The Financial Action Task Force (FATF) has issued a stark warning that criminals are exploiting regulatory gaps in the cryptocurrency industry to move billions of dollars in illicit proceeds, urging nations to strengthen international cooperation and enforcement. In its latest re

The FCA has decided to ban a father and son from UK financial services after the High Court found that they had engaged in fraud and misused client money.

The Bank of England (the Bank), the Prudential Regulation Authority (PRA) and the FCA will start overseeing the first critical third parties (CTPs) on Monday 13 July 2026, following designation by the Treasury.

PayPal logo is seen in this illustration taken July 15, 2026. REUTERS/Dado Ruvic/Illustration PayPal and Stripe logos are seen in this illustration taken July 15, 2026. REUTERS/Dado Ruvic/Illustration 15 Jul 2026 11:25AM (Updated: 16 Jul 2026 04:20AM) Bookmark Bookmark Share W...

The US Federal Reserve has proposed a rule requiring supervised banks to develop and establish risk assessment processes directing more attention and resources toward higher-risk customers and activities.

The cornerstone of Czech crypto regulation is the Digitalization of the Financial Markets Act (also known as the Digital Finance Act), unanimously passed by parliament in December 2024 and signed into law by President Petr Pavel in February 2025. This domestic legislation work...

In its latest targeted review on virtual assets and illicit finance, the Paris-based intergovernmental body said crypto-enabled crime has become more “complex and interconnected” over the past year, posing significant and ongoing challenges for regulators, financial institutio...

According to a DOJ statement covered by financial news outlets, both individuals were based in New York and worked at TD Bank before their alleged conduct came to light. One former employee received a 46‑month prison term for enabling a money laundering network to move million...