Garantex, a digital asset exchange active since 2019, was taken offline through a coordinated enforcement action

In April 2025, Revolut was fined €3.5 million by the Lithuanian Central Bank, a clear example of how an AML fine in fintech can expose...

OKCoin Europe received more than €1M in penalties for AML failures. Learn why and the lessons learned

Understanding Online Child Sexual Exploitation - FATF Report

This article is based on UNODC Report: Casinos, Money Laundering, Underground Banking and Transnational Organized Crime in East and...

Fowler Oldfield was a commercial customer of NatWest with a banking relationship that lasted from 2011 to 2016

Key Outcomes from the February 2025 FATF Plenary

The real estate sector is a prime target for money launderers. Why? Because it allows them to move large amounts of money while...

Money laundering risks in online gambling and gaming

Bernie Madoff - Learn how the greatest Ponzi scheme worked and why people missed the red flags

The 5 largest AML penalties of 2024

AML investigations are essential to help a regulated entity differentiate between a transaction that is legitimate and a transaction that...

The risk-based approach is the opposite of one-size-fits-all approach

A quick guide to build an AML program

Customer Due Diligence: How Bad Actors Exploit The Gaps

If you think crypto is anonymous, think again. In November 2024, Ilya Lichtenstein was convicted for the 2016 Bitfinex hack, where he...

The Russian Laundromat was a cleverly-designed money laundering scheme.

Privacy coins are cryptocurrencies designed to protect user anonymity. Some popular examples are Monero and ZCash. Unlike Bitcoin, where...

Know Your Customer (KYC) and Customer Due Diligence (CDD) are two terms that usually go together. How do people approach these two concepts?

Metro Bank Penalty