What the 2026 Trafficking in Persons Report means for country AML risk
The US State Department’s 2026 Trafficking in Persons Report, published on 8 October, includes a section on scam operations that AML teams should read.
A country risk score is a useful starting point, but regulators expect firms to demonstrate how a jurisdiction’s risks affect their specific business, customers and transactions.
Switzerland launches its beneficial ownership register: what compliance teams need to know
Switzerland has long been synonymous with financial discretion. On 1 October 2026, that changed. A new federal beneficial ownership register is now live, covering more than 500,000 companies and extending AML due diligence obligations to advisers for the first time.
Exploring the global shift toward individual accountability in AML enforcement and what it means for compliance officers who cannot demonstrate how their country risk decisions were reached.
Cross-border remittances: how far does your geographic risk assessment need to go?
Geographic risk assessment for cross-border payments is a regulatory requirement across the US, EU, and UK. The standard is consistent: where other countries or institutions form a known and material part of the payment chain, those jurisdictions belong in the assessment.
