Reported by Reuters (Excerpt shared below. For full report, go to: https://www.reuters.com/sustainability/swedens-fsa-investigate-whether-swedbank-complied-with-money-laundering-2026-02-20/)  Sweden’s financial regulator said on Friday it will investigate whether Swedbank’s customer checks were sufficient to meet the country’s anti-money-laundering rules, in a fresh setback for the banking group following the end of a U.S. probe. The investigation will cover the period from […]

Reported by FinCEN A new federal reporting rule from the Financial Crimes Enforcement Network (FinCEN) will take effect March 1, 2026, expanding national anti-money-laundering obligations into the U.S. residential real estate market. FinCEN has published a detailed set of Frequently Asked Questions (FAQs) to help stakeholders understand the Beneficial Ownership Information (BOI) Reporting Rule, which […]

Reported by FinCEN The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order granting exceptive relief to covered financial institutions from certain requirements under FinCEN’s Customer Due Diligence Requirements for Financial Institutions rule (the “2016 CDD Rule”). The order excepts covered financial institutions from the requirement to identify and verify the beneficial owners […]

Reported by the U.S. Department of the Treasury The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today launched a new dedicated webpage to confidentially accept whistleblower tips on fraud, money laundering, and sanctions violations. While in Minnesota last month in support of President Trump’s efforts to stop the rampant government benefits fraud schemes, which […]

Reported by DutchNews (Excerpt shared below. To read full report, go to: https://www.dutchnews.nl/2026/02/louis-vuittons-dutch-arm-fined-e500000-over-money-laundering/) The Dutch branch of French fashion house Louis Vuitton has agreed to pay a €500,000 fine for failing to do enough to prevent large-scale money laundering at its stores and avoid a trial, the public prosecution service said on Thursday. The department said last […]

Reported by Holland Knight (Summary shared below. To read full report, go to: https://www.hklaw.com/en/insights/publications/2026/02/recent-fincen-actions-signal-trump-administrations-focus) Recent actions by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) signal that anti-money-laundering (AML) enforcement remains a priority under the Trump Administration, with heightened scrutiny expected to continue through 2026. FinCEN has launched a sweeping, data-driven operation targeting more than […]

Reported by Sander Lutz (Excerpt shared below. To read full report, go to: https://finance.yahoo.com/news/bitcoin-exchange-paxful-must-pay-200432159.html) Paxful, the peer-to-peer Bitcoin exchange that closed in 2023, was sentenced this week by a federal court to pay $4 million in fines after pleading guilty to multiple criminal charges. The company reached a plea agreement with the Department of Justice and […]

Reported by Eurojust (Excerpt shared below. To read full report, go to: https://www.eurojust.europa.eu/news/action-against-eur-306-million-money-laundering-network) Following investigations into a criminal group suspected of laundering at least EUR 306 million of illicit profits from drug trafficking and other crimes, 13 people have been arrested in France and Romania. Investigations coordinated through a joint investigation team at Eurojust revealed […]

Reported by Brooke Singman (Excerpt shared below. To read full report, go to: https://www.foxnews.com/politics/bipartisan-senate-bill-targets-money-laundering-linked-drug-trafficking-terrorism.amp) Senate Judiciary Committee Chairman Chuck Grassley and Sen. Amy Klobuchar introduced a bipartisan measure to crack down on money laundering by increasing penalties and ensuring laws apply to systems used by drug traffickersand terrorists. Grassley, R-Iowa, and Klobuchar, D-Minn., introduced the “Combating Money Laundering, […]

Reported by Associated Press (Except shared below. To read full report, go to: https://www.borderreport.com/regions/mexico/doj-steps-up-pressure-on-cartels-financial-networks-as-launderers-turn-to-crypto/amp/) The Justice Department is taking direct aim at the financial lifelines of Mexico’s most violent drug cartels, targeting money brokers who prosecutors say have adapted to intensified enforcement by increasingly routing drug profits through cryptocurrency from American cities to cartel leaders in Mexico. […]