Search results for Financial Crime & Sanctions

White collar crime and the EU

In the world of financial crime compliance, the first half of 2025 was dominated by news of the pause on enforcement of the Foreign Corrupt Practices Act (FCPA) by the US Departmen...

OFAC Enforcement: A Practical, Profession Overview For Compliance, Legal, and Risk Teams

OFAC and BIS Violations: Is the Reporting Person a Whistleblower, Witness, or Confidential Source? Legal Risks, Strategy...

Companies engaged in international trade, banking, logistics, manufacturing, software, technology transfers, and cross-border finance face increasing scrutiny under U.S. sanctions...

FCA publishes findings from a review of sanctions systems and controls in firms

On 28 May 2026, the Financial Conduct Authority (FCA) published its findings in relation to financial firms’ controls, highlighting good and poor practices and areas for improvemen...

OFSI Strategy: 2026 – 2029

On 15 April 2026, the Office of Financial Sanctions Implementation (OFSI) published its strategy for 2026 – 2029 to ensure UK financial sanctions remain effective, resilient and im...

Market Watch 85

On 29 April 2026, the Financial Conduct Authority (FCA) published Market Watch 85. In this edition of Market Watch the FCA discusses how the Economic Crime and Corporate Transparen...

Secondary OFAC Sanctions - Enforcement Trends, Case Studies, and Exposure of Non-U.S. Companies

Introduction - Over the past decade, especially after the expansion of Russia-related measures in 2022, secondary sanctions have moved from a niche concept to a central pillar of...

Financial Crime in Focus: FINTRAC, Federal Policing, and a New Enforcement Trend?

The first four months of 2026 have brought a wave of developments in Canada’s financial crimes landscape notable for their potential to reshape enforcement trends. A new bill befor...

FinCEN’s IRGC Alert: What Financial Institutions Need to Know About Iran’s Oil Smuggling and Shadow Banking Networks

On May 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert designed to help financial institutions identify and disrupt fu...

AI and Cyber-Enabled Tools Are Changing Sanctions Compliance Risks: Are You Prepared?

Artificial intelligence (AI) is reshaping the global economy and changing the way business is done, with dramatic implications for how companies manage compliance risk. Cybercrimin...

The Next Frontier: Overcoming Crime and Corruption in Post-Sanctions States

Post-sanctions economic recovery requires a roadmap, new partners, and new practices that can displace, prosecute, and deter corruption that flourished under sanctions. The post Th...

UK FCA Market Watch 85—market conduct and transaction reporting issues

The UK Financial Conduct Authority (FCA) has published Market Watch 85, setting out how the information‑sharing provisions in the Economic Crime and Corporate Transparency Act 2023...

Police probe potential Russian sanctions breach

Figures show the public made 43 reports to police while around 320 reports have come in from the 5000 companies and organisations that are "duty holders".

FCA Sanctions Review Puts Control Evidence at Centre of Screening Debate

The FCA’s latest sanctions review raises the bar for firms to prove that screening systems, data feeds, alert workflows and vendor arrangements work under live sanctions conditions...

FDIC Proposes AML and Sanctions Standards for Stablecoin Issuers

On May 22, the FDIC approved a proposed rule establishing Bank Secrecy Act (BSA) and sanctions compliance standards for certain FDIC-supervised permitted payment stablecoin issuers...

Financial Crime: Community Strength and the Need for a Cultural Upgrade

In the lead up to NextGen Nordics, Alessio Castelli, Head of Marketing and Sales, CBI spoke to FinextraTV to discuss financial crime prevention. Describing the need to maintain cus...

FCA publishes findings in relation to firms’ customer due diligence processes and controls

On 8 April 2026, the Financial Conduct Authority (FCA) published a summary of its main findings in relation to firms’ customer due diligence processes and controls, the good and po...

Money Mule Accounts: From Recruitment to Detection (Achraf El Ouali)

The Infrastructure Problem Financial crime does not fail because criminals are careless. It fails be...

FinCEN Overhauls AML and CFT Rules with a New Effectiveness Standard

Published April 7, 2026, FinCEN’s latest Notice of Proposed Rulemaking (NPRM) is a sweeping overhaul of anti-money laundering (AML) and countering the financing of terrorism (CFT)...

Sponsor's message: [NextGen FinCrime Webinar] Rethinking Fraud: Where Regulation, Technology and Criminal Behaviour are...

[NextGen FinCrime Webinar] Rethinking Fraud: Where Regulation, Technology and Criminal Behaviour are heading

FDIC Proposes AML and Sanctions Rule for Permitted Stablecoin Issuers

On May 22, 2026, the Federal Deposit Insurance Corporation (FDIC) released proposed rules to implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to FDIC-...

Federal Banking Agencies and FinCEN Hit Reset on AML/CFT: Implications for Financial Institutions

Risk-based resource allocation becomes the regulatory standard. Both the Office of the Comptroller of the Currency (OCC), jointly with the Federal Deposit Insurance Corporation (FD...

Treasury and FinCEN Announce Heightened Focus on Healthcare Fraud

The Headline. The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has joined other federal law enforcement agencies in placing a “whole-of-government”...

Sanctions Screening False Positives Are A Data Problem, Not An Algorithm One (Victor Mendez)

Every sanctions team I speak to quotes a false-positive rate above 95 per cent as if it were weather...