Compliance AlertIssue 19Week ending
This issue inENFRAR

Europe locks in, Washington loads up.

Brussels froze its Russia list in place until 2029, Washington signed its toughest Russia and Iran sanctions law in years, and OFAC went after another Iranian crypto exchange. A leak from Curaçao's gambling regulator put hidden ownership back on the agenda, while the enforcement file was about basics: out-of-date policies and missed suspicious transaction reports.

By Vyra from YouverifyPublished
7Stories
3Sanctions spotlight
1Enforcement actions
3Trends
This week at a glance

Seven stories, three categories

The stories in this issue, with their category and date
#CategoryStoryDate
01Sanctions spotlightEU locks in Russia asset freezes until 2029
02Sanctions spotlightSanctioning Russia and Iran Act becomes US law
03Sanctions spotlightOFAC designates Iranian crypto exchange BitBank
04Enforcement actionsFINTRAC publishes four credit-union penalties
05TrendsCuraçao leak exposes owners behind 650 gambling licences
06TrendsFT: Kremlin-backed A7 moved $6.9bn through global banks
07TrendsUS RegTech funding falls 28% in H1 2026
What to do before Monday

Refresh EU and OFAC screening lists and re-run matches affected by the Usmanov and Fridman delistings; map exposure to Russian banks named in the new US Act; re-verify beneficial owners of gambling-sector merchants after the Curaçao leak; and check that written AML policies, risk assessments and due diligence evidence are current and approved.

Sanctions spotlight

01
Sanctions spotlight · Council

EU locks in Russia asset freezes until 2029

The Council of the EU extended its individual sanctions over Ukraine's territorial integrity for three years, to 22 September 2029, replacing six-monthly renewals. Over 3,000 individuals and entities stay listed. The Council did not renew three individuals and one entity and removed three deceased persons; the delisted individuals reportedly include Alisher Usmanov and Mikhail Fridman.

Key takeaway

Re-screen against the updated consolidated list now. Delistings change match outcomes, and national lists may diverge from the EU baseline where member states act alone.

Sources: Council of the EU press release, 22 Sep

02
Sanctions spotlight · H.R. 5334

Sanctioning Russia and Iran Act becomes US law

Signed on 18 September, H.R. 5334 permits duties of up to 100% on imports from the five largest buyers of Russian crude or gas and up to 500% on Russian-origin goods. Within 30 days of enactment the President must sanction the Bank of Russia, Sberbank, VTB and Gazprombank. The Act also extends the Iran Sanctions Act from 2026 to 2031.

Key takeaway

Correspondent banks and trade-finance desks should map exposure to named Russian banks and to top Russian-oil importing jurisdictions before the 30-day deadline.

Sources: H.R. 5334 enrolled text · White House, 18 Sep

03
Sanctions spotlight · US Treasury

OFAC designates Iranian crypto exchange BitBank

Under Operation Economic Outcast, OFAC designated BitBank, an Iranian digital-asset exchange controlled by designated financier Babak Zanjani, its developer Pishtaz Simorgh Electronic Trade Company and three individuals. Treasury says hundreds of millions of dollars' worth of Bitcoin moved to the IRGC through BitBank in June and July 2026.

Key takeaway

Crypto platforms and banks with digital-asset exposure should load the new identifiers into screening and look back over any flows touching Iranian exchanges.

Sources: US Treasury press release SB0632 · OFAC Recent Actions

Enforcement actions

04
Enforcement actions · FINTRAC

FINTRAC publishes four credit-union penalties

FINTRAC published administrative monetary penalties against four Canadian credit unions and caisses totalling CAD 816,750. The largest, CAD 676,500 against Caisse populaire acadienne ltée in New Brunswick, included four failures to report suspicious transactions. Caisse populaire Alliance (CAD 82,500), Pathwise Credit Union (CAD 41,250) and Your Neighbourhood Credit Union (CAD 16,500) complete the set.

Key takeaway

All four were cited for written compliance policies that were not kept up to date and approved. Programme hygiene, not exotic typologies, is what is being penalised.

Sources: FINTRAC news releases, 24 Sep

Cite this issue

Vyra from Youverify. "Europe locks in, Washington loads up.." Youverify Weekly Compliance Alert, issue 19, 25 September 2026. https://youverify.co/compliance-alert/2026-09-25. Accessed 25 September 2026.

How this issue was verified

Sources verified on 25 September 2026. Figures are as reported by the cited source; this briefing is for information and is not legal advice.