NEW RULES NOW IN EFFECTKey AML/CTF changes apply from March and July 2026 CRITICAL DEADLINESMarch 31, May 30, and July 1. What each date means WHO IS AFFECTED?Banks, fintech, plus new Tranche 2 entities like lawyers and real estate AUSTRAC has amended the AML/CTF Rules for 2026, introducing new obligations…
Medium-HighNational Risk Rating 3 Highest Risk SectorsBanks, online gambling, TCSPs Ahead of Crucial Moneyval EvaluationCouncil of Europe compliance review The Isle of Man has released its inaugural economy-wide National Risk Assessment on money laundering, assessing the overall risk as medium-high. The report identifies banking, online gambling, and trust and corporate…
On 12 February 2026, Dutch prosecutors issued a €500,000 penalty order against the Netherlands subsidiary of Louis Vuitton. The reason: for a sustained period, the company did not maintain proper identity checks on customers who repeatedly made large cash purchases across its stores. The Dutch Public Prosecution Service stated plainly: the Know…