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Money Laundering

ESG Screening in 2026: Financial Institutions Navigate Climate, Governance, and Financial Crime Convergence

ESG April 30, 2026

U.S. Beneficial Ownership Reporting Remains Suspended for Domestic Entities Despite AML Concerns

April 30, 2026

As of April 2026, U.S. domestic companies remain exempt from mandatory beneficial ownership information (BOI) reporting to FinCEN under the Corporate Transparency Act (CTA), following the Trump administration's March 2025 interim final rule...

U.S. Attorney Adam L. Mildred Announces Indictment in Operation “Porterhouse Parlay” Alleging an Illegal Gambling Conspiracy, Extortion, and Money Laundering

April 30, 2026

On April 16, 2026, a federal grand jury in Hammond, Indiana, returned a 28-count indictment charging James L. Gerodemos a/k/a “Jimmy the Greek,” Dean Gialamos a/k/a “Dean Gem,” Chris L. Gerodemos, and nineteen...

Branson West Man Indicted for Illegal Transactions

April 28, 2026

David Vernon Lott, 69, of Branson West, Mo., was charged with twelve counts of money laundering in a now-unsealed federal indictment filed in U.S. District Court in Springfield, Missouri. Story from justice.gov

Money Laundering

ESG Screening in 2026: Financial Institutions Navigate Climate, Governance, and Financial Crime Convergence

ESG April 30, 2026

U.S. Beneficial Ownership Reporting Remains Suspended for Domestic Entities Despite AML Concerns

April 30, 2026

U.S. Attorney Adam L. Mildred Announces Indictment in Operation “Porterhouse Parlay” Alleging an Illegal Gambling Conspiracy, Extortion, and Money Laundering

April 30, 2026

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 March 31, 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 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 March 24, 2026

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 Screening in 2026: Financial Institutions Navigate Climate, Governance, and Financial Crime Convergence

ESG April 30, 2026

ESG screening has undergone a significant conceptual expansion in 2026: what began as a sustainability and reputational risk exercise is now formally integrated into AML, sanctions compliance, and financial crime risk management frameworks at leading financial institutions. The convergence reflects a structural recognition that environmental crime, governance failures, and financial crime are not parallel risks — they are frequently the same risk expressed through different channels. Climate-linked financial crime typologies now include illegal deforestation proceeds, illicit wildlife trade, illegal gold and artisanal mining laundering, and carbon credit fraud — all of which generate proceeds that enter the financial system through patterns that standard transaction monitoring may not capture without ESG-enriched...

Crypto

Scam Center Strike Force Takes Major Actions Against Southeast Asian Scam Centers Targeting Americans

April 23, 2026

Warrant to Seize Property Subject to Forfeiture by Telephone Jiang Wen Jie Criminal Complaint Huang Xingshan Criminal Complaint Application for a Warrant to Seize Property Subject to Forfeiture The Department of Justice, through U.S. Attorney Jeanine Ferris...

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