Anti-money-laundering and counter-terrorism financing reporting for obliged entities under EU and national AML frameworks. This section covers STR/SAR filing workflows (e.g. via GoAML), standardised AML/CFT data collection templates, and the EU-wide changes coming with the AML Regulation (AMLR), AML Directive (AMLD6), and the new Anti-Money-Laundering Authority (AMLA). Articles explain who reports, what data is collected, deadlines, and practical implementation issues – particularly for banks, payment institutions, fund administrators, VASPs, and other regulated firms. Sanctions screening and FATF analysis of high-risk areas (stablecoins, unhosted wallets) are covered in adjacent sections. Start with the AML reporting practical guide or the AMLR overview for the EU framework.
On 7 August 2026 the FCA published a statement confirming that it is applying increased scrutiny to Annex 1 firms, including unregulated lenders, safe custody providers, money brokers and financial leasing companies registered with it for anti-money laundering purposes. Alongside the statement, the regulator said it had sent an information request to around 900 Annex…
On 31 July 2026, SECO adjusted SESAM, the sanctions database that Swiss financial intermediaries screen against, to reflect a 30 July 2026 decision by the responsible UN Sanctions Committee that amended the list attached to the Taliban sanctions ordinance (SR 946.231.07). FINMA flagged the change in a supervisory notice on 4 August 2026. For a…
On 4 August 2026, Luxembourg published the Law of 22 July 2026 in Mémorial A No 412. It is a short instrument, two substantive articles, and it adds a power the Luxembourg AML law had not carried before: it lets the Cellule de renseignement financier (CRF), the country’s financial intelligence unit, push fraud-risk account numbers…
Authorised Swedish authorities may query one platform for account and safe-deposit-box information where the purposes and conditions in sections 3 or 3a are met. That platform is the konto- och värdefackssystem, the account and safe-deposit box system that Skatteverket has run since 2020 and that its own developer pages call Mekanismen. The obligation to feed…
Canada’s anti-money laundering regime draws one line for correspondent banking that leaves no room for a risk-based judgment call. Under subsection 9.4(2) of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, no person or entity may have a correspondent banking relationship with a shell bank. FINTRAC’s correspondent banking guidance explains the pre-entry, record-keeping…
On 17 June 2026, MONEYVAL published its third enhanced follow-up report on Bulgaria, and the headline is clear: Bulgaria is now rated compliant or largely compliant on all 40 FATF Recommendations, and no further reporting is required under MONEYVAL’s fifth-round evaluation. For anyone who runs country-risk models or approves correspondent relationships, the MONEYVAL Bulgaria AML…
A reloadable open-loop card that a customer can top up to $1,000 sits on top of a prepaid payment product account, and Canada’s financial intelligence unit gives that account the same anti-money-laundering weight as a chequing account. FINTRAC’s prepaid payment products guidance came into effect on 1 June 2021. Under the PCMLTFA and its regulations,…
A Canadian bank with a branch in Singapore falls within section 9.7; a life insurance company’s foreign subsidiary is covered only if it carries out similar activities and is wholly owned or consolidated with the company; and a securities dealer’s affiliated London entity can trigger section 9.8 if the statutory affiliation test is met. Canada’s…
On 26 June 2026 the Financial Action Task Force published a report on terrorist financing through social media, instant messaging applications and streaming platforms, and it lands with an uncomfortable number attached. Fewer than 30% of jurisdictions contributing to the FATF report said that this risk was covered in their national risk assessments. That national-level…
On 1 July 2026 the United Kingdom took over the two-year Presidency of the Financial Action Task Force and used its first day to launch the FATF 2026-2028 Roadmap on Combatting Fraud. The launch event, opened by the incoming FATF President Giles Thomson and supported by Executive Secretary Violaine Clerc, set fraud as one of…