Log in/out

Our extensive knowledge at your fingertips

Money Laundering & Terrorist Financing

Over 20 years of articles and reference material

A page dedicated to global, regional, UK and US anti-money laundering developments and initiatives.

Browse the resource database or make a sub-selection:

Menu

Latest editions

Search

U

MONEYVAL’s 6th Round Mutual Evaluation Report on Armenia highlights AML/CFT progress while identifying gaps in ML prosecutions, asset recovery, TF risk assessment and virtual asset oversight

July 9, 2026

he report identifies fraud, embezzlement, corruption, tax crimes, drug trafficking and cybercrime as key money laundering threats, while calling for improvements in money laundering prosecutions, asset recovery, the identification of terrorist financing risks and the analysis of virtual asset-related risks. Armenia has been placed in enhanced follow-up and must report on progress against key recommended actions within three years…

Egmont Group pushes for FIU-led public-private partnerships to accelerate cross-border intelligence sharing and tackle emerging threats including fraud, virtual assets, trade-based ML and corruption

July 9, 2026

The Egmont Group emphasises that effective PPPs should be built on trust, clear objectives, information-sharing frameworks and mutual benefits, while complementing existing AML/CFT reporting obligations. Stronger cooperation can help identify emerging risks, improve detection of illicit financial flows and support faster disruption of money laundering and terrorist financing networks…

OECD tracks tax co-operation for development, showing how transparency, BEPS participation and technical assistance are supporting stronger revenue systems in developing countries

July 9, 2026

The progress report reviews OECD tax and development activities in 2025, including work to help developing countries tackle tax evasion and avoidance, improve domestic revenue mobilisation and participate in international tax initiatives. It also covers targeted technical assistance and the tenth anniversary of the OECD/UNDP Tax Inspectors Without Borders initiative, while setting out priorities for 2026.

EBA releases final technical package for reporting framework 4.3, introducing new Third-Country Branch reporting requirements and supporting AMLA’s data collection to identify entities for direct supervision

July 9, 2026

The technical package implements new reporting requirements for third-country branches under the Capital Requirements Directive and supports AMLA’s risk assessment data collection exercise. The package provides updated data point models, validation rules and XBRL taxonomies, with reporting expected to begin from 31 March 2027 for TCBs and 31 December 2026 for AMLA’s risk assessment exercise…

FCA’s 2025/26 Annual Report highlights stronger enforcement action, including 17 criminal convictions, 650 finfluencer takedowns, 2,329 scam warnings and a £42M AML fine

July 9, 2026

The crackdown resulted in three arrests and 650 social media takedown requests, secured 17 criminal convictions for offences including fraud, insider dealing, ML, and market abuse, and imposed significant enforcement actions, including a £42 million AML fine against Barclays. The report also notes 2,329 scam warnings, £14.4 million in fines for transaction reporting failures, and the removal of 222,173 money mule…

INTERPOL’s Operation First Light 2026 led to 5,811 arrests, intercepted USD 293M in illicit assets and blocked 31,014 bank accounts across 97 countries, disrupting global fraud and ML networks

July 9, 2026

The operation targeted social engineering scams, including business email compromise, investment fraud, romance scams, impersonation fraud and sextortion. Authorities also analysed 152,808 cases, solved 23,715 investigations, blocked 31,014 bank accounts, identified 15,606 suspects and issued 99 INTERPOL Notices and Diffusions. The operation highlighted the growing sophistication of transnational fraud…

FATF updates its Consolidated Assessment Ratings, reflecting revised country ratings – adding Bosnia and Herzegovina and Iraq to the grey list and removing Algeria and Namibia

July 9, 2026

The ratings, based on Mutual Evaluations and Follow-Up Reports, measure how effectively jurisdictions implement AML/CFT and counter-proliferation financing measures, helping identify strengths, weaknesses and progress over time. The consolidated tables are intended to support transparency and enable governments, supervisors and financial institutions to benchmark AML/CFT performance across…

U.S. Federal Reserve proposes enhanced risk-based AML/CFT requirements for banks, aligning programmes with FinCEN priorities and strengthening illicit finance controls

July 9, 2026

The proposal aims to align banking requirements with broader AML reforms under the Anti-Money Laundering Act of 2020 and FinCEN’s proposed updates, while improving the quality of information shared with law enforcement and national security agencies. The reforms would require banks to better integrate FinCEN’s AML/CFT priorities into risk assessments, focus resources on higher-risk activities…

AMLA introduces a common EU enforcement approach to ensure consistent, risk-based supervisory responses to breaches across financial and non-financial sectors

July 8, 2026

The final draft regulatory technical standards set out a step-by-step method for assessing AML/CFT breaches, including gravity, duration, repetition, impact and other indicators before classifying cases into four seriousness levels. The approach applies across AML-regulated sectors and is designed to give supervisors a more consistent basis for choosing enforcement outcomes, penalties and remedial measures…

European Parliament issues Briefing on AMLA’s readiness for direct supervision ahead of public hearing with Chair Bruna Szego, highlighting the EU Single Rulebook and harmonised AML/CFT reforms 

July 8, 2026

The briefing assesses AMLA’s readiness to assume its direct supervisory role from 2028, focusing on the selection of high-risk cross-border financial institutions, oversight of crypto-asset service providers under MiCAR, stronger cooperation between FIUs, consistent implementation of the EU’s Single AML Rulebook, and proportionate regulation that maintains robust AML/CFT safeguards…

FATF’s report urges greater use of PPPs to combat illicit finance, highlighting 84 PPPs across 52 jurisdictions, with 75%+  sharing strategic intelligence and 55–66% facilitating operational intelligence

July 8, 2026

It showcases successful initiatives such as Singapore’s Project FRONTIER+, which led to over 2,100 arrests, the freezing of 36,000 bank accounts, and the seizure of S$28.2 million, demonstrating the value of collaboration between authorities and the private sector. The FATF also highlights innovations such as encrypted information-sharing platforms and broader cooperation with virtual asset service providers…

HMRC’s new Estate Agency Business Guidance strengthens AML requirements with earlier CDD, enhanced source of funds and wealth checks, stronger SAR reporting, and updated registration obligations

July 8, 2026

The revised guidance introduces a stronger focus on assessing proliferation financing risk, clarifies the application of risk-based AML controls, and reinforces customer due diligence and governance requirements. It also emphasises that each regulated business involved in a property transaction has an independent legal obligation to report suspected money laundering or terrorist financing…

No results found.