It has been little more than a month since United States President Donald Trump pardoned Changpeng Zhao, the former chief executive of Binance. Zhao, better known as CZ, had pleaded guilty in 2023 to enabling money laundering through the world’s largest cryptocurrency exchange. He served four months in prison, paid a substantial fine, and agreed to step down as CEO. The case was described by the US Department of Justice as a landmark in crypto enforcement. Yet, during an int

The term narco-terrorism, once an academic and counter-terrorism buzzword, has entered the mainstream of United States criminal justice and political discourse. Its resurgence is not coincidental. On 13 May 2025, the Department of Justice (DoJ) unsealed a sweeping indictment against multiple leaders of the Sinaloa Cartel , charging them with narco-terrorism, material support of terrorism, and drug trafficking. This landmark case marks the first time such charges have been app

The European Banking Authority’s (EBA) response to the European Commission’s Call for Advice marks a pivotal step towards establishing the European Union’s new anti-money laundering and countering the financing of terrorism (AML/CFT) regime. Published on 30 October 2025, the EBA’s recommendations aim to ensure that the future Anti-Money Laundering Authority (AMLA) launches on a strong, risk-based foundation. At the heart of the EBA’s advice lies a clear intention to create a

The European Banking Authority (EBA) has published its fifth and final Report on the Functioning of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Colleges , finding that the framework has become an effective tool for improving information exchange and strengthening AML/CFT supervision across the European Union. However, the EBA noted that one of the key objectives of the system remains unfulfilled — the ability to address issues affecting multiple

For more than a decade, challenger banks have styled themselves as the antidote to a stagnant, fee-ridden and tech-deficient banking...

The European Banking Authority (EBA) has today released its annual Report on the convergence of supervisory practices for 2024 across the European Union. The Report highlights the EBA’s sustained efforts to strengthen supervisory alignment among Member States, covering prudential supervision, resolution, consumer protection, digital finance, and—until the end of 2025—anti-money laundering and countering the financing of terrorism (AML/CFT). This year’s Report marks the first

The European Banking Authority (EBA) has published a comprehensive report calling on supervisors across the EU to draw lessons from...

The Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs) requiring US title insurance...

The Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury has issued new guidance to clarify key elements of...

The European Banking Authority (EBA) has published a new Report revealing that supervisory oversight of anti-money laundering and...

The European Banking Authority (EBA) has published its 2026 Work Programme, setting out its strategic priorities and a detailed plan to...

The Financial Crimes Enforcement Network (FinCEN), part of the US Department of the Treasury, has announced plans to collect industry...