Swiss Lawmakers Kneecap, Then Approve, AML Bill for Lawyers www.moneylaundering.com/news/swiss-l... ($) Below: The antechamber of the National Council by the Swiss Parliament. lnkd.in/drph-Nk

The U.S. Treasury Department will soon take steps to help not only financial institutions, but also the agencies that regulate them, understand which obligations come into play when they flag, or choose not to flag, transactions as potentially illicit. www.moneylaundering.com/news/us-offi...

For Banks, VerifTools Case Brings Cautionary Tale www.moneylaundering.com/news/for-ban... ($)

New, high-level guidance on managing the illicit finance-related risks of stablecoins will encourage mainstream banks to engage with the companies that issue them, analysts told ACAMS moneylaundering.com. www.moneylaundering.com/news/vet-sta... ($)

FinCEN Pledges to Empty, Erase Beneficial Ownership Database www.moneylaundering.com/news/fincen-... ($)

FinCEN Expands Southwest Border GTO, Raises Reporting Threshold www.moneylaundering.com/news/fincen-... ($)

Most Trump Stablecoins Bought, Sold Offshore, Raising Concerns www.moneylaundering.com/news/most-tr... ($)

Weekly Roundup: Rubio Blacklists Palestinian Groups, US Bill Guts IRS-CI, and More www.moneylaundering.com/news/weekly-... ($)

Buying Rival Without Approval Costs Baltic Fintech www.moneylaundering.com/news/buying-... ($) #Paysera #AML Below: Bank of Lithuania by Pofka. creativecommons.org/licenses/by-...

Amid Local Financial-Intelligence Overhaul, Netherlands Looks to Frankfurt www.moneylaundering.com/news/amid-lo... ($) Below: The Hague by Zairon. creativecommons.org/licenses/by-...

A congressional panel approved an additional $3.7 million for the Office of Terrorism and Financial Intelligence for fiscal year 2026 on Wednesday but proposed to trim the Financial Crimes Enforcement Network’s budget by $10 million. www.moneylaundering.com/news/house-l... ($)

Midweek Roundup: OKX Fined, Deripaska Case Reopened, and More www.moneylaundering.com/news/midweek... ($)

Weekly Roundup: Ex-FIU Chief Jailed, FinCEN Flags Money Mules, and More www.moneylaundering.com/news/weekly-... ($)

The difficulty of striking a balancing between individual privacy and financial crime prevention in the EU has yet to abate. www.moneylaundering.com/news/digital... ($) Pic by shankar s.https://creativecommons.org/licenses/by/2.0/deed.en

The U.S. Treasury Department must ensure that the financial services industry’s deployment of AI against money launderers & terrorist financiers aligns with the Commerce Department’s standards for using the technology, attorneys & other commenters advised. www.moneylaundering.com/news/regtech... ($)

DeFi Off Hook for Unlicensed Money Transmission www.moneylaundering.com/news/defi-of... ($)

1MDB Saga Costs JPMorgan’s Swiss Branch www.moneylaundering.com/news/1mdb-sa... ($) Below: The Federal Palace of Switzerland by Mike Lehmann. creativecommons.org/licenses/by-...

UNRWA Lawsuit, US Policy Shift Could Make Previously ‘Safe’ Clients Unbankable www.moneylaundering.com/news/unrwa-l... ($)

A surge in cash deposits by members of the local Vietnamese diaspora and a rise in incoming wires from Vietnam require enhanced scrutiny, Czech officials have warned. www.moneylaundering.com/news/czech-r... ($)

AML Bills on Deck in Senate After Summer Recess www.moneylaundering.com/news/aml-bil... ($)

Weekly Roundup: Trump EO Targets Banks, Iraqi Lender Draws Fire, and More www.moneylaundering.com/news/weekly-... ($)

Egmont Group Chair Discusses FIU Independence, Emerging Threats www.moneylaundering.com/news/egmont-... ($)

Take Trump’s De-Banking Threats Seriously, Former Regulators Advise www.moneylaundering.com/news/take-tr... ($)

Midweek Roundup: New York Sues Zelle Operator, EU Regulators Criticized, and More www.moneylaundering.com/news/midweek... ($)

With new leaders installed at banking agencies and key offices of the Treasury Department, the White House stands poised to fully implement a more risk-based, technology-centric approach to AML supervision, analysts told @acamsmldc.bsky.social. www.moneylaundering.com/news/trump-a... ($)

National regulators in the EU see clear benefits in using artificial intelligence and other new technologies in anti-money laundering related supervision but seem only “moderately prepared” to fully integrate them, the European Banking Authority has found. www.moneylaundering.com/news/europea... ($)

Paxos Penalty Raises Stakes for Other Binance Partners www.moneylaundering.com/news/paxos-p... ($) Below: Binance logo by Nikhilesh De/CoinDesk. creativecommons.org/licenses/by/...

Financial Crime Matters: NGO Leader Discusses Anti-Corruption Campaign Learn more in front of the paywall: www.moneylaundering.com/news/financi...

Britain’s New Sanctions Against Human Smugglers Spark Debate www.moneylaundering.com/news/britain... ($) Below: U.K. Foreign & Commonwealth Office. lnkd.in/ePbjvAKJ

Banks Uniquely Positioned to Detect Child-Identity Theft, Victims Say www.moneylaundering.com/news/banks-u... ($)

Cryptocurrency ATMs of unknown origin have sprouted up in gas stations, ma-and-pa stores and other sites across Mexico over the past year, giving cartels a new, viable path to access the financial system, investigators told ACAMS moneylaundering.com. www.moneylaundering.com/news/mystery... ($)

With New AML Law in Place, Heavy Lift Begins in Mexico www.moneylaundering.com/news/with-ne... ($) Below: The Legislative Palace of San Lázaro by ProtoplasmaKid. creativecommons.org/licenses/by-...

Spotlight falls on 'Amazon for criminals,' Eurochem lawsuit dismissed, and more, in the weekly roundup. www.moneylaundering.com/news/weekly-... ($)

Ex-FinCEN Chief Discusses AI, Investigative Trends and Tech Sprints www.moneylaundering.com/news/ex-finc... ($)

HSBC Private Bank in Geneva is the target of parallel investigations in Switzerland and France after allegedly playing a pivotal role in laundering $330 million embezzled from Banque du Liban. www.moneylaundering.com/news/swiss-f... ($) Below: HSBC in Geneva by Manuel Schmalstieg.

Banks and other financial services companies must acquire not only “new technologies,” but also “specialized expertise,” to address a surge in artificial intelligence-powered fraud and money-laundering schemes, the European Banking Authority warned. www.moneylaundering.com/news/ai-driv... ($)

EU Nations Pool Resources Against Crypto-enabled Illicit Finance www.moneylaundering.com/news/eu-nati... ($) Below: Banque de France by Jerome Bon. creativecommons.org/licenses/by/...

Barclays continued treating a British socialite's company as "low risk" after learning that its largest commercial partner was under criminal investigation. www.moneylaundering.com/news/barclay... ($) Below: James Stunt by Khocon2011. creativecommons.org/licenses/by-...

BREAKING: The U.K. Financial Conduct Authority disclosed £42 million in penalties Wednesday against Barclays for failing to properly vet two corporate customers, including a firm tied to a £200 million money laundering scheme. www.moneylaundering.com/news/uk-regu...

A pilot program through which NatWest, Lloyds, Metro Bank, Santander, TSB, Barclays and Starling Bank share and jointly review information on potentially illicit transactions with Britain’s National Crime Agency and each other will soon be made permanent. www.moneylaundering.com/news/britain... ($)

Weekly Roundup: Mexican Banks Given Reprieve, Wells Fargo Banker Charged, and More www.moneylaundering.com/news/weekly-... ($)

More than a dozen U.S. states have mandated anti-fraud controls on cryptocurrency ATMs. www.moneylaundering.com/news/amid-fe... ($) Below: Rhode Islands Governor Daniel McKee by Kenneth C. Zirkel. creativecommons.org/licenses/by/...

After Nearly 2 Years of Wrangling, EU Lawmakers Endorse AML Watchlist Plan www.moneylaundering.com/news/after-n... ($) Below: The European Parliament by Wikipedia Commons. lnkd.in/dhMf4JM

Gaps in Monzo Bank’s onboarding and vetting policies allowed customers to list Buckingham Palace and other “obviously implausible,” well-known locations in London as their addresses when opening accounts, the Financial Conduct Authority disclosed Tuesday. www.moneylaundering.com/news/priorit... ($)

To End Standoff Over AML Watchlist, EU Officials Consider Adding Russia www.moneylaundering.com/news/to-end-... Below: Russian President Vladimir Putin from www.kremlin.ru. lnkd.in/gSGghecW

BREAKING: The U.K. Financial Conduct Authority on Tuesday disclosed a £21 million penalty against Monzo Bank, saying the digital lender maintained lax #AML controls and repeatedly breached a business restriction imposed by the regulator. Read more: www.moneylaundering.com/news/britain...

Reverse Mergers Forego AML Disclosures, Avoid Regulatory Scrutiny www.moneylaundering.com/news/reverse... ($) Below: Justin Sun, founder of Tron, by the World Trade Organization. lnkd.in/dsjK4UK

Money laundering networks embedded in labor-intensive sectors in the Netherlands that rely on undeclared workers expanded their operations in 2024 and, in some cases, helped overseas terrorists move funds and buy weapons. www.moneylaundering.com/news/netherl... ($)

French Panel Wants Anonymous Prepaid Cards Scrapped www.moneylaundering.com/news/french-... ($) Below: The Sénat by Romain Vincens. lnkd.in/dhMf4JM

BREAKING NEWS: UK Crime Agency Warns Banks Over Network Tied to Russian ‘Shadow Fleet’ Read in front of the paywall: www.moneylaundering.com/news/uk-crim... Below: Igor Sechin, chief executive of Rosneft, by Prensa Miraflores Licence: lnkd.in/dsfzR-Qf