FinCrime Frequency – Smoke on the Sea: How Oil and Obfuscation Fueled Sanctions Evasion
The Backdoor Route to North Korea’s Fuel In one of the most audacious maritime sanctions evasion cases in recent history, …
FinCrime Frequency – The 1MDB Scandal & the Power of Aliases: A $4.5B Lesson in Global Compliance Failures
When fake names, shell companies, and weak oversight collide… The 1MDB scandal wasn’t just another corruption case—it was a $4.5 …
FinCrime Frequency – When a Global Bank Paid Over $1 Billion for Sanctions Breaches
Sanctions are among the strictest compliance requirements in global finance — and violations come at a heavy price. One major …
FinCrime Frequency – When a Fast-Growing European Digital Bank Was Fined €3.5M for AML/KYC Failures
In 2025, a Lithuania-registered challenger bank — let’s call it EuroPay Digital Bank — was fined €3.5 million by its …
FinCrime Frequency – When a Famous Global Law Firm Paid £465,000 for Sanctions Breaches
Sanctions apply to all professional services, not just banks. In 2025, a well-known international law firm faced enforcement action after …
Offshore = Risk? Or is it time to update the narrative?
For years, offshore financial centres have been painted with the same brush — tax evasion, secrecy, and money laundering. But …
Financial crime isn’t standing still and neither can compliance.
The red flags of future look very different from the cash structuring and fake invoices we used to chase. Today’s …
Laudering Through Luxury Goods: Arts, Watches and Wine
From Van Gogh to vintage whisky — luxury isn’t always innocent. Criminal networks are increasingly exploiting art, high-end watches, jewellery, and …
The Freeport Loophole: CDD Beyond Banks
Introduction When most people hear “Customer Due Diligence (CDD),” they picture banks collecting IDs, verifying beneficial owners, and screening against …
Continuous KYC (cKYC): Dream or Data Honeypot?
The Promise of Continuous KYC For years, financial institutions have treated KYC (Know Your Customer) as a one-off onboarding ritual. Collect documents, …
How to Write a Strong Suspicious Transaction Report (STR) That Investigators Can Actually Use
Why STRs Matter More Than Ever A Suspicious Transaction Report (STR) is one of the most powerful tools in the …
The Hidden Future of AML: Why Transaction Monitoring Alone Won’t Save Us
For years, transaction monitoring has been the backbone of AML programs. Every suspicious deposit, unusual wire, or odd transfer triggers …
Europol – Internet Organised Crime Threat Assessment (IOCTA) 2025
0n 12th June 2025, Europol published IOCTA 2025. The theme of the publication (as evident from the title of publication …
Massive cybercrime racket busted in Surat: Rs 1,455 crore laundered through 90 bank accounts; accounts tied to Cuba, Malaysia, Thailand
Indian private sector banks like RBL, Axis, Yes, KMBL found to be linked to cyber fraud investigation A major cybercrime …
Project Hertha – Joint Project by BIS and BOE on Transaction Analytics in PSP space.
Amazing free time read. https://www.linkedin.com/posts/sachin-shah-cams-74b50012_bis-project-hertha-on-transaction-analytics-activity-7340227059832500224-NdfF?utm_source=share&utm_medium=member_ios&rcm=ACoAAAKQ4CsBjAoqw_FF4JiK-e-J8n7a_V6azW8