Tag: FATF

Trade-based money laundering (TBML) has become one of the most challenging threats facing the financial system, as illicit funds can be hidden behind legitimate...

Banks and financial institutions are increasingly facing scrutiny for blanket de-risking — a practice designed to mitigate exposure to financial crime but which often...

The FATF has rolled out major updates following its October 2025 Plenary, reshaping how financial institutions and regulated entities approach AML compliance. According to...

In August 2024, Singapore’s Parliament enacted the Anti-Money Laundering and Other Matters Act 2024, a pivotal step in tightening the city-state’s defences against financial...

Identifying UBOs remains one of the most complex challenges in CDD. These individuals, who ultimately control or benefit from a legal entity, must be...

When the FATF arrives in Canada later this year, the visit will serve as more than a routine policy check—it will act as a...

Luxury property across Africa has long been a magnet for illicit financial activity. From offshore residences used for tax evasion to the seizure of...

Stablecoin companies are facing unprecedented regulatory scrutiny as financial authorities around the world tighten anti-money laundering (AML) requirements. Regulators in jurisdictions such as Singapore, the...

Australia is entering a pivotal phase in its fight against financial crime with the introduction of Tranche 2 anti-money laundering (AML) reforms. These new...

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...