Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Banking, Compliance, Crypto, EU/Europe, Sanctions

LATEST: Russia’s biggest bank launches crypto DeFi platform ‘to circumvent Western sanctions; raises new money laundering risk’

Premium February 3, 2023

DeFi: The logo of Russia's lender Sberbank is seen at the trading floor of its headquarters in Moscow, Russia.

Premium

LATEST: Swiss prosecutor appeals UBS acquittal in Credit Suisse money laundering case

INSIGHT: Read Bruna Szego’s full Keynote Address to EAFCS2025 as she outlines her vision for AMLA

 Premium

NEWS: Stablecoin bill fails to clear key hurdle in US Senate

RUSSIA’S largest lender, the sanctioned bank Sberbank, plans to launch a decentralised finance (DeFi) platform within the next few months.

Observers see the move by the bank, reported by Interfax Russian news agency, as an attempt to circumvent sanctions and provide foreign currency for crippled Kremlin backed industry.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Premium

LATEST: Swiss prosecutor appeals UBS acquittal in Credit Suisse money laundering case

INSIGHT: Read Bruna Szego’s full Keynote Address to EAFCS2025 as she outlines her vision for AMLA

 Premium

NEWS: Stablecoin bill fails to clear key hurdle in US Senate

Regulatory Watch News

  • Update to the UK Sanctions List: Russia Regime

    UK Government

    Today, 9 May, the UK Government has sanctioned 101 ships, 5 individuals, and 4 entities under the Russia sanctions regime. This is the UK's largest package targeting Russia’s shadow fleet and its enablers.

  • Bruna Szego addresses the public for AMLA in Dublin

    AMLA

    At the European Anti-Financial Crime Summit in Dublin, Ms. Bruna Szego, the inaugural Chair of the European Anti-Money Laundering Authority (AMLA), delivered a keynote speech, to an audience of public and private sector stakeholders, highlighting the Authority’s strategic priorities and the urgent need for unified, cross-sector action against financial crime. Ms. Szego underscored the transformative potential of AMLA, describing it as "a significant step ushering in a new chapter of enhanced cooperation and unified action in our shared mission to counter money laundering and terrorism financing."

  • Charge upgraded for WA man allegedly involved in cross-border $1.69 million cash and tobacco trafficking

      The AFP has upgraded a charge against a West Australian man scheduled to appear in Perth Magistrates Court today (9 May, 2025) over his alleged role in an illicit tobacco smuggling syndicate. The AFP initially charged the Baldivis man, 26, on 28 March, 2025, with proceeds of crime and illicit tobacco offences after seizing bundles of cash that were concealed in microwave ovens waiting to be shipped to Melbourne, as well as thousands of illicit tobacco products.

Sign Up To Our Newsletter

Name
Organisation
Email
Newsletters
Areas of Interest

Contact Us

Name *
Email *
Comment or Message *