anti-money laundering News

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• South Korean Casino Kangwon Land Fined KRW564 Million Over Systemic Anti-Money Laundering Failures

  Published: Apr 22, 2026

  Section: Online Gambling

  The South Korea Financial Intelligence Unit imposed a KRW564 million fine on Kangwon Land Inc. for failing to verify transactions and losing tens of thousands of records. Between 2...

• Halkbank and US Justice Department Reach Landmark Deferred Prosecution Agreement to End Decade Long Legal Standoff

  Published: Mar 9, 2026

  Section: Europe

  Turkish state lender Halkbank has entered a deferred prosecution agreement with the US Department of Justice, effectively terminating a nine-year criminal case involving Iran sanct...

• Australia’s Federal Court Finds Former Star Entertainment Executives in Breach of Corporations Act Over AML Failures

  Published: Mar 6, 2026

  Section: Online Gambling

  Two former senior executives of The Star Entertainment Group have been found personally liable for breaching the Corporations Act 2001. The Federal Court ruled that the ex-CEO and...

• University of Birmingham Scientists Launch SynapTrack System To Rapidly Identify And Trace Cross-Chain Blockchain Money Laundering

  Published: Feb 25, 2026

  Section: FinTech Business

  Computer scientists have unveiled SynapTrack, an advanced anti-money laundering framework designed to detect fraudulent cryptocurrency transactions with 98% accuracy. The system ut...

• FINMA Sharpens Enforcement Focus on Smaller Swiss Private Banks

  Published: Feb 17, 2026

  Section: Banking & Finance

  Switzerland's financial regulator, FINMA, is reportedly deploying enforcement proceedings—its most severe supervisory tool—more aggressively against smaller private banks. While la...