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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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GI-TOC’s ‘Wind of Change’ report argues that outdated and fragmented UN anti-crime systems are struggling to keep pace with cyber fraud, illicit finance and trafficking, urging major global reforms

May 4, 2026

The report particularly emphasises the need to reposition the United Nations Convention against Transnational Organized Crime (UNTOC) as the core international legal framework for combating organised crime. Although UNTOC is one of the world’s most widely ratified treaties, the report argues that its operational impact has fallen short due to weak implementation mechanisms, inconsistent political commitment and limited monitoring of member state compliance. GI-TOC contends that many emerging criminal threats — including cyber-enabled fraud, illicit financial flows, environmental crime, trafficking networks, sanctions evasion and online scam operations…

FATF Mutual Evaluation Report commends Austria’s AML/CFT framework while flagging weaknesses in BO transparency, enforcement and cross-border illicit finance controls

April 30, 2026

The report identifies weaknesses including insufficient resources and operational independence for the Financial Intelligence Unit, restrictive interpretations of money laundering offences, and low levels of corporate sanctions and asset confiscation. FATF also highlights inconsistent risk understanding across authorities and calls for stronger coordination, resourcing, and enforcement action to improve the effectiveness of Austria’s AML/CFT regime within the next three years…

OECD warns that record-high export restrictions on critical raw materials are straining global supply chains and raising risks to energy transition and industrial security amid geopolitical tensions

April 28, 2026

The report identifies particularly high exposure to restrictions for cobalt, manganese, graphite, and rare earth elements, with a growing number of resource-rich countries in Africa and Asia adopting export controls. OECD also highlights that around 16% of global trade in monitored critical raw materials faces at least one export restriction, raising concerns over economic security, industrial competitiveness, and geopolitical fragmentation…

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…

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