Regulatory Enforcement

African Payment Sandboxes Face Stronger Compliance Controls as Regulators Target Illicit Financial Flows

Regional financial institutions and economic blocs across Africa are...

Travel Rule Automation Accelerates as FATF Members Strengthen Virtual Asset Compliance Controls

Financial regulators and virtual asset service providers (VASPs) across...

EU Tightens Energy Sanctions with New Refinery Transaction Bans and Expanded Oil Trade Restrictions

The European Union has strengthened its energy sanctions regime by introducing...

US Senate Report Criticises Deutsche Bank and Bank of America Over Delayed Reporting of Epstein-Linked Transactions

A report by the US Senate Committee on Finance has found that Deutsche Bank and...

UBS Hit with Record $125 Million FinCEN Penalty Over Repeat AML and Bank Secrecy Act Violations

UBS Financial Services Inc. (UBSFS) has been hit with a record $125 million...

Wall Street Bank’s Probe: US Senators launch probe into Epstein Accounts...

UBS’ $125 Million Wake-Up Call: When AML Controls Fail, Compliance Pays the Price

The record $125 million penalty imposed on UBS by the U.S. Treasury’s Financial...

Compliance Intelligence Brief- Nigerian Central Bank’s FX Review of 34 Banks Signals Heightened Enforcement and Compliance Expectations

Regulatory Summary The Central Bank of Nigeria’s (CBN) review of 34...

Why Safety Compliance Must Become Nigeria’s First Line of Defence

The Lagos State Government’s assertion that 98 per cent of accidents can be...

UK Gambling Watchdog’s £4.75 Million Settlement With Evolution Raises a Bigger Question About AML Controls in Online Gaming

The UK regulator stopped short of suspending Evolution’s licence, but the...