Tag: financial-crime
52 posts · financial-crime
The Bank of Mauritius issued its Guideline for Virtual Asset related Activities on 13 November 2024, under reference BOM/BSD 778. Much of it is prudential: classification of virtual assets into groups, capital add-ons, liquidity treatment. But the paragraphs…
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
Chapter 12 of the FSRA's Anti-Money Laundering and Sanctions Rulebook is short. It says who may hold the Money Laundering Reporting Officer role in Abu Dhabi Global Market, what the firm owes that person, what the person is answerable for, and what must reach…
An e-wallet issuer or a merchant acquirer in Qatar is not left to build its financial crime controls from first principles. The Qatar Central Bank's Payment Services Regulation takes the existing AML/CFT framework, applies it to every licensed payment service…
Between March and July 2026 the Saudi Central Bank (SAMA) issued circulars on one narrow question: where a financial institution should go to check who the beneficial owner of a customer is. Each circular names a different official body and a different type…
Ask two questions of a customer file. Who actually did the due diligence? And can the firm produce it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers the first in Article (20), in a Division…
General Notice No. 358 of 2026 was published in the Government Gazette of Mauritius on 4 April 2026. It is headed "HIGH RISK COUNTRY", it comes from the Ministry of Financial Services and Economic Planning, and it names the Democratic People's Republic of…
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
On 26 February 2026 the DFSA issued a Notice of Amendments to Legislation. Its Board had made the AML Rule-Making Instrument (No. 435) 2026 and the Glossary Module Rule-Making Instrument (No. 436) 2026, both to come into force on 2 March 2026. The DFSA's…
When a business line proposes putting a process on a blockchain, the first compliance question at a firm regulated by the Qatar Central Bank is not about the technology. It is whether the QCB has approved the application. The QCB's Distributed Ledger…
A working session with your compliance team, then a walkthrough against your own risk appetite: the lifecycle end to end, scoring weights set to your policy, and a review of the audit trail the system produces.
