NEWS: Chief Compliance Officer Dorthe Tolborg says Danske Bank will ‘never go back’ to looser AML controls

Regulatory Watch News

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  Update to the UK Sanctions List: Russia Regime

  UK Government

  May 9, 2025

  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.

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  Bruna Szego addresses the public for AMLA in Dublin

  AMLA

  May 9, 2025

  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."

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

  May 9, 2025

    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.