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INSIGHT: Address of Eurogroup President Paschal Donohoe to the ‘European Anti-Financial Crime Summit 2023’

NEWS: 400 fincrime leaders meet in Dublin for ‘European AFC Summit 2023’ as city doubles down on bid to host new AML Authority (AMLA)

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NEWS: French regulator fines BMW Finance for weak dirty money controls

EXCLUSIVE: From Russia with gold: UAE cashes in as sanctions bite

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INSIGHT: Russia threatens India energy and weapons deals to avoid being placed on FATF ‘black list’ at June plenary meeting

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BREAKING: Lebanon set to be grey-listed by FATF, piling further pressure on strife-torn middle east country

NEWS: Watchdog proposes first set of global rules for crypto sector

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NEWS: US authorities raise ML concerns about Raiffeisen Bank’s plans to spin off Russian arm

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NEWS: Owner of Latvian bank accused of murder conspiracy in AK47 killing of lawyer who raised AML concerns with authorities

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ANALYSIS: The chicken and egg paradox of AML effectiveness – by ex FinCEN and CIA expert Elizabeth Bethoney

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NEWS: Britain’s National Crime Agency probing up to 100 lawyers suspected of helping traffickers secure asylum for people in UK – report

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LATEST: ‘Sneering’ remark on Europe’s new AML Authority (AMLA) by UK-based RUSI staffer raises eyebrows in Brussels

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Memorandum of Understanding between OFAC and the Swiss State Secretariat for Economic Affairs
OFAC
May 16, 2025
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has published its Memorandum of Understanding with Switzerland's State Secretariat for Economic Affairs (SECO).
Crime group used light aircraft to smuggle cocaine haul to UK
National Crime Agency
May 16, 2025
A qualified pilot used his light aircraft in a bid to smuggle cocaine into the UK. Pilot Anastasios Balian, 52, and accomplice Errol McCardo Weir, 48, admitted trying to bring 30kg of the Class A drug into the country, following a National Crime Agency investigation. On 20 March this year, they were stopped by Border Force officers at North Weald airfield in Epping, Essex, after landing from Belgium via Calais. Officers searched the small plane and discovered a concealment had been built into the rear seats. Inside it were 30 1kg blocks of cocaine with a street value of about £2.4m.
£2m fine for online operator Spreadex Limited
Gambling Commission
May 16, 2025
A gambling business will pay a £2,022,000 penalty after a Gambling Commission investigation revealed Anti-Money Laundering (AML) and social responsibility failings.
Spreadex Limited – which operates from Spreadex.com – will also have to undergo a third-party audit to ensure it is effectively implementing its anti-money laundering and safer gambling policies, procedures and controls. The failures were revealed during a compliance assessment in July 2023 and relate to the operator’s Gambling Commission licence to offer casino and fixed odds betting.