Compromised Italian state email behind Revolut data leak, limited free IAFCS 2026 ticket offer.

The Revolut data breach, the biggest story in the world of compliance this week, has highlighted potentially one of the most effective forms of fraud: fake law enforcement data requests.

Revolut handed over its customers' personal details, including copies of their documents, postal addresses and bank and Bitcoin transaction history, following a fake government data request.

It has now been revealed that the official email domain used to request customer data from Revolut came from an Italian public sector agency.

We have more detail on that [ HERE] .

Law enforcement and government agencies send hundreds of thousands of requests each year to banks such as Revolut.

The breach creates a dilemma for these companies - Carlo Boffa, our EU Correspondent, examines this in an analysis piece [ HERE ].

DON'T MISS IAFCS2026, LONDON, OCTOBER 7: Join the top global leaders in the fight against financial crime at 'International Anti-Financial Crime Summit 2026' on October 7.

Financial crime is evolving faster than ever, creating new challenges for organisations across every sector.

IAFCS2026, taking place in London, brings together leading experts, regulators and industry innovators to the latest intelligence, strategies and solutions.

This premier event offers a unique opportunity to gain practical insights into emerging threats, regulatory developments, fraud prevention, AML compliance, sanctions screening, cyber-enabled crime and the technologies transforming financial crime detection. Through expert-led presentations, panel discussions and networking sessions, attendees will leave with actionable knowledge to strengthen their organisation's defences.

Secure your place today and join the professionals shaping the future of financial crime prevention. Tickets are available now, but demand is expected to be high. Book your place [ HERE ].

UK AML STRATEGY: The UK government yesterday launched its new Anti-Money Laundering and Asset Recovery (AMLAR) Strategy for 2026 to 2029.

As part of this, the UK announced a £550 million crackdown on money laundering through high-street businesses, such as barbers and vape shops, which allegedly serve as fronts for organised crime.

TAKE OUR AI COMPLIANCE USE SURVEY : This week also saw the launch of a new survey which will give in-depth insights on how compliance professionals are using AI.

The study from AML Intelligence and NICE Actimize will examine how industry professionals are utilising AI tools.

The results will provide a snapshot of how the industry is using AI, where it sees the greatest value and what barriers remain to wider adoption.

The study is available [ HERE ]. Respondents will get exclusive early access to results and insights. Additionally, those who complete the poll will be in with a chance to win three guest passes to 'International Anti-Financial Crime Summit 2026' (IAFCS) 2026.

Michael Barrett , Vice President of AML Product Management at NICE Actimize, said the future of AI in financial crime and compliance “should be shaped by the people closest to the work”.

“This survey is our opportunity to listen, learn and bring forward practitioner insights that can help the industry move from experimentation to responsible, scalable impact.”

BINANCE DOJ REQUEST; The US Department of Justice (DOJ) is seeking to seize more than $61 million in cryptocurrency linked to Binance accounts.

RUSSIA’S VTB BANK SANCTIONED: The U.S. Treasury Department has sanctioned Russia’s VTB Bank for the third time after the lender attempted to move "billions of frozen Iranian assets".

COMPLIANCE COUNCIL NOVEMBER MEETING: As financial crime risks intensify and regulatory scrutiny continues to grow, the AML Intelligence Compliance Council has become the leading forum for senior AFC, fraud, regulatory and public affairs professionals in the EU.

Its mission will come sharply into focus on November 4, when the Q4 Compliance Council roundtable returns to the European Parliament for its flagship gathering, held in association with the European People’s Party (EPP).

Through exclusive high-level engagement, thought leadership and direct access to policymakers, the Council brings together decision-makers who are driving the fraud, AML, sanctions, compliance and governance agenda at the highest levels. Membership offers a unique opportunity to connect with peers, influence debate and stay ahead of rapidly evolving regulatory developments.

Those interested in attending the November event, or joining the Compliance Council, can our CC executive Tom Downes on tdownes@amlintelligence.com .

AI-POWERED FRAUD: Finally, fraudsters are increasingly turning to artificial intelligence to build more complex, agile and profitable schemes, the head of the Financial Action Task Force (FATF) has warned.

Read the full details [HERE ].

Empower your FCC and Fraud teams to stay ahead of regulatory and financial crime trends with the most trusted journalism and insights in the sector. AML Intelligence members report their teams are more informed, effective, efficient and networked

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