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crime4h ago
Fraud now accounts for 45% of crime in England, US Fed ends long-standing AML order at Standard Chartered, FinCEN issues new southwest GTO
- A CIFAS study shows fraud now makes up 45% of all crime in England and Wales, driven by identity theft and account access fraud.
- More than 444,000 fraud cases were reported to the National Fraud Database in 2025, the highest annual total on record.
- Standard Chartered and its U.S. arm had enforcement orders terminated by the U.S. Fed for sanctions violations, ending years of compliance actions.
- FinCEN issued an expanded Geographic Targeting Order to curb money laundering tied to Mexico-based cartels along the U.S. southwest border.
- The National Money Laundering Risk Assessment cites persistent threats, including Chinese networks and illicit fentanyl trafficking.
- Halkbank-related proceedings could ease U.S.-Turkey tensions if the proposed deal is approved by the court.
- Interpol and Europol leaders are set to speak at the European Anti-Financial Crime Summit 2026 in Dublin.
- AML Intelligence invites firms to join its enterprise membership for access to exclusive updates and resources.
- The piece emphasizes ongoing coverage of crypto oversight debates and regulatory actions worldwide.
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