From record anti-money laundering penalties to new oversight of ESG ratings, regulators on both sides of the Atlantic have been busy. Here’s what compliance professionals need to know:

• AML enforcement is intensifying: FINRA fined a broker-dealer $4.2 million for AML, identity theft, and best execution failures; the OCC imposed record AML penalties on large national banks; and FinCEN urged firms to factor FATF’s updated high-risk jurisdiction lists into their compliance programs.
• The SEC is busy on several fronts: It raised the thresholds that define small entities for funds and advisers, granted relief from certain Treasury clearing requirements, and charged an adviser over undisclosed conflicts and misleading hedge clauses.
• ESG ratings come under UK oversight: The FCA will begin authorizing ESG rating providers in June 2027, with its new framework taking full effect in June 2028.
• AI is outpacing workplace support: Gallup found U.S. employee engagement fell to 29%, a 15-year low, with the steepest declines at organizations adopting AI.

But wait, there’s more. This week’s full roundup, as well as the penalties, remediation requirements, and practical steps firms should take now, from FiSolve is here.