Anti-Money Laundering Insights

Last week, the New York State Department of Financial Services (“NYDFS”) fined Robinhood’s crypto trading unit $30 million. The crypto...

There are numerous potential downsides once regulators suspect AML infractions – operational, reputational, financial, and more. Flutterwave, a digital payments...

An amended version of the ENABLERS Act (“Establishing New Authorities for Business Laundering and Enabling Risks to Security”), informally known...

American Express National Bank (Amex) agreed to a $430,500 settlement regarding 214 violations of OFAC’s Kingpin sanctions. Kingpin sanctions are penalties for...

Ping Express – a Texas payments company that transferred millions of dollars from the U.S. to Africa on behalf of...

On June 30, the EU reached a political agreement on a set of laws known as the Markets in Crypto...