Regulatory Enforcement

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...

SEC Fines Simplify $400,000 Over ETF Transaction Failures, Reinforcing Expectations Around Trade Compliance

The enforcement action shows that operational lapses in fund trading can...

Private Equity Founder Pleads Guilty in $50 Million Ponzi Scheme, Renewing Focus on Investment Compliance

The case underscores the importance of investor due diligence, governance, and...

Why the EU AI Act Is Fast Becoming a Global Compliance Standard, Even for Companies Outside Europe

Europe’s landmark AI law is reshaping corporate governance far beyond the EU,...

Giles Thomson Takes the FATF Helm as the Fight Against Financial Crime Enters a New Phase

The incoming FATF President inherits a global system under pressure from fraud,...