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Risk and RegTech Roundup

July 2025

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01

OFAC Imposes USD 215 Mn Penalty on GVA Capital Ltd. for Violating Ukraine/RussiaRelated Sanctions and Reporting Obligations

02

Sundus Exchange: UAE shuts down another forex firm, fines it Dh10 million in money laundering crackdown

03

Switzerland fines Pictet CHF 2 Mn for money laundering, sentences former employee

04

MAS Fines Five Payment Firms S$960,000 Over AML/CFT Control Failures

01

Canada AML/CFT Reforms

02

New Zealand Strengthens AML/CFT Rules

03

AUSTRAC AML/CFT Rules June 2025

Recent Election Events

Date Country Election Type
Jun 01 Monthly Newsletter July 2025 Mexico Round Flag Mexico Judicial Elections
Jun 03 Monthly Newsletter July 2025 sOUTH kORA rOUND flag South Korea President Election
Jun 05 Monthly Newsletter July 2025 Burundi Round Flag Burundi Legislative Elections
Jun 08 Monthly Newsletter July 2025 Italy Round Flag Italy Referendum
Jun 26 Monthly Newsletter July 2025 Iran round flag Iran Local Elections
Jun 08 Monthly Newsletter July 2025 Japan round flag Japan House of Councillors

Important PEP Changes Across the world

Country Type Of Change PEP Count News
Monthly Newsletter July 2025 Romania Round FlagRomania Appointment 01 Nicușor Dan has been appointed as the new President
Monthly Newsletter July 2025 sOUTH kORA rOUND flag South Korea Appointment 02 Lee Jae Myung has been appointed as the new President
Monthly Newsletter July 2025 Mongolia Round Flag Mongolia Resignation 01 Luvsannamsrain Oyun Erdene has resigned as Prime Minister
Monthly Newsletter July 2025 Czech Round Flag Czech Republic Appointment 02 Eva Decroix has been appointed as the new Minister of Justice
Monthly Newsletter July 2025 Thailand Round Flag Thailand Resignation 06 Anutin Charnvirakul has resigned as Deputy Prime Minister
Monthly Newsletter July 2025 Romania Round Flag Romania Appointment 02 Illie Bolojan has been appointed as the new Prime Minister

Lists

194

Regulators

28

Countries

21

Total

2515

Watchlists Country Added Deleted Amended
Office of Foreign Assets Control US Flag United States 104 8 15
European Commission EU Flag European Union 9 23 2
OFSI Home Treasury UK Flag United Kingdom 13 3 17
State Secretariat for Economic Affairs Togo Flag Switzerland 385 61 574

Featured Reports & Articles

Best Practices in Nepal

This report outlines how financial institutions in Nepal can strengthen AML name screening by aligning with FIU-Nepal regulations and applying global best practices. It covers risk-based thresholds, fuzzy matching, PEP screening, and local adverse media integration, offering a practical guide to reduce false positives and improve detection efficiency.

RBI Amendment on MD – KYC

RBI’s updated KYC FAQs clarify compliance routines, enable flexible onboarding, and empower financial institutions to serve their customers more efficiently and inclusively.

In Non-Profit Sector

An in-depth look at how Nepal is strengthening its AML framework for NGOs and INGOs through new regulations, digitization, and enhanced due diligence requirements.

ZIGRAM Gold Sponsors Of Techno Meet 3.0, Dubai, UAE

ZIGRAM was proud to be in Techno Meet 3.0 organised by Foreign Exchange & Remittance Group (FERG) on 25 Jun 2025 in Dubai, UAE, where we indulged in thought-provoking discussions with industry leaders about what innovation comes next in the future of finance and remittance.

Rahul Pagare, CFO and Co Founder of ZIGRAM, was also a speaker at the event where he spoke about next gen AML & Financial crime tools for a global landscape

ZIGRAM @ Global Fintech Fest 2025, Mumbai, India

ZIGRAM will be at the Global Fintech Fest 2025 happening on 7-9 Oct 2025 in Jio World Centre, Mumbai, India where we will be showcasing our products for complete AML Systems, live demos and how we empower the future of AML in BFSI sector through Artificial Intelligence.

Follow us on LinkedIn for future updates!

Discover ZIGRAM

Innovation & Solutions

At ZIGRAM, we continuously enhance our RegTech solutions to help businesses tackle financial crime, AML compliance, and emerging risks with precision. Explore our suite of cutting-edge products: