainty, modernise tax administration and support developing countries, while emphasising the need for continued international coordination to tackle cross-border tax avoidance, evasion…

AML RightSource, in its article “AMLA Explained: A Plain-Language Introduction,” highlights the AML Act as a key U.S. reform enhancing transparency, BO disclosure, and coordination against FC

April 13, 2026

Key features include a data-driven supervisory model, ongoing consultation on Regulatory Technical Standards (RTS), and a phased rollout of rules from 2027, with direct supervision expected from 2028. While the aim is harmonisation, tensions remain between a single rulebook and differing national risk profiles. Industry concerns include increased compliance burdens, inconsistencies with existing KYC practices, and potential challenges around digital onboarding and beneficial ownership data. Fraud regulation is notably not a central focus…

OECD’s Consumer Finance Risk Monitor 2026 report flags rising FC risks from AI impersonation, phishing, investment and crypto fraud, with 85% of jurisdictions citing scams as the top risk

April 10, 2026

Across 60 jurisdictions, financial scams (including phishing, impersonation fraud, and increasingly AI-enabled attacks) are identified as the top consumer risk, while debt pressures and complex digital products such as crypto, BNPL, and online lending are further weakening household financial resilience. The report also notes a sharp rise in consumer complaints and warns that digitalisation, while improving access and convenience, is simultaneously increasing exposure to fraud, financial exclusion, and misleading or opaque financial practices…

Chainalysis Crypto Crime 2026 report, exposes an alarming surge in crypto crime, with $17B lost to scams in 2025, driven by AI-powered fraud and industrialised global criminal networks

April 10, 2026

The report shows that crypto crime is becoming increasingly industrialised, with organised cross-border networks coordinating roles such as recruitment, laundering, and mule account management to scale operations globally. It also emphasises the growing dominance of stablecoins in illicit transactions due to their speed, liquidity, and ease of cross-border movement. At the same time, sanctions evasion and state-linked actors are playing a more visible role in the ecosystem, adding geopolitical complexity to financial crime risks…

Kodex’s ‘Impersonation Risk’ paper highlights how AI-driven impersonation of law enforcement exploits weak email controls in financial services, increasing data breach and compliance risks

April 10, 2026

The paper reveals how attackers are leveraging increasingly sophisticated, AI-driven tactics to craft highly convincing legal requests—exploiting the natural instinct of organisations to cooperate with authorities. It underscores that many firms remain reliant on outdated, email-based verification processes, leaving them vulnerable to spoofing, human error, and cross-border verification challenges…

INTERPOL brings together global law enforcement leaders to shape the future of policing – boosting cooperation to tackle organised crime and AI-driven threats while elevating standards, data use, and leadership

April 8, 2026

The conference also emphasises improving NCB effectiveness through better data-sharing, use of secure systems like NEXUS, alignment with databases such as I-Familia for missing persons, and promoting leadership development particularly for women in policing. Overall, the event reinforces the importance of international collaboration, standardisation, and real-time information exchange to combat…

HKA ‘From Tick Box to Tactical Advantage’ article examines how outdated FC risk assessments can leave firms exposed, reinforcing regulators expectations for forward-looking, risk-based frameworks

April 7, 2026

The article highlights key failures such as tick-box approaches, lack of data, poor methodology, weak governance, and limited coverage of evolving risks and stresses that risk assessments must become dynamic tools that actively guide decision-making. Ultimately, firms that embed scenario analysis, continuous updates, and strong governance can transform risk assessments from a compliance exercise into a strategic advantage…

Cube3AI report reveals that cross-border mule networks, with over 60% of accounts unflagged and 94–96% of scams shifting to Telegram, are enabling large-scale fraud to go undetected

April 7, 2026

Scams often start on mainstream platforms before rapidly shifting to Telegram, where payment instructions and mule account details are exchanged at scale. Many of these accounts appear entirely legitimate—some years old—yet over 60% remain unflagged while quietly processing hundreds of transactions over extended periods. What looks like routine activity in isolation reveals organised, large-scale fraud when connected across institutions. The report makes clear that this is not just a detection gap, but a systemic blind spot, enabling vast…

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

April 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 expectations for transparency, explainability, and auditability, ultimately reinforcing that without mature model governance, AI risks remaining confined to pilots rather than delivering sustained, scalable impact across financial crime compliance functions…

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