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.
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…
On 8 July 2026 the Financial Action Task Force published a global stocktake of public-private partnerships for fighting illicit finance, and the message to reporting teams is blunt: the data that would expose a laundering network usually sits in fragments across separate banks, payment firms and law enforcement files, and criminals move faster than any…
On 16 July 2026 the Financial Action Task Force published its seventh targeted update on how countries are implementing the FATF standards for virtual assets and virtual asset service providers. The headline finding is that implementation remains uneven. Of the 109 jurisdictions answering the Travel Rule legislation question, 91, or 83 percent, reported legislation in…
On 17 July 2026 the Council of the European Union adopted Council Implementing Regulation (EU) 2026/1779, which amends Annex I to Regulation (EU) No 269/2014 and adds six new designations to the EU list of persons and entities subject to an asset freeze over the situation in Ukraine. The measure entered into force on the…