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 Mutual Evaluation report finds Slovenia has strengthened its AML/CFT framework but needs further progress in DNFBP supervision, investigations, prosecutions, and asset recovery

July 7, 2026

The sixth-round mutual evaluation says Slovenia has a largely adequate understanding of money laundering risk, constructive international co-operation, effective operational co-ordination, strong market-entry controls for financial institutions and improved VASP requirements. However, MONEYVAL says Slovenia lacks a formal integrated national AML/CFT strategy, has serious weaknesses in DNFBP controls and supervision…

 

ESRB warns that frontier AI models could heighten cyber risks to the EU financial system, enabling more sophisticated attacks and requiring stronger supervisory focus on AI-related threats

July 7, 2026

The EBA, EIOPA and ESMA support the ESRB’s warning that frontier AI models could increase the scale, speed and sophistication of cyber-attacks affecting the financial system. They note that DORA and the AI Act provide important foundations for resilience, while stressing the need for continued monitoring of how AI-enabled cyber threats may affect financial stability…

MONEYVAL’s 2nd Enhanced Follow-Up Report notes Romania’s progress in enhancing its AML/CFT framework while identifying remaining gaps in targeted sanctions and virtual asset compliance

July 6, 2026

The follow-up report says Romania improved technical compliance on two FATF Recommendations covering targeted financial sanctions related to terrorism, terrorist financing and proliferation financing, both now rated largely compliant. MONEYVAL also records limited progress on national co-operation, non-profit organisations, financial institution secrecy, politically exposed persons, beneficial ownership of legal persons and AML/CFT statistics…

AMLA finalises 3 sets of standards to harmonise FIU and EPPO information sharing and reporting, introducing machine-readable reporting formats and streamlined FIU-to-FIU exchanges via FIU.net

July 6, 2026

The standards create machine-readable templates for FIUs and AMLA to report analysis to the European Public Prosecutor’s Office, helping EPPO receive more complete and comparable information on crimes affecting the EU’s financial interests. They also introduce common templates for FIU-to-FIU exchanges through FIU.net, covering spontaneous and requested exchanges, feedback and cross-border…

FCA’s Mills Review explores how AI will reshape retail financial services by 2030, highlighting opportunities alongside growing risks from fraud, cyber threats and consumer harm

July 6, 2026

The report highlights that while AI can improve efficiency, personalisation and access to financial services, it may also increase risks around fraud, cyber resilience, consumer harm and financial crime. It recommends that regulators and firms adapt their approaches to ensure AI is used safely and responsibly, including stronger oversight and improved regulatory capabilities…

MAS publishes the Safeguards for Agentic Finance industry white paper, developed with leading FIs and FinTechs, setting out a practical framework for the safe deployment of AI agents in financial services

July 3, 2026

The paper introduces a set of runtime safeguards designed to ensure AI agents operate securely, transparently and within defined governance and risk parameters through mechanisms such as policy enforcement, real-time monitoring, human oversight, auditability and interoperability. The initiative aims to foster trusted adoption of agentic AI while supporting innovation, operational resilience and effective risk management across the financial sector…

AMLA consults on draft common standards for reporting suspicious activities and transaction records, aiming to replace fragmented approaches with harmonised, machine-readable data – by 20 Sept 26

July 2, 2026

The proposal aims to replace fragmented national reporting requirements with common, machine-readable templates and standardised data fields, while allowing reporting to be tailored by sector and the type of suspicion. The new framework is intended to provide greater clarity and consistency for businesses operating across borders, improve the quality and comparability of reports submitted to FIUs, and enable faster, more effective financial…

OECD and UNDP use the Tax Inspectors Without Borders Annual Report 2026 to show how hands-on tax audit support is strengthening revenue mobilisation, investigation capacity and international co-operation

July 2, 2026

The annual report, published on 2 July 2026, reviews TIWB’s 2025 results and activities, including progress on revenue mobilisation, capacity building, institutional resilience, taxpayer compliance and peer-to-peer learning across tax administrations. It also marks the launch of TIWB 2.0, setting out how the initiative is expanding partnerships, adapting to a more complex international tax environment and responding to rising demand for practical support from developing countries.

AMLA concludes public hearing on draft guidelines for ongoing monitoring of business relationships, advancing the EU’s new AML/CFT rulebook under a risk-based framework – feedback until 3 Sept 2026

July 2, 2026
The session brought together over 1,200 stakeholders from financial and non-financial sectors and civil society to discuss practical implementation of requirements around customer updates, transaction monitoring and proportional risk-based controls. AMLA emphasised that the guidelines are designed to be clear, consistent and applicable across all obliged entities, with strong focus on proportionality and operational practicality…

HMT, FCA, BoE and PSR issue additional guidance on the UK’s future retail payments infrastructure, providing new detail on consumer protection, fraud prevention and FC safeguards

July 2, 2026

The Payment Vision Delivery Committee (PVDC), comprising HM Treasury, the Bank of England, the FCA and the PSR, has issued new supporting context to the RPIB consultation on the future retail payments infrastructure, providing fresh detail on the proposed commercial model and reinforcing how the next-generation system will strengthen consumer protection and financial crime safeguards under the UK’s National Payments Vision…

FATF officially launches its 2026–2028 ‘Roadmap on Combatting Fraud’, marking the start of the UK Presidency, targeting scam compounds, digital enablers and faster cross-border financial intelligence

July 1, 2026

The UK Presidency for 2026–2028 will focus on fraud as a major and rapidly growing source of illicit finance, with FATF noting that nearly 90% of assessments in the previous round identified fraud as a major proceeds-generating offence. FATF also plans to strengthen risk-based implementation, risk-based supervision and public-private, private-private and cross-border information sharing, while examining financial flows linked to scam compounds…

UK takes over FATF Presidency for 2026–2028, launching a coordinated global drive to disrupt illicit financial flows and strengthen the global response to fast-evolving, technology-enabled fraud and FC

July 1, 2026
Under President Giles Thomson, the UK will prioritise disrupting criminal financial flows linked to fraud, terrorism and proliferation, enhance the use of the FATF toolkit, improve cross-border intelligence and public-private information sharing, and promote risk-based supervision, while also advancing coordinated global action through FATF-Style Regional Bodies and launching the 2026–2028 Roadmap on Combatting Fraud to support more effective…
No results found.