Europe

    image

    AML / KYC

    Belgian Regulator Probes ING Over for Alleged AML Violations

    By Nithya Subramanian | 17/01/2025

    ING Bank allegedly delayed reporting suspicious financial activities linked to former European Commissioner Didier Reynders.

    image

    ESG / Sustainability

    EBA Provides Banks with Clarity on ESG Risks

    By ESG Investor | 17/01/2025

    New guidelines set out requirements for European banks on the management of ESG-related risks. New consultation proposes guidelines on ESG scenario analysis.

    image

    Sanctions

    OFAC, OFSI Publish MOU on Sanctions Cooperation

    By Manesh Samtani | 14/01/2025

    The MOU aims to foster greater alignment in sanctions enforcement by facilitating secure and collaborative information sharing.

    image

    Capital / Liquidity

    Claim Amount Quadruples in Lawsuit Over Credit Suisse AT1 Writedown

    By Thisanka Siripala | 14/01/2025

    An amended complaint filed in New York adds 39 plaintiffs including AllianceBernstein and a subsidiary of Japan’s Nomura Holdings

    image

    Sanctions

    EU Delivers First €3b Tranche of G7 Loan Funds to Ukraine

    By Editors | 14/01/2025

    The funds will be repaid from the proceeds of Russian assets that have been immobilised in the EU due to sanctions.

    image

    AML / KYC

    Bangladesh Authorities Demand UK Minister’s Financial Records

    By Nithya Subramanian | 14/01/2025

    BFIU is investigating whether UK minister Tulip Siddiq was involved in siphoning funds from Bangladesh through her links to ousted Prime Minister Sheikh Hasina.

    image

    AML / KYC

    US Gives Estonia $50m for its Help in Danske Bank Case

    By Nithya Subramanian | 13/01/2025

    Estonia will use the funds to combat financial crime, enhance asset recovery, and provide specialised training across the Baltic States and Nordic region

    image

    Sanctions

    UK to Introduce New Sanctions Regime for ‘People Smugglers’

    By Editors | 12/01/2025

    The regime will target the finances of individuals and entities that exploit vulnerable people by facilitating dangerous sea crossings across Europe

    image

    Sanctions

    OFAC Sanctions Senior Hungarian Official for Corruption

    By Editors | 10/01/2025

    While it is rare for the US to sanction a sitting official in an allied country, OFAC said Antal Rogan has used his position to enrich himself and those loyal to his party

    image

    Sanctions

    NATO Allies Start Using AI to Monitor Russian Shadow Fleet

    By Manesh Samtani | 09/01/2025

    The initiative was launched under the banner of the Joint Expeditionary Force, a UK-led Northern European multi-national military partnership

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.