In Focus: AFC Regulatory Watch - October 2025

Overview

 In this month’s AFC Regulatory Watch, Craig highlights potentially significant changes for Suspicious Activity Reporting (SAR) in the U.S. with newly issued Frequently Asked Questions (FAQs) and a proposal in the U.S. Senate to raise reporting thresholds. Around the world, he covers Canada’s two largest enforcement actions ever, new measures against money mules in Singapore, a series of recent AML enforcement actions in the UAE and a report from the Netherlands that Dutch banks are expected to cut thousands of AML jobs with artificial intelligence.