The AML Analyst

The Jorge Figueira Case: How a Professional Money Launderer Exploited the Gaps in AML Systems

In January 2026, Jorge Figueira was indicted by the U.S. Department of Justice for laundering nearly $1 billion. The case exposes gaps in due diligence and the consequences of differences in global AML regulations.

AMLA Tries to Score Against Money Laundering in the Football Sector

On April 27th, 2026, the AMLA Chair, Bruna Szego, expanded on the EU AML regulations, bringing football under the scope. While the RBA approach they are taking is a positive step, their lack of direct supervision and confusion around regulations will cause friction between the clubs, national regulators, and the AMLA.

The FCA’s Principles-Based AI Approach Is Right, But Accountability and Data Privacy Need Specific Rules

On September 8th, 2025, the FCA published its approach to AI in financial markets, opting to rely on existing frameworks to govern the usage. On January 20th, 2026, the Treasury Committee released a report against this approach. I examine why the FCA approach is broadly right, and where regulation is required.

FinCEN’s Proposed AML Reform is Right, But It Has a Structural Problem

On April 7th, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule that aims to reform the AML/CFT programs under the Bank Secrecy Act. I analyse the proposed rule, how it may lead to improvements in AML programs, and gaps that need addressing.