A federal trial in Miami is examining whether former U.S. lawmaker David Rivera illegally lobbied American officials on behalf of Venezuela’s government, in a case…
Halkbank hires EY to review sanctions and anti-money-laundering compliance
Turkish state-owned lender Turkiye Halk Bankasi AS has hired consulting firm Ernst & Young to conduct an independent review of its compliance with U.S. sanctions…
How a little-known banker entered Brazil’s political inner circle and sparked a national scandal
For years, Daniel Vorcaro was known primarily in financial circles as the head of Banco Master, a bank whose rapid growth puzzled analysts across Brazil’s…
CFTC names former prosecutor and crypto defense lawyer as enforcement chief
The U.S. Commodity Futures Trading Commission (CFTC) has appointed former federal prosecutor David Miller as its new head of enforcement, a move that comes as…
US moves to cut Swiss bank MBaer off from dollar system over alleged sanctions breaches
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…