Financial Crime Weekly Digest — 27 October – 2 November 2026
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
Tag: compliance
Tag: compliance
63 posts · compliance
DIFC: the DFSA’s USD 454,367 penalty on a company service provider that was never registered as a DNFBP
On 15 October 2026 the DFSA announced a financial penalty of USD 454,367.05 on Hayman-Woodward Global Mobility Services (DIFC) Ltd (HWW). The firm had carried on company service provider services in or from the DIFC without being registered as a Designated…
Qatar: the QFC’s AML/CFT Rules replace the 1 June reporting date with one set by notice, and add a duty to report on policies
Version 5 of the Qatar Financial Centre's Anti-Money Laundering and Combating the Financing of Terrorism Rules 2019 (AML/CFTR) gave a fixed date for the MLRO's annual report, with senior management's written confirmation, to reach the regulator: before 1 June…
Saudi Arabia: what SAMA’s AML rules require on every wire transfer, and the transfers they say not to accept
Saudi Arabia's wire transfer rules start with a core list: the originator's and beneficiary's names and account numbers travel with the payment. The Saudi Central Bank (SAMA) then adds requirements of its own: the purpose of the transfer, a declaration from…
UAE: assessing your own crime risks, and the risks of new products, under Cabinet Resolution No. (134) of 2025
Every control in an AML programme rests on a judgement about risk: how much due diligence, how often to review, which alerts matter. Before the Executive Regulations reach customer due diligence, they require that judgement to be made, written down and kept…
Mauritius: what the FIAML Regulations and the Bank of Mauritius Guideline require on correspondent banking, shell banks and wire transfers
Regulations 16, 17 and 20 of the Financial Intelligence and Anti-Money Laundering Regulations 2018 set the Mauritius rules on correspondent banking, shell banks and wire transfers. The Bank of Mauritius AML/CFT Guideline restates them and adds its own…
Financial Crime Weekly Digest — 20 – 26 October 2026
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
ADGM: two FSRA final notices on AML, five late AML Returns and a company service provider’s 104 customers
The ADGM Financial Services Regulatory Authority published two Final Notices for contraventions of its Anti-Money Laundering and Sanctions Rulebook in November and December 2025. One went to Payward MENA Holdings Limited on 17 December 2025. The other went to…
Qatar’s BNPL Regulation: the KYC, AML and fraud duties of a Buy-Now-Pay-Later provider
Buy-Now-Pay-Later is usually discussed in Qatar as a consumer credit product: caps on borrowing, credit bureau checks, late fees. All of that is in the Qatar Central Bank's Buy-Now-Pay-Later Regulation. But the same text also makes a BNPL provider a fully…
Saudi Arabia: SAMA’s financial institutions must register for the Security Council notification system and reply within 24 hours
On 1 October 2026 (20/4/1448H) the Saudi Central Bank (SAMA) issued circular No. 482028988, Integration with the Security Council Resolutions Notification System. SAMA's rulebook shows it as In-Force and marks the English text as a translated document. It is…
Start with a compliance health check.
A working session with your compliance team, then a walkthrough against your own risk appetite: the lifecycle end to end, scoring weights set to your policy, and a review of the audit trail the system produces.