The Central Bank (CBUAE) on Monday imposed a fine of Dh5 million on a bank operating in the UAE for violating anti-money laundering laws and for funding illegal organisations. The financial sanction was imposed according to articles 89 and 137 of the Federal Decree Law No. (14) of 2018 regarding the Central Bank.....

Danske Bank, Denmark’s largest, has agreed to pay 6.3 million euros ($7 million) to end legal pursuits in France linked to alleged money laundering in its Estonian subsidiary that resulted in heavy US penalties. The fine was agreed on August 27 with France’s national financial crime prosecutors and validated by a court Wednesday. 

The Brazilian Federal Police recently launched a significant crackdown on money laundering activities involving cryptocurrencies. 

This operation, dubbed Niflheim, represents a concerted effort by authorities to combat the escalating use of cryptocurrencies in illicit financial activities.

German authorities shut down dozens of crypto platforms they say were connected to the illicit movement of assets. The exchanges weren't properly tracking their customers' activity, according to the Federal Criminal Police Office. The German Attorney General's Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police.....

The Financial Action Task Force (FATF) has released its mutual evaluation report on India’s efforts to combat terror financing and enhance its anti-money laundering (AML) framework. Following the evaluation, India has been placed in the “regular follow-up” category, reflecting both progress and the need for ongoing improvement.