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

MAS issues Consultation Paper on Guidelines on AI Risk Management, outlining proportionate measures to ensure FIs use AI responsibly and securely, with feedback due by 31 Jan 2026

November 13, 2025

The Guideline proposes proportionate, organisation-wide expectations for financial institutions—covering governance, AI inventories, lifecycle controls, and skills development—to ensure the safe and responsible use of AI, including generative systems…

US DoJ launches Scam Center Strike Force to combat Southeast Asian crypto pig butchering scams, seizing $401M and targeting networks tied to forced labor and organised crime

November 12, 2025

The initiative has already resulted in the seizure of over $401 million in illicit cryptocurrency and is focused on dismantling transnational criminal networks connected to organized crime and forced labor. The Strike Force combines law enforcement, regulatory, and prosecutorial resources to identify, investigate, and prosecute these complex, cross-border financial crimes, aiming to protect victims and disrupt the…

FCA partners with Singapore’s MAS to accelerate safe, responsible AI innovation – launching joint initiatives to test AI solutions, share regulatory insights, and support cross-border growth

November 12, 2025

It will establish its first permanent presence in Singapore by appointing a Financial Services Attaché at the British High Commission. The collaboration will involve joint testing of AI solutions, exchange of regulatory insights, and co-hosted events to showcase best-in-class practices in AI development. This step supports economic growth by strengthening cross-border regulatory ties and attracting innovation to both the UK and Singapore financial markets…

Europol’s report Organised Crime Online highlights trends in cyber‑attacks, online fraud, and child sexual exploitation, and addresses emerging AI‑assisted crimes to protect victims

November 11, 2025

The report finds that cyber-criminal networks increasingly rely on service-based business models—such as malware-as-a-service and phishing-kits—while exploiting encryption, automation and large volumes of stolen data to evade detection. It further shows that Europol’s coordinated international operations, forensic capabilities and infrastructure takedowns remain essential to disrupting these fragmented and rapidly evolving online ecosystems…

UNODC’s 2025 Organised Crime brief warns that agile transnational criminal networks are fusing cybercrime, trafficking, and environmental crime, exploiting technology and weak governance

November 11, 2025

The report finds that organised criminal networks increasingly merge across illicit markets—such as drugs, cyber fraud, human trafficking and wildlife crime—exploiting weak governance, digital technologies and globalisation to multiply their reach. It also shows that these networks inflict substantial harm on governance, human rights and development by corrupting institutions, eroding the rule of law and deepening societal vulnerability…

NCA’s Operation Machinize 2 targets 2,734 high-street businesses, seizing £10.7M in criminal proceeds, £2.7M in illicit goods, and making 924 arrests disrupting ML and worker exploitation

November 11, 2025

Over October, it targeted 2,734 premises, resulting in 924 arrests, seizures of £10.7 million in suspected criminal proceeds and £2.7 million in illegal goods, and referrals to authorities for companies and workers operating illegally. The operation aimed to disrupt organised crime, protect workers from exploitation, and safeguard the integrity of legitimate businesses…

EP’s report on the impact of AI in the financial sector urges clearer rules, stronger oversight, and safeguards to harness innovation while preventing risks such as bias, fraud, and accountability gaps

November 11, 2025

The report highlights the growing use of AI (including generative models) across finance, urges a balanced approach between innovation and risk management (covering areas like fraud detection, AML controls, pricing and credit scoring), calls for clear guidance and proportional rules for financial institutions, stresses human oversight, digital skills and regulatory sandboxes, and flags the need to monitor systemic impacts…

Home Office’s updated Economic Crime Survey 2024 delivers new insights on rising cyber-enabled fraud, ongoing bribery and ML risks, and persistent gaps in business awareness and controls

November 7, 2025

Commissioned by the Home Office and conducted by Ipsos UK, the survey provides the first nationally representative estimate of how businesses with employees in the UK have been affected by economic crime in the last 12 months, covering fraud, bribery, money-laundering and sanctions breaches. GOV.UK It examines the scale, impact and cost of these incidents, as well as how businesses perceive and…

MONEYVAL’s 2024 Annual Report highlights ML/TF progress but flags gaps in investigations, asset recovery, sanctions, financial intelligence, preventive measures, and oversight of non-financial professions

November 7, 2025

MONEYVAL notes that its 33 member states are making solid headway in implementing AML/CFT measures, particularly in international cooperation and supervision of financial institutions. However, the report emphasises that significant gaps persist in several critical areas, indicating that many jurisdictions still fall short of fully meeting international standards…

NCA secures a £20-21M settlement from Chinese national, seizing dinosaur fossils, luxury apartments, and Chinese artworks under an Unexplained Wealth Order, showing POCA can target even exotic assets

November 7, 2025

The settlement included three rare dinosaur fossils (two Allosaurus skeletons and one Stegosaurus), nine luxury apartments in London, and 11 Chinese artworks. This case underscores the NCA’s growing ability to target not just traditional assets like cash and property, but also high-value and unusual assets, demonstrating the flexibility of the Proceeds of Crime Act 2002 in tackling unexplained wealth and recovering illicitly obtained assets…

NCA launches ‘Crypto Dream Scam Nightmare’, its first campaign targeting men under 45, warning against crypto investment fraud with real cases and tips to spot scams after 17,000 reports in 2024

November 7, 2025

The campaign highlights the risks of high-return crypto schemes, sharing real-life examples such as a victim who believed £28,000 had grown to £400,000, only to lose it all. In 2024, Action Fraud recorded over 17,000 reports of crypto investment fraud. The initiative provides a “Ten Tips” guide to recognise red flags, including unsolicited offers, pressure to invest more, and instructions to keep investments secret…

UK publishes a Strategy to transform its retail payments infrastructure, enhancing innovation, interoperability, security, competition, and resilience through upgrades governance reforms

November 7, 2025

It sets out both short-term improvements, such as enhancements to the Faster Payments System, and longer-term infrastructure transformation to support next-generation technologies like tokenised deposits and account-to-account payments, while proposing governance reforms—including a new Retail Payments Infrastructure Board and an industry-led delivery company—to enable agile, collaborative delivery of the payments roadmap…

No results found.