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OPINION: Romance fraud, vulnerable victims, and missed red flags
Former fraud squad detective Tony McClements tells us what the FCA’s review really means for banks and investigators.
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TD bank employee pleads guilty to helping launder $92m
A central facilitator of a money-laundering gang’s exploitation of TD processed thousands of suspicious bank checks, accepted gift cards, and failed to fill out critical forms.
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Canada boosts AML enforcement framework in 2025
After a widely-criticized penalty against TD in 2024, FINTRAC signaled a shift towards bigger fines and earlier intervention.
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FCA opens consultation on bespoke market risk rules for non-bank firms
The regulator has proposed seven possible approaches for reforming current rules.
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Swedish FSA fines Svea Bank SKr170m for violating money-laundering regulations
The regulator’s investigation turned up deficiencies in the bank’s risk assessments and customer due diligence measures.
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Comptroller of the Currency Gould discusses bank charters and digital assets custody
Jonathan Gould said the OCC would be focusing on boosting de novo bank chartering and protecting the right of national trust banks to custody digital assets.
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Bowman recaps the Fed’s key moves in ’25 and those forthcoming
In her testimony on the Federal Reserve’s supervisory and regulatory activities, Bowman provides an overview of banking regulation in 2025 and what lies ahead.
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Cross-border legal implications of recent rulings in the Credit Suisse AT1 bond saga
The US and Swiss decisions raise international considerations for investor protection, regulatory power in bank rescues, cross-border jurisdiction, and the hierarchy of claims in bank resolution cases.