Europe

ComplyAdvantage is pleased to announce two significant updates to its PEP data following the recent general elections in the UK and France. UK general election Following the UK general election on July 4, 2024, the BBC called the result a […]

Following a review of its AML/CFT framework, the European Union is preparing to introduce a suite of new regulations that will have significant implications for firms operating in, or doing business with, EU countries.

Allianz Benelux offers life, health, and property insurance for individuals and small to medium businesses (SMBs) in Belgium, the Netherlands, and Luxembourg. The company is part of the global Allianz network – one of the world’s largest insurance companies, with […]

Following October’s plenary, the Financial Action Task Force (FATF) issued new guidance relating to cyber-enabled fraud (CEF). In the report, the global watchdog analyzed how the cyber fraud landscape has evolved, its links to other crimes, and how criminal syndicates […]

Judicial authorities in the European Union (EU) are increasing their joint efforts to combat terrorism by sharing a wider range of information on terrorism cases with Eurojust. Following an amendment to the Eurojust Regulation on October 31, 2023, EU Member […]

According to the latest figures published by UK Finance, fraud remains one of the most common crimes in the UK. Criminals are using social engineering tactics to target their victims, including impersonating businesses and creating fake investment ads, as well […]

The Wolfsberg Group has issued revised payment transparency standards that discuss best practices for addressing the growing complexity of global payments. “Today, where one actor’s position in ensuring payment transparency starts and ends is no longer as clear-cut as when […]

This September, 85 European Union investigators coordinated with EU authorities, including Interpol and Europol, to gather intelligence on human trafficking at the 2023 EMPACT Traffic in Human Beings (THB) Hackathon in the Netherlands. The research focused on online recruitment, especially […]

Investigative reporters at Yle, the Finnish Public Broadcasting Company, have traced luxury cars transported from Finland’s southeast Vaalimaa border crossing to Tomsk, Siberia. The reporters attached trackers to the vehicles at the border after being tipped off about an operation […]

The French financial market regulator, Autorité des marchés financiers (AMF), has released customer due diligence (CDD) guidance for investment firms to clarify anti-money laundering and counter-terrorist financing (AML/CFT) obligations. The guidelines were released on October 2, 2023. “[This guidance] sets […]

The Spanish National Police have arrested 197 people on charges related to drug trafficking, sex crimes, money laundering, corruption, and other high-risk crimes following 29 investigations funded by the European Union (EU). The cases, which Europol and countries within and […]

Sixteen people involved in an organized crime group that smuggled millions in suspected drug profits out of the UK and illegally transported migrants, including children, across the border have been handed prison sentences. “The NCA mounted a long and complex […]