Top stories this week:
Australia’s Tranche 2 AML Reforms Take Effect | EU Proposes Sanctions on Russian Drone Makers
Welcome to this week's edition of the KYC Roundup, your gateway to the most impactful developments in the world of Anti-Money Laundering and financial crime. In the AML arena, Australia’s tranche 2 AML reforms took effect, while Binance has restricted EU services after failing to secure MiCa authorisation.
In the fast-paced world of sanctions, the EU has proposed sanctions against Russian drone makers.
In the corruption space, the German football HQ was searched as part of a probe.
We round off this week’s roundup with an opportunity to register for our latest webinar, “Navigating UK AML Reforms 2026.”
KYC & AML
Australia’s tranche 2 AML reforms take effect
Australia’s expanded AML/CTF regime has taken effect, bringing parts of the real estate, legal, accounting and trust and company services sectors under AUSTRAC supervision for the first time.
Binance restricts EU services after MiCA setback
Binance has restricted services for European Union users after failing to secure authorisation under the bloc’s MiCA crypto regime.
UK crypto firms face new capital and risk rules
The FCA has set out final rules for the UK’s incoming cryptoasset regime, which will require firms to meet tougher standards on capital, risk management, operational resilience and consumer protection from October 2027.
Sanctions
EU proposes sanctions on Russian drone makers
The EU is preparing new sanctions against Russian military-industrial targets following a major missile and drone attack on Kyiv.
Corruption
German football HQ searched in corruption probe
German police have searched the national football federation’s headquarters and other sites as part of an investigation into alleged corruption linked to Euro 2024 tickets and hospitality.
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KYC360 News
Webinar: Navigating UK AML Reforms 2026
Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for a practical guide to preparing for the UK’s most significant AML regulatory changes in years. This session outlines practical steps for navigating regulatory deadlines, updating compliance frameworks, and preparing for enhanced supervisory expectations.
Date: 8th July 2026
Time: 3:00pm - 4:00pm (UK Time)
Your latest weekly update from the worlds of money laundering, legislation and regulation, sustainability, gaming and gambling, crypto and sanctions.
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