The United States has taken the rare step of threatening to bar Swiss private lender MBaer Merchant Bank AG from access to the U.S. financial…
Sweden’s financial watchdog to examine Swedbank anti-money laundering controls
Sweden’s financial regulator has opened a review into whether Swedbank carried out sufficient customer checks to comply with national anti-money-laundering rules, marking renewed scrutiny of…
France opens dual probes into Epstein network over trafficking and financial crimes
French prosecutors have launched two broad investigations into potential criminal activity linked to the late U.S. financier Jeffrey Epstein, focusing on alleged human trafficking and…
Turkey freezes $6.9 million in assets, detains 16 in digital content money-laundering case
Turkish authorities have detained 16 individuals and frozen assets worth approximately 300 million lira in a sweeping financial crimes investigation tied to revenue generated through…
IJM Corp chairman detained briefly in Malaysian anti-graft investigation
Malaysia’s anti-corruption agency has detained the chairman of construction group IJM Corporation for questioning as part of an investigation into alleged corruption involving billions of…
Brazil flags loopholes allowing suspects to hide assets via pooled and escrow accounts
Brazil’s Finance Ministry has urged the country’s central bank to tighten regulations that it says allow criminal suspects and tax evaders to hide assets through…
Europe’s anti-money laundering authority on track to be fully operational in 2028
The European Union’s new agency to combat illicit financial flows said on Wednesday it remains on track to be fully operational in 2028, as it…
First Brands founder Patrick James and brother indicted in New York over alleged multibillion-dollar fraud
First Brands founder Patrick James and his brother Edward were indicted in New York on Thursday, accused of orchestrating a sweeping fraud that prosecutors say…
German police search Deutsche Bank offices in money laundering probe
German federal police carried out searches at offices of Deutsche Bank in Frankfurt and Berlin on Wednesday as part of an investigation linked to suspected…
Guyana opposition chooses leader facing US fraud and money laundering charges
Guyana’s opposition lawmakers have elected businessman Azruddin Mohamed as their new leader, a move that has drawn sharp attention because he is simultaneously fighting extradition…