2024 was a notable year for financial crime, marked by heightened scrutiny on compliance and major enforcement actions for anti-money laundering (AML) and countering the financing of terrorism (CFT) regulation shortcomings. In this article, we examine some of the largest AML/CFT fines imposed throughout the year, spotlighting the companies involved, the regulatory issues they faced, and the broader implications these penalties had on their respective industries. This list draws on research co...
