Tag: Financial Action Task Force

CDD and KYC obligations have become foundational components of compliance for lawyers, accountants, real estate agents and TCSPs. Often referred to as “gatekeeper professions”, these...

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...

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...

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 UK’s approach to financial crime regulation is undergoing a fundamental shift in 2025, moving away from a reactive, volume-driven compliance model towards one...

Financial crime regulation in Southeast Asia and Australia is becoming stricter, with regulators introducing clearer frameworks and stronger enforcement. Authorities are responding to threats...

The COVID-19 pandemic reshaped financial crime in profound ways, exposing weaknesses in global anti-money laundering (AML) and counter-terrorism financing (CTF) systems. Criminals adapted quickly...

Terrorism financing remains a critical security threat, with fragile and conflict-affected states among the most at risk. Weak governance, porous borders, and limited enforcement...