Regulatory Enforcement

MAHAMA DEEPFAKE CRYPTO SCAM: GHANA REGULATORS SOUND ALARM AS AI BECOMES A FRAUD WEAPON

Ghana’s financial regulators have sounded a fresh alarm over the weaponisation...

CAPITAL ONE’S TRUMP AML FILES UNDER PRESSURE: SENATOR DEMANDS EVIDENCE BEHIND 300 ACCOUNT CLOSURES

Capital One is facing fresh scrutiny over its decision to close hundreds of...

Citibank Hit with £4.7M Russian Sanctions as 970 Payments Slip Through Controls

Citibank’s London branch has been fined £4.7 million by the UK’s Office of...

US DOJ UNLEASHES FRAUD CRACKDOWN: GLOBAL TRADE, CORPORATES AND SUPPLY CHAINS IN THE CROSSHAIRS

The Fraud Division was launched in August as part of a broader DOJ effort to...

CBN CRACKS DOWN ON BANK FRAUD: TIER 1 BANKS GIVEN 30 MINUTES TO CONTAIN DIGITAL THEFT

Nigeria’s banking sector is facing a new fraud response deadline as the Central...

EFCC Turns Enforcement Inward, Sacks 40 Staff Over Corruption and Financial Misconduct

Nigeria’s Economic and Financial Crimes Commission is turning its...

Kalshi Bans George Santos for Life and Hits Him With $71,356 Penalty Over Insider Trading

Prediction market platform Kalshi has permanently banned former US Congressman...

FORMER MALAYSIAN PM CHARGED OVER MILLIONS IN UNDECLARED ASSETS

FORMER MALAYSIAN PM CHARGED OVER MILLIONS IN UNDECLARED ASSETS  Malaysia’s...

EFCC TIGHTENS NET ON SYLVA: WANTED EX GOVERNOR ORDERED TO FACE $14.86M FRAUD...

The Big Story- BANK FINES EXPLODE: $3.65BN WARNING HITS AFRICA’S COMPLIANCE FRONT LINE

Global AML, KYC and sanctions penalties may be falling, but regulators are...