AML Weekly Recap and Insights | Week 16th - 20th June 2025

Jun 20, 2025

Dear AML Professionals,

Another week has come to an end, bringing with it key developments and insights in the world of financial crime compliance.

This month, our weekly insights are brought by a useful resource for professionals by Aventine Lab: Best AML Tools in Australia.

Download the report for free

The people who add the most value aren’t the ones who know everything

They’re the ones who keep learning.

They ask questions.
They explore what’s changing.
They’re not afraid to say, “I don’t know, but I’ll find out.”

Because staying up to date isn’t just about knowing the latest regulation or trend.
It’s about showing up and adapting.

And in today’s world, where the way we work, pay, and protect is constantly evolving, that’s what sets professionals apart.

Whether you work in payments, compliance, tech, or risk - the pace of change will keep increasing.

The question is: how are you keeping up? Here’s how I keep up:

✓ Attending events or webinars
✓ Taking part in seminars or training sessions
✓ Following trusted news sources, blogs, and experts

Recommended event:

If you’re looking to stay ahead of what’s changing in the payments space, I recommend the Future of Payments Summit— a FREE online event hosted by ComplyAdvantage.

It’s designed for professionals in compliance and financial services who want to better understand the trends shaping the future of payments.

Learn more and register

With this thought I wish you a happy weekend.

My warm regards

Anna

Here you can find the latest weekly news in the anti-financial crime industry:

The UK’s Office of Financial Sanctions Implementation (OFSI) has published new guidance for high value dealers and art market participants, ahead of expanded reporting obligations taking effect from 14 May 2025. The document outlines how these sectors may be exposed to sanctions evasion risks, provides examples of common red flags, and sets expectations for due diligence and compliance. Firms dealing in transactions of €10,000 or more in cash or high-value art must report suspected breaches or dealings with designated persons.
MONEYVAL has published a follow-up report confirming that Cyprus has strengthened its anti-money laundering and counter-terrorist financing framework, particularly in relation to correspondent banking. The rating for FATF Recommendation 13 has been upgraded to “largely compliant,” reflecting progress in addressing previous technical deficiencies. Cyprus is now rated compliant on 16 recommendations, largely compliant on 22 and partially compliant on 2 out of 40 FATF recommendations.