Sanctions are among the strictest compliance requirements in global finance — and violations come at a heavy price. One major international bank headquartered in the UK learned this…
In 2025, a Lithuania-registered challenger bank — let’s call it EuroPay Digital Bank — was fined €3.5 million by its home regulator for serious AML/KYC control weaknesses.
What…
Sanctions apply to all professional services, not just banks. In 2025, a well-known international law firm faced enforcement action after it processed payments to sanctioned Russian banks while…
For years, offshore financial centres have been painted with the same brush — tax evasion, secrecy, and money laundering. But in 2025, the reality is more complex. …
The red flags of future look very different from the cash structuring and fake invoices we used to chase. Today’s risks are shaped by AI, instant payments, fintech growth,…
From Van Gogh to vintage whisky — luxury isn’t always innocent. Criminal networks are increasingly exploiting art, high-end watches, jewellery, and rare wines as vehicles for money laundering. Why?…
