Financial Crime
Companies are subject to constantly evolving internal and external threats. Explore the latest financial crime developments ― to help armour businesses against harm.
AllArticles
28 results
Financial Crime
Sanctions complexity, tough US trade policy boosts risk for fund managers
Fund managers are facing increasing risks from the growing complexity of sanctions and an aggressive US trade policy. In more...
Financial Crime
Evolving UK people smuggling policy requires new approach from financial crime teams
UK financial crime teams will need to revamp their control frameworks to identify finance links to people smuggling, in light...
Regulatory
EU introduces new rules to mitigate ‘virtual IBAN’ AML/CFT risks
The European Union is introducing a new regulatory framework for virtual international bank account numbers (vIBANs) to mitigate anti-money laundering...
Digital Assets
Central banks should launch CBDCs to ensure economic stability — report
Central banks should continue to develop sovereign digital currencies for the sake of economic stability, according to a new report,...
UK Regulation
UK competition watchdog to have final say on big tech dominance of digital wallets
The Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) are to leave the decision on whether to intervene...
Financial Crime
Barclays faces second financial crime investigation in three years
Barclays is facing its second financial crime investigation in the UK in three years, the bank has revealed in its...
Financial Crime
US debanking laws, politics complicate financial crime compliance
New state “anti-debanking” laws, as well as congressional investigations into the alleged “weaponisation” of agencies that police banks’ anti-money laundering...
Financial Crime
US cheque theft surge requires better anti-fraud controls, education
Losses stemming from cheque fraud topped $21 billion in 2023, driven by an increase in cheque theft. The surge requires...
