In a landmark collaboration, the United States and the United Kingdom have launched their most extensive joint operation to date, targeting sprawling cyber-criminal syndicates operating out of Southeast Asia. Announced by the U.S. Treasury Department on October 14, 2025, these unprecedented actions target networks responsible for reportedly laundering billions in funds derived from nefarious activity […]
Read More
In the world of maritime sanctions, marine insurers and P&I clubs play a vital role in protecting the sector from regulatory and operational risk. But as expectations from regulators increase and sanctions regimes grow more intricate, relying on standard compliance approaches is no longer enough. Two areas are particularly critical for effective sanctions risk management: […]
Read More
In a week that has highlighted the Trump administration’s de-regulatory agenda on financial oversight, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced multiple developments in their attempts to ease compliance burdens on non-banking institutions while still maintaining appropriate anti-money laundering (AML) and counter-terrorism financing (CFT) protocols to protect national security. These updates – […]
Read More