Zenoo Compliance Brief
FATF puts Kuwait on grey list for AML/CFT gaps
Plus, global AML spending hits $206bn annually, FinCEN proposes overhaul of programme requirements, and Compliagence.ai expands AI platform globally.
17 March 2026 · 5 min read
Kuwait's grey list designation this month reshapes your country risk matrices. The FATF found strategic deficiencies in its AML/CFT regime, which means tighter scrutiny on correspondent banking and customer onboarding tied to Kuwaiti entities. We've also flagged three stories hitting compliance teams hard: the eye-watering $206bn annual spend on AML and fraud prevention, FinCEN's proposed rewrite of programme rules, and a new AI compliance tool now available worldwide. Read on.
In today's brief
- 1 Why Kuwait's grey-list placement matters for your correspondent banking controls
- 2 Why are banks still bleeding $4.5bn annually on transaction monitoring enforcement actions?
- 3 Will FinCEN's proposed AML program reforms force your institution to retool KYC processes within 18 months?
- 4 Will AI-native compliance platforms shift how firms handle regulatory operations at scale?
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