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OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

On March 31, 2026, OFAC published a...

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Australia's financial intelligence authority AUSTRAC confirmed that...

PEMEX Bribery Plea and French CJIP Signal Active FCPA-Adjacent Enforcement in March 2026

March 2026 produced two notable anti-corruption enforcement...

Money Laundering

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Due Diligence
Australia's financial intelligence authority AUSTRAC confirmed that significant AML/CTF reform obligations took effect on March 31, 2026, introducing expanded requirements for the identification and enhanced due diligence of Politically Exposed Persons. The reforms, which update the AML/CTF Act and associated Rules, require reporting entities to...

AUSTRAC opens enrolment for new professions in next step for AML reforms

AUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions. From today, 31 March, businesses - including lawyers, accountants, conveyancers, real estate professionals, and dealers...

Revision of “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”

The FSA revised "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism" and "Frequently Asked Questions Regarding "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism""("FAQs"), in order to promote maintenance and...

Naples Man Pleads Guilty to $1.2 Million Fraud and Money Laundering Scheme Targeting Elderly Hurricane Ian Victim

Fort Myers, Florida – Luis Emilio Hernandez (45, Naples) today pleaded guilty to two counts of wire fraud and six counts of money laundering in connection with a scheme to defraud an elderly victim following Hurricane...

Money Laundering

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Due Diligence
Australia's financial intelligence authority AUSTRAC confirmed that significant AML/CTF reform obligations took effect on March 31, 2026, introducing expanded requirements for the identification and enhanced due diligence of Politically Exposed Persons. The reforms, which update the AML/CTF Act and associated Rules, require reporting entities to...

AUSTRAC opens enrolment for new professions in next step for AML reforms

AUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions. From today, 31 March, businesses - including lawyers, accountants, conveyancers, real estate professionals, and dealers...

Revision of “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”

The FSA revised "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism" and "Frequently Asked Questions Regarding "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism""("FAQs"), in order to promote maintenance and...

USA
Events: 10,500 events
Fines: USD290 Bn
Imprisonment: 1,245,000 months
Entities (including individuals and organizations): 17K

UK
Events: 1,750 events
Fines: USD18 Bn
Imprisonment: 150,000 months
Entities: (including individuals and organizations): 3K

India
Events: 510 events
Fines: USD45 Mn
Imprisonment: 3,800 months
Entities: (including individuals and organizations): 400

South Africa
Events: 120 events
Fines: USD32 Mn
Imprisonment: 20,090 months
Entities: (including individuals and organizations): 190

Screening

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Due Diligence
Australia's financial intelligence authority AUSTRAC confirmed that significant AML/CTF reform obligations took effect on March 31, 2026, introducing expanded requirements for the identification and enhanced due diligence of Politically Exposed Persons. The reforms, which...

AMLA’s First Public Hearing Sets Operational Expectations for KYC and Transaction Monitoring Across Europe

Due Diligence
AMLA's inaugural public hearing held on March 24, 2026 included the release of draft Regulatory Technical Standards that materially affect how all EU-obliged entities must implement Know Your Customer, Enhanced Due Diligence, and...

ESG

ESG Risk Becomes Core AML Exposure for MLROs as FCA Consultation Deadline Falls in March 2026

ESG
The UK's Financial Conduct Authority published Consultation Paper CP26/5 in January 2026, with a March 20, 2026 feedback deadline, proposing alignment of listed issuers' sustainability disclosures with international standards. For Money Laundering Reporting Officers, the convergence of ESG and AML obligations is no longer theoretical — regulators across the UK, EU, Netherlands, and Australia are treating inaccurate ESG disclosures as potential financial crime predicate conduct, capable of triggering fraud, misrepresentation, and AML investigations. In the EU, Germany's financial regulator BaFin has imposed a significant penalty on an asset manager for alleged greenwashing, while France's financial markets regulator has repeatedly identified misleading sustainability communications as an enforcement priority, having completed over 25...

Crypto

UK Sanctions Xinbi Marketplace and Cambodia Scam Compound Operator in Crypto Crime Crackdown

On March 26, 2026, the UK's Office of Financial Sanctions Implementation sanctioned Xinbi, a USD 19.7 billion illicit marketplace, along with the operator of #8 Park, identified as Cambodia's largest known scam compound....

Check out other categories:

abductionAI and Regulatory ReportingAI applicationsAI ethicsAI for Financial Crime InvestigationsAI in AMLai in aml (anti-money laundering)AI in Anti-Money LaunderingAI in customer service

Fraud, Bribery & Corruption

PEMEX Bribery Plea and French CJIP Signal Active FCPA-Adjacent Enforcement in March 2026

Fraud, Bribery & Corruption
March 2026 produced two notable anti-corruption enforcement developments that illustrate the shifting but still...

Arkansas Man Pleads Guilty to Insider Trading

An Arkansas man pleaded guilty today to securities fraud in connection with insider trading based on material, nonpublic information that he misappropriated from a senior executive at a publicly traded company headquartered in...

Regulations

Big 4 Corner

Sanctions

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

On March 31, 2026, OFAC published a landmark advisory titled 'Guidance on Sham Transactions and Sanctions Evasion,' fundamentally reframing...

Human Rights

Reporting Voluntary Self-Disclosures of Violations of National Security Laws Under the Department-wide Corporate Enforcement Policy

The mission of the Department of Justice’s National Security...

Employees and Inmates at Citrus County Detention Facility Charged with Bribery and Introduction of Contraband

Tampa, Florida – United States Attorney Gregory W. Kehoe announces...

Arms Dealer Pleads Guilty to Conspiring to Export American-Made Ammunition Used in War Against Ukraine

Today, Italian national Manfred Gruber pleaded guilty to conspiracy...

Texas Fugitive Apprehended and Sentenced to Over 12 Years in Prison for $61M Telemarketing Fraud Scheme Targeting Medicare Beneficiaries

A Texas man was sentenced Wednesday to 150 months...

AI / ML

Three Charged with Conspiring to Unlawfully Divert Cutting Edge U.S. Artificial Intelligence Technology to China

Today, an indictment was unsealed charging Yih-Shyan “Wally” Liaw,...

A better method for planning complex visual tasks

MIT researchers have developed a generative artificial intelligence-driven approach...

New MIT class uses anthropology to improve chatbots

Young adults growing up in the attention economy —...

A “ChatGPT for spreadsheets” helps solve difficult engineering challenges faster

Many engineering challenges come down to the same headache...

United Kingdom: FCA Launches Review on Future AI Approach

In brief On 27 January 2026 the Financial Conduct Authority...

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

On March 31, 2026, OFAC published a landmark advisory titled 'Guidance on Sham Transactions and Sanctions Evasion,' fundamentally reframing how financial institutions and corporates...

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Australia's financial intelligence authority AUSTRAC confirmed that significant AML/CTF reform obligations took effect on March 31, 2026, introducing expanded requirements for the identification and...

PEMEX Bribery Plea and French CJIP Signal Active FCPA-Adjacent Enforcement in March 2026

March 2026 produced two notable anti-corruption enforcement developments that illustrate the shifting but still active global bribery enforcement landscape. On March 16, 2026, the U.S....

AUSTRAC opens enrolment for new professions in next step for AML reforms

AUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions. From today, 31 March, businesses -...

Revision of “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”

The FSA revised "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism" and "Frequently Asked Questions Regarding "Guidelines for Anti-Money Laundering and Combating...

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