Tag: CFT

Cross-border payment service providers are facing heightened regulatory scrutiny following new anti-money laundering and counter-terrorist financing (AML/CFT) guidance issued jointly by Finansinspektionen and the...

Fraud no longer arrives as a single, obvious red flag. It travels through everyday payments, often disguised as legitimate activity, and that makes it...

A fragmented global landscape shaped by geopolitical rivalry, regulatory divergence, supply-chain realignment and weakening international cooperation is fundamentally changing how financial crime risk manifests. For...

In early 2025, industry experts predicted that adopting AI agents in AML and KYC operations would soon become standard practice. At the time, many banks...

In the world of AML and financial crime prevention, adverse media screening remains one of the most time-consuming yet crucial compliance functions. According to Workfusion,...

The U.S. Treasury Department has signalled sweeping changes to the country’s anti-money laundering and counter-terrorist financing (AML/CFT) regime, with a vision designed to prioritise...

The region’s regulatory landscape reflects both global pressures and local realities. With the FATF driving international standards, Middle Eastern countries are under scrutiny to...

The UAE’s removal from the FATF grey list represents a major turning point for regulated entities across the region. From Abu Dhabi to Dubai, and across zones like DIFC and ADGM, the move signals international recognition of the country's progress in strengthening its anti-money laundering and counter-terrorist financing (AML/CFT) frameworks. Yet, while the delisting is a milestone, it is far from the finish line.

The European Banking Authority (EBA) has published a new consultation outlining proposed Regulatory Technical Standards (RTS) to overhaul how anti-money laundering (AML) and counter-terrorism financing (CFT) are supervised across the EU. The proposed changes are intended to create consistency, clarity and stronger oversight across the bloc while informing the work of the new Anti-Money Laundering Authority (AMLA).

The Financial Action Task Force (FATF) has updated its list of monitored jurisdictions, adding Bolivia and the British Virgin Islands (BVI) to its grey list while removing Croatia, Mali and Tanzania.