AML Compliance

RBI Foreign Exchange Turnover Data Release

The Reserve Bank of India has released foreign exchange turnover data for the period January 27-30, 2026. The data includes daily merchant and inter-bank transactions in foreign exchange, presented in USD millions.

RBI Foreign Exchange Turnover Data Release

The Reserve Bank of India (RBI) has released foreign exchange turnover data for the period of January 19-23, 2026. This notice provides daily merchant and inter-bank transaction figures in foreign exchange.

Foreign Exchange Turnover Data Release

The Reserve Bank of India has released foreign exchange turnover data for the period January 12-16, 2026. The data includes daily merchant and inter-bank transactions in foreign exchange, presented in USD millions.

Foreign Exchange Turnover Data Release

The Reserve Bank of India has released foreign exchange turnover data for the period of January 5-9, 2026. The data includes daily merchant and inter-bank transactions in foreign exchange, with figures presented in USD Millions.

RBI Foreign Exchange Turnover Data Release

The Reserve Bank of India (RBI) has released foreign exchange turnover data for the period December 29, 2025, to January 02, 2026. The data includes daily merchant and inter-bank transactions in foreign exchange, with figures presented in USD Millions.

RBI Money Market Operations Data

The Reserve Bank of India has published data on Money Market Operations as of March 17, 2026. This release provides key figures and rates related to the Indian money market.

Tripartite Social Summit Discusses Investment for Vibrant Economy

The EU Council held a Tripartite Social Summit discussing 'Investment for a vibrant European economy and quality jobs'. Leaders and social partners addressed closing investment gaps and reducing strategic dependencies, with a focus on economic competitiveness and job creation.

Media Advisory: European Council Meeting March 19-20, 2026

The EU Council has issued a media advisory for the European Council meeting scheduled for March 19-20, 2026. The advisory outlines the indicative programme for the meeting, including sessions on foreign affairs, competitiveness, and the situation in Ukraine, and provides details for media access and accreditation.

António Costa Remarks on Economy and Quality Jobs

European Council President António Costa delivered remarks on the economy and quality jobs following a tripartite social summit. He highlighted upcoming EU leader decisions on strengthening European competitiveness, reducing dependencies, and ensuring fair working conditions.

OFSI Updates UK Sanctions Enforcement Guidance and Penalties

The UK's Office of Financial Sanctions Implementation (OFSI) has updated its civil enforcement guidance and introduced new penalties and discount mechanisms. These changes aim to accelerate investigations, reduce burdens, and improve transparency in financial sanctions enforcement.

Oklahoma Digital Asset Kiosk Operators Require Money Transmitter License

The Oklahoma Banking Department announced that effective November 1, 2025, all digital asset kiosk operators in Oklahoma will be required to obtain a Money Transmitter License under SB 1083. The department is developing a registration process for these kiosks.

Oklahoma Banking Department Personnel Certifications and Digital Asset Kiosk Rules

The Oklahoma Banking Department announced new licensing requirements for digital asset kiosk operators, effective November 1, 2025, requiring them to be licensed as money transmitters. The notice also highlighted recent examiner certifications earned by department personnel.

Oklahoma Banking Department Reduces 2025 Assessment Rates for State-Chartered Banks

The Oklahoma State Banking Board has approved significant reductions in assessment rates for state-chartered banks for 2025. Banks with assets under $1 billion will see a 70% cut, while those over $1 billion will receive a 25% reduction, totaling over $5.2 million in savings.

Oklahoma Banking Department Personnel Longevity Awards

The Oklahoma Banking Department has announced longevity awards for its personnel, recognizing employees for their years of service. The notice details recipients for fifteen and ten years of service, presented by Mick Thompson.

Oklahoma Banking Department Newsletter: GSBC Trustees Meeting

The Oklahoma Banking Department issued a newsletter announcing that GSBC Trustees attended their spring meeting. The newsletter highlights the Graduate School of Banking at the University of Colorado Boulder and its upcoming annual school session.

Federal Reserve FOMC Economic Projections - March 2026

The Federal Reserve released economic projections from the March 17-18, 2026, Federal Open Market Committee (FOMC) meeting. These projections summarize participants' views on the likely path of the economy and monetary policy.

Federal Reserve FOMC Statement on Economic Activity

The Federal Reserve's Federal Open Market Committee (FOMC) issued a statement indicating that economic activity is expanding at a solid pace, though job gains remain low and inflation is somewhat elevated. The FOMC decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.

Eric Levitt Sentenced for Promissory Note Scam

The Florida Office of Financial Regulation (OFR) reports that Eric Levitt has been sentenced to five years in prison and 20 years of probation for his role in a fraudulent promissory note investment scheme. He was also ordered to pay over $570,000 in victim restitution.

Man Sentenced for Affinity Fraud, Ordered to Pay Restitution

Bonel Pierre was sentenced to four years in prison and ordered to pay over $250,000 in restitution for an affinity fraud scheme targeting the Haitian American community. The Florida Office of Financial Regulation partnered with local law enforcement on this criminal enforcement action.

Orlando Man Sentenced for $1.6M Investment Fraud

The Florida Office of Financial Regulation (OFR) announced the sentencing of Anthony Michael Hernandez to three years in prison and $1.8 million in restitution for a $1.6 million investment fraud scheme. Hernandez defrauded investors by falsely claiming his company, Oi2GO Media Technologies, Inc., was a major streaming service.

Man Arrested for $12 Million Advance Fee Loan Scam

The Florida Office of Financial Regulation (OFR) partnered with the FBI to arrest Justin Scott Godur for an alleged $12 million advance fee loan scam. Godur is charged with wire fraud and money laundering for defrauding victims seeking large credit facilities.

Thomas Amendola Arrested for Investment Fraud

Thomas Amendola was arrested on felony charges for allegedly orchestrating an investment fraud scheme, soliciting $500,000 from investors. The Florida Office of Financial Regulation (OFR) led the investigation, which revealed investor funds were used for personal expenses.

Florida License Renewals Due December 2025

The Florida Office of Financial Regulation (OFR) has issued an industry alert reminding businesses and individuals that license renewals are due by December 26, 2025, and December 31, 2025. Affected entities must renew through specific portals to maintain active license status.

Investment Advisers: Continuing Education Deadline Reminder

The Florida Office of Financial Regulation (OFR) is reminding investment advisers' associated persons of the December 26, 2024, deadline to complete continuing education requirements. Credits must be reported by this date to maintain active registration status.

Florida Financial Services License Renewal Open

The Florida Office of Financial Regulation (OFR) has opened the license renewal period for various financial services businesses. Businesses and individuals must complete renewals by specific deadlines in December 2024 and January 2025 to maintain active license status.

Florida OFR Proclamation to Securities Professionals

The Florida Office of Financial Regulation (OFR) issued a proclamation to securities professionals in response to Hurricanes Helene and Milton. This notice provides guidance and potentially temporary relief measures for industry professionals operating in affected areas.

OFR Proclamation Regarding North Florida Winter Storm

The Florida Office of Financial Regulation (OFR) has issued a proclamation to state-chartered financial institutions and securities professionals concerning the North Florida winter storm. This notice provides guidance and potential relief measures in response to the severe weather event.

Texas DOB Press Releases and Consumer Alerts from 2023

The Texas Department of Banking has released its press releases and consumer alerts for 2023. These include various enforcement actions, consent orders, and consumer advisories related to state-chartered banks and financial entities operating in Texas.

Texas DOB 2022 Press Releases and Announcements Archive

The Texas Department of Banking has published its archive of press releases and announcements for 2022. This archive includes various notices, consumer alerts, and enforcement orders issued by the Banking Commissioner throughout the year, affecting financial institutions and consumers in Texas.

Texas Banking Commissioner Issues Consent Order for GPD Holdings LLC

The Texas Banking Commissioner has issued a consent order against GPD Holdings LLC, doing business as CoinFlip. This action indicates a regulatory enforcement measure taken by the Texas Department of Banking concerning the company's operations.

Texas Banking Commissioner Issues Consent Orders and Consumer Alerts

The Texas Department of Banking has issued multiple consent orders and consumer alerts throughout 2025. These actions address various violations, including AML/CFT and BSA/AML issues, and involve entities such as Paylocity Corporation, Expensify, Inc., and Shaka Express Corp. The department also issued alerts regarding specific financial institutions.

Texas Banking Department Enforcement Actions and Announcements

The Texas Department of Banking has issued multiple enforcement actions in 2024, including consent orders and cease and desist orders against various financial entities. These actions address violations related to money transmission, unauthorized banking services, and other regulatory non-compliance. The department also issued consumer alerts and announced personnel changes.

Texas AG Halts Foreclosures Due to Questionable Banking Practices

The Texas Attorney General has requested state-chartered banks and mortgage servicers to halt foreclosures due to questionable practices, such as signing documents without reading them or notarizing without presence. The Texas Department of Banking urges all state-chartered banks to review their foreclosure policies and procedures.

NMLS MLO Registration Fees Proposed

The Texas Department of Banking issued a notice regarding proposed federal registration fees for Mortgage Loan Originators (MLOs) by the Nationwide Mortgage Licensing System & Registry (NMLS). Financial institutions are encouraged to review and submit comments by November 12, 2010.

NCUA Releases Q4 2025 Credit Union Data Report

The National Credit Union Administration (NCUA) released its Q4 2025 state-level credit union data report. The report indicates growth in assets and loans outstanding for federally insured credit unions, alongside trends in membership and profitability.

CFTC and SEC clarify federal securities laws for crypto assets

CFTC and SEC clarify federal securities laws for crypto assets

HKMA Alerts Public to Bank Scams and Fraudulent Websites

The Hong Kong Monetary Authority (HKMA) has alerted the public to fraudulent websites and scams targeting customers of several banks. The alert provides details on specific scams and advises the public on how to protect themselves and report incidents.

IRS Secure Messaging Taxpayer Agreement and Disclosure Authorization

The Internal Revenue Service (IRS) is requesting public comment on new information collection activities related to taxpayer agreements for secure messaging and disclosure authorizations. This includes the application for a Central Withholding Agreement and directed withholding and deposit verification processes.

OFAC Removes 4 Individuals and 2 Entities from SDN List

The Office of Foreign Assets Control (OFAC) has removed four individuals and two entities from its Specially Designated Nationals (SDN) List. These removals are related to Russia sanctions programs. The specific details of the individuals and entities, including aliases and identifying information, are provided in the notice.

OFAC Issues Venezuela General License 52 and FAQs

The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 52, authorizing certain transactions involving Petróleos de Venezuela, S.A. OFAC also released two new Frequently Asked Questions (FAQs) related to Venezuela sanctions.

OFAC Notice of Sanctions Actions

The Office of Foreign Assets Control (OFAC) has published a notice detailing new sanctions actions. This notice, published on March 18, 2026, outlines specific designations and restrictions that may impact international trade and financial transactions.

FDIC Sunshine Act Meeting Notice and Proposed Rulemakings

The FDIC announced a Sunshine Act meeting for March 19, 2026, to consider proposed rulemakings on regulatory capital for banking organizations and a final rule clarifying deposit insurance coverage. The meeting will be webcast, and media inquiries are due March 18, 2026.

OFAC Settlement with TradeStation Securities, Inc.

The Office of Foreign Assets Control (OFAC) announced a settlement with TradeStation Securities, Inc. for $1,110,661 to resolve 481 apparent sanctions violations related to services provided to individuals in Iran, Syria, and Crimea. The settlement reflects the non-egregious nature of the violations and voluntary self-disclosure.

Federal Reserve: Change in Bank Control Notices

The Federal Reserve System has published notices regarding changes in bank control and acquisitions of shares of banks or bank holding companies. These notices detail applications received under the Change in Bank Control Act and Regulation Y. Interested parties can submit comments by April 2, 2026.

Federal Reserve Notice: Bank Holding Company Formations, Acquisitions, and Mergers

The Federal Reserve has published a notice regarding applications for the formation, acquisition, and merger of bank holding companies. These applications are made under the Bank Holding Company Act of 1956 and Regulation Y. Interested parties can submit comments by April 17, 2026.

OFAC Adds Persons to SDN List and Updates Identifying Information

The Office of Foreign Assets Control (OFAC) has added new individuals to the Specially Designated Nationals (SDN) List and updated identifying information for an existing SDN. These designations block all property and interests in property subject to U.S. jurisdiction and prohibit U.S. persons from engaging in transactions with the listed individuals.

FSC Revises Business Development Company (BDC) Rules

The Financial Services Commission (FSC) of South Korea has revised rules for Business Development Companies (BDCs) to promote venture investment. The revised rules, effective March 17, 2026, mandate specific investment ratios in unlisted startups and venture businesses, with provisions for lending and safe asset investments.

FSC Chairman meets Standard Chartered CEO, discusses market

The Chairman of South Korea's Financial Services Commission (FSC) met with the CEO of Standard Chartered Group on March 13, 2026. They discussed global geopolitical impacts, market stability programs, and the FSC's productive finance initiative.

FSC Clarifies Shareholding Rules for Institutional Investors

The Financial Services Commission (FSC) of Korea has provided statutory interpretations to clarify shareholding rules for institutional investors, particularly concerning the '5% rule' for reporting significant shareholdings. These clarifications aim to facilitate shareholder activities and enhance corporate value ahead of the annual general meeting season.

Revised Act on Financial Fraud and Virtual Assets Passed

South Korea's Financial Services Commission announced the passage of a revised Act on Financial Fraud and Virtual Assets. The amendments require virtual asset exchange service providers to implement vishing prevention and loss relief measures similar to financial companies, and expand eligible assets for victim refunds to include virtual assets.