Financial crime

UN Security Council Extends Central African Republic Sanctions Regime Under Resolution 2827

The United Nations Security Council (UNSC) has unanimously adopted Resolution...

EU Tightens Energy Sanctions with New Refinery Transaction Bans and Expanded Oil Trade Restrictions

The European Union has strengthened its energy sanctions regime by introducing...

Italy Fines Bird, Dott and Lime €2.7 Million Over Unfair Commercial Practices

Italy’s competition authority has imposed fines totalling nearly €2.7...

US Senate Report Criticises Deutsche Bank and Bank of America Over Delayed Reporting of Epstein-Linked Transactions

A report by the US Senate Committee on Finance has found that Deutsche Bank and...

UBS Hit with Record $125 Million FinCEN Penalty Over Repeat AML and Bank Secrecy Act Violations

UBS Financial Services Inc. (UBSFS) has been hit with a record $125 million...

Guinea Launches Second National ML/TF/PF Risk Assessment with GIABA Support

The Republic of Guinea has commenced its second National Money Laundering,...

ECB Orders Bank CEOs to Submit AI Cyber Risk Mitigation Plans

The European Central Bank (ECB) has instructed the chief executives of...

Wall Street Bank’s Probe: US Senators launch probe into Epstein Accounts...

When 40% of VAT Goes Missing: Botswana’s Compliance Wake-Up Call

Botswana’s estimated 40 percent Value Added Tax (VAT) compliance gap has...

Forged State Documents Probe: A Governance Crisis Exposing Weaknesses in Nigeria’s Institutional Controls

Nigeria’s public accountability framework is facing renewed scrutiny following...