Developments · monthly edition
Verified changes in financial crime, sanctions and regulation across the EU, the UK and Switzerland. Every entry links to its primary source.
14 entries · 5 stories moved · 12 issuing bodies
Liechtenstein's Government confirmed that on the night of 29–30 July 2026 an unknown third party gained unauthorised digital access to the beneficial-ownership register and copied data on approximately 31,000 legal entities.
On 27 July 2026 the Federal Criminal Court in Bellinzona fined Lombard Odier CHF 3 million for failing to put adequate anti-money-laundering organisation in place.
Council Regulation (EU) 2026/1848 of 23 July 2026 amends Regulation (EU) No 833/2014 and extends the ownership and board ban to all crypto-asset services.
In Salinas Pliego v Astor Asset Management 3 Ltd CITATION (Males, Phillips and Foxton LJJ), operatives instructed for the claimants drew the defendants' solicitor into covertly recorded meetings about litigation strategy.
SI 2026/847, in force 17 July 2026, makes the first designations under the National Security Act 2023's designated-body regime.
SI 2026/778, in force 9 July 2026, removes the requirement to name the trust when applying to Companies House for trust information on the Register of Overseas Entities.
The European Data Protection Board is consulting on Guidelines 02/2026 on anonymisation until 23:59 CET on 30 October 2026; it adopted the draft on 7 July 2026.
The European Data Protection Board is consulting on Guidelines 03/2026 on web scraping to train generative AI until 23:59 CET on 30 October 2026; it adopted the draft on 7 July 2026.
MONEYVAL published its mutual evaluation of Slovenia, MONEYVAL(2026)7, on 7 July 2026, rating ten Recommendations partially compliant and placing Slovenia in enhanced follow-up.
MONEYVAL has re-rated Romania from partially compliant to largely compliant on Recommendations 6 and 7, targeted financial sanctions on terrorism and proliferation.
FINMA's president, Marlene Amstad, renewed the call for a power to fine directly, in an NZZ am Sonntag interview.
Since 1 October 2026, reports to MROS must follow the goAML handbook version CH 2·0.2 and its version 2·0.2 XML schema, under fedpol's data-standard ordinance (VDIGw, AS 2026 440).
Fuel remains the EU's workhorse VAT-fraud sector, and the EPPO keeps reaching directly for assets rather than waiting for convictions.
The last national transitional regimes closed on 1 July 2026: a crypto-asset service provider without MiCA authorisation may no longer serve EU clients, and reverse solicitation is the only — narrow, closely-scrutinised — residual route.