Pedestrians walk past the National Crime Agency headquarters in London
By Paul O’Donoghue, Senior Correspondent
The UK’s National Crime Agency faces being crippled due to a massive brain drain, a new report has warned.
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!
OFSI
On 18 December 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entry has been amended under the Russia financial sanctions regime and is still subject to an asset freeze and trust services sanctions:
The Danish Financial Supervisory Authority
The Danish Financial Supervisory Authority's semi-annual risk picture shows that international conflicts and hacker attacks, which can cause significant operational disruptions and threats to critical digital infrastructure, continue to pose a significant risk to financial companies and financial stability.
Europol
Europol has supported law enforcement authorities from six countries in taking down underground bankers who were moving and laundering the proceeds of large-scale drug trafficking and other serious crimes. Building on the findings from two major investigations, Operation GORGON and Operation WHITEWALL, this follow-up operation involved close collaboration between Europol’s experts in serious and organised crime and in financial investigations. It led to the arrest of nine suspects and the seizure of evidence (documents, mobile phones), valuables (gold, luxury goods), EUR 35 000 in cash and EUR 25 million in cryptocurrencies.
