South Korea Tightens Crypto Controls: Even Small Transfers Now Fall Under Expanded AML Rules
South Korea is preparing one of its most extensive anti–money laundering crackdowns in the crypto sector, closing long-standing loopholes that allowed users to move...
FCA Set to Become the UK’s Single AML Supervisor: A Major Shakeup for Lawyers and Accountants
The UK is preparing for one of the biggest regulatory shifts in recent years as the Financial Conduct Authority (FCA) is expected to take...
Conveyancing Crackdown: UK Property Lawyers Face Stricter AML Rules as Suspicious Reports Surge
The UK conveyancing sector is entering a period of intense scrutiny after new data revealed that an overwhelming majority of suspicious activity alerts submitted...
Kazakhstan Unveils Sweeping Anti-Money Laundering Crackdown: From Crypto Wallets to Shell Companies
In a major policy overhaul, Kazakhstan’s government has greenlit a comprehensive resolution to tighten its defenses against money laundering, terrorist financing, and even the...
Game-Changer in FinCrime: Regulators Endorse LLM-Generated SARs as More Accurate
Financial supervisors are increasingly convinced that Suspicious Activity Reports (SARs) drafted using large language models (LLMs) are delivering higher quality disclosures. At a recent...
