Global REG-CAP September 2024

FINTRAIL produces a monthly summary of FinCrime regulatory changes and publications. This document covers:

  • Key updates from global and local regulators

  • Key updates from industry guidelines

  • Additional insights identified from financial intelligence units

September 2024
This month’s highlights include:

  • GLOBAL: The Egmont Group published "Best Egmont Cases: Financial Analysis Cases 2021-2023", highlighting 24 money laundering and terrorist financing cases from jurisdictions worldwide, showcasing new typologies and predicate offenses.

  • UK: The FCA made headlines by prosecuting an individual for running an unregistered crypto ATM network, marking the first criminal prosecution under the UK’s anti-money laundering regulations for crypto-related activities.

  • GLOBAL: Leaked documents reveal how the Wagner Group moved funds through global banks, including JPMorgan and HSBC, to finance its operations in Africa, raising concerns about financial institutions' involvement in illicit activities.


What other publications and regulatory changes caught your eye in September? If you are interested in speaking to the FINTRAIL team about any of the items in the RegCap, have any ideas for inclusion, or want to discuss any other financial crime topic, please get in touch: contact@fintrail.com