Hello, and welcome to episode 195 of the Financial Crime Weekly Podcast, I am Chris Kirkbride. This episode covers notable sanctions actions, including US and UK asset freezes targeting Haitian gang leaders and others under migration and trafficking regulations, as well as an OFSI licence allowing business with subsidiaries of Rosneft. We cover the takedown of a $30 million fraud ring targeting American timeshare owners, Switzerland’s proposed beneficial ownership register, and the UK’s move to centralise AML/CTF supervision under the FCA. Also featured are OECD’s review of Latvia’s anti-bribery efforts, a major cross-border corruption case, FCA warnings on weak financial crime controls, Pacific nations teaming up against crypto abuse, plus key cyber security updates such as Europol dismantling SIMCARTEL, the global impact of an AWS outage, and NCSC’s call for board-level cyber resilience.

A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.