In today’s regulatory environment, compliance functions operate under constant pressure. New laws, updated guidance, enforcement actions, thematic reviews, and technological expectations continue to evolve—often simultaneously....
South Africa’s Prudential Authority sanctions Discovery Bank following AML/CFT compliance breaches The South African Prudential Authority (PA) has imposed an administrative penalty of R3 million...
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has taken a major step toward shaping the future of Europe’s financial ecosystem.On 31 October...
The United Arab Emirates (UAE) has announced sweeping updates to its Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) legislation — marking one of the most significant...
In early November 2025, Germany’s financial regulator, BaFin, imposed a €45 million fine on JPMorgan Chase Bank’s Frankfurt branch for systematically delaying suspicious activity reports...
The UK government has announced a significant change to its anti-money laundering (AML) and counter-terrorist financing (CTF) supervision framework — one that could reshape how...
Introduction In a significant move that underscores the fragility of financial institutions in volatile economic times, Republic First Bancorp was seized by the Federal Deposit...
Sam Bankman-Fried, once a celebrated figure in the cryptocurrency sector, faced a dramatic fall from grace, culminating in a 25-year prison sentence for orchestrating one...
Introduction In a landmark legal decision, a Russian court has ordered the seizure of $440 million from J.P. Morgan, marking a significant escalation in the...
Introduction Morgan Stanley’s wealth management division has come under scrutiny from multiple federal regulators, initiating an investigation that could have significant repercussions for the esteemed...
