AUSTRAC has warned firms against blanket de-risking, reinforcing a global shift toward risk-based AML. Debanking can inadvertently increase financial crime risks and cause widespread financial exclusion for vulnerable customers....
Hong Kong’s Insurance Authority fined FWD HK$19.5 million over AML failures spanning third-party payments, PEP screening, transaction monitoring, and high-risk customer controls, signalling closer scrutiny of insurers....
The UK's latest Anti-Money Laundering and Asset Recovery Strategy 2026-2029 aims to strengthen its response to evolving financial crime risk. The strategy calls for smarter compliance systems and governance over the next 3 years....
The Revolut Cyber Attack exposed how trusted channels can be manipulated to obtain sensitive customer data, highlighting the need for stronger fraud intelligence, contextual checks, and protection of high-value KYC records today....
Risk-based AML frameworks can become difficult to execute, especially across different spreadsheets and workflows. Discover how custom risk engines can transform documented methodologies into consistent, auditable risk decisions....
15 crypto exchanges are under India's FIU scrutiny as the country aims to step up AML enforcement. The case shows what offshore crypto firms risk if they serve customers in India without meeting local AML and CDD compliance rules....
