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 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…
When fake names, shell companies, and weak oversight collide…
The 1MDB scandal wasn’t just another corruption case—it was a $4.5 billion global wake-up call. What began as a…
The Backdoor Route to North Korea’s Fuel
In one of the most audacious maritime sanctions evasion cases in recent history, Singapore became the unsuspecting node in a covert…
The Promise of Continuous KYC
For years, financial institutions have treated KYC (Know Your Customer) as a one-off onboarding ritual. Collect documents, verify identity, assess risk — and move on.…
Introduction
When most people hear “Customer Due Diligence (CDD),” they picture banks collecting IDs, verifying beneficial owners, and screening against sanctions lists. But what if some of the most…
