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Singapore flag in the middle followed by a scam icon on bottom right and coins icon on top left | complycube

Singapore Scam Investigation Uncovers $5.4M in Victim Losses

In the latest AML news, we cover Singapore's recent crackdown on a scam infrastructure that connected 270 suspects to over $5.4 million in losses. This network has engaged in offenses including money laundering and other crimes....
World liberty financial graphic highlighting crypto source of funds and source of funds scrutiny around a major crypto investment | complycube

Crypto Source of Funds Under Scrutiny after $100M WLFI Investment

The $100M WLFI investment puts crypto source-of-funds checks under scrutiny, highlighting why blockchain analytics alone cannot reveal who controls funds, or the wider financial crime risk....
Illustration showing ubs financial services surrounded by us regulators including fincen the sec finra and the cftc following the record ubs aml fine enforcement action | complycube

UBS Financial Services Hit With $125M Fine From US Regulators

The biggest lesson from the UBS AML Fine isn't just the $125 million penalty. Find out why several various US regulators took actions against UBS Financial Services and what every compliance team should learn from the case....
Logo of lombard odier in the middle with the switzerland flag on the top left and uzbekistan flag on the bottom right | complycube

Swiss Bank Lombard Odier fined $3.6M in Uzbekistan Money Laundering Case

Lombard Odier faces a CHF3 million fine after a Swiss court found failures in its controls against aggravated money laundering. This article explains the ruling, the Karimova backstory and practical lessons for compliance teams....
Cryptocubed the september crypto newsletter | complycube

CryptoCubed July Newsletter: Dunamu Sanctions Review and the U.S. Crypto Scam

The latest crypto developments in July are here. This month, we cover Dunamu's formal sanctions case, the global crypto scam in the U.S., Australia's latest VASP news, FATF's Travel Rule adoption review, and more. Check it out!...
Logo of maribank in the middle together with singapore flag at the top | complycube

How Singapore’s MariBank Dismantled a Money Laundering Network

Singapore's money laundering network case shows why KYC does not end at onboarding. Learn how MariBank helped authorities break down this notorious crime network through sharing critical financial crime intelligence information....
Ccv logo with france flag on the right top | complycube

Netherlands Fines Financial Company CCV €2.65M for Monitoring Gaps

The Netherland's regulatory authority, the DNB fined financial services company, the CCV €2.65 million for historical lapses in its customer due diligence and monitoring system. CCV failed to adequately comply with the Wwft rules....
A graphic with the argent capital management logo in the middle with a fraud allegation pop up a stack of coins and the cftc logo | complycube

CFTC Fine Exposes $14M Crypto Pool Fraud

The Commodity Futures Trading Commission (CFTC) action against Argent Capital Management goes beyond alleged investor fraud. Explore what the $14 million case reveals about crypto compliance, controls and financial crime risk....
Image shows bet365 logo with the australian flag on the top left | complycube

Australia Forces Gambling Firm Bet365 to Improve AML Program

Australia's Financial Intelligence Unit, AUSTRAC, forces Bet365 into a legally binding AML remediation plan. During investigations, AUSTRAC discovered that the gambling firm had significantly violated the country's AML and CTF Act....