How Ruja Ignatova built a $4b fraud and why it matters for crypto and AML
In 2014, a new cryptocurrency emerged with the idea that it would revolutionise the financial world. It was called OneCoin. Its founder, Dr Ruja Ignatova, a Bulgaria-born German citizen, positioned herself as a visionary leader in the digital currency space. She was charismatic, articulate, and media-savvy and she quickly gained global attention, even earning the […]
When AI meets healthcare: The compliance challenges of GPT Health
Big AI models are rapidly moving into regulated sectors, and healthcare is no exception. Recent developments show regulators in the US and Europe increasing scrutiny of AI use in healthcare and life sciences, while insurers and healthcare providers accelerate AI adoption despite uneven governance readiness. This combination of regulatory pressure and rapid deployment helps explain […]
AI regulation in Europe: Enforcement is fragmented, the rules are shifting and businesses are caught in the middle
For many businesses, the EU AI Act still feels like a future problem. Something complex, unfinished, and safely parked behind unanswered questions about regulators, guidance, and enforcement. That assumption is quickly becoming outdated. As of January 1st, Finland became the first EU member state with fully operational AI Act enforcement powers. While much of Europe […]
UK tightens laws on AI-generated sexual deepfakes. What organisations need to know
The UK government has moved decisively to criminalise the creation of non-consensual intimate images using AI, bringing forward provisions of the Data (Use and Access) Act (DUAA) that were previously expected to come into force more gradually. From this week, creating or requesting the creation of AI-generated intimate images without consent is a criminal offence, […]
One sanctions list. What does the UK’s 2026 change mean for your compliance framework?
From January 28, 2026, the UK Sanctions List will become the single authoritative source for all UK sanctions designations. At the same time, the OFSI Consolidated List of Asset Freeze Targets will be retired and will no longer be updated. While this may look like an administrative tidy-up, it is actually a material compliance […]
When AI hallucinates and lawyers pay: The $86K legal wake-up call
The era in which AI-hallucinated case citations could be dismissed as a novelty is clearly over. In August 2025, the Southern District of Florida imposed nearly $86K in sanctions against plaintiffs’ counsel in the case, ByoPlanet International, LLC v. Johansson and Gilstrap. It is now the largest sanction to date for filing hallucinated AI-generated […]
AML reform or regulatory overload? Why the Law Society is pushing back on the single supervisor plan
The UK government’s latest proposals to reform the anti-money laundering (AML) and counter-terrorism financing (CTF) supervision regime have raised concerns across the legal sector. At the heart of the debate is a proposal to create a Single Professional Services Supervisor (SPSS) under the oversight of the Financial Conduct Authority (FCA). The Law Society of England […]
The Meta ruling that could change Europe’s data playbook
Europe’s highest courts have delivered one of the largest rebukes yet to the digital advertising industry. In a landmark decision handed down in December, Austria’s Supreme Court ruled that Meta’s personalised advertising model breaches GDPR, and this judgment is immediately enforceable across the EU. It could also reshape how user data can be used for […]
The Prince Group case: Dirty money, criminal ecosystems and the future of money laundering enforcement
When authorities across the US, the UK, Singapore and much of Asia began seizing hundreds of millions, and in the US case, billions, of dollars in assets linked to Cambodia-based Prince Holding Group, the scale of the operation immediately drew attention. The US Department of Justice’s forfeiture action alone, targeting over 127,000 bitcoin worth approximately […]