Global REG-CAP August 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

August 2024
This month’s highlights include:

  • EUROPE: The European Banking Authority and the European Central Bank published a joint report on fraud data in the EU (read the RegCap for findings).

  • UK: Transparency International Russia published a paper on illegal money transfers from Russia to the UK through e-payments, highlighting the use of dark web marketplaces where access to business bank accounts is sold.

  • USA: The US announced the designation of nearly 400 individuals and entities in Russia, Asia, Europe and the Middle East for their involvement in helping Russia evade sanctions and sustain its war effort.


What other publications and regulatory changes caught your eye in August? 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