Swiss private bank installs Bitcoin ATM, U.S. lawmakers propose new sanctions against foreign banks tied to North Korea, and more, in this week's roundup.
U.K. and French tax investigators uncover an alleged £440 million scheme to launder alcohol-fraud profits, U.S. special prosecutor focusing on allegedly illicit transactions by associates of President Donald Trump, and more, in this week's roundup.
Deutsche Bank close to settling Federal Reserve investigation, Justice Department houses federal attorney with U.K. Financial Conduct Authority, and more, in this week's roundup.
Credit Suisse reportedly investigating mirror-trade scheme involving Russian subsidiary, China threatens to close Bitcoin exchanges caught violating anti-money laundering regulations, and more, in this week's roundup.
President-elect Donald Trump's advisors are considering options for expanding sanctions against Iran, the European Council proposed designating the sale of high-value cultural items pillaged from conflict zones in Syria as terrorist financing, and more, in this week's roundup.
Deutsche Bank has enacted a hiring freeze amid a series of expensive legal and regulatory settlements, U.S. officials are preparing a new round of sanctions against Russia, and more, in this week's roundup.
U.N. sanctions on Iran's Bank Sepah and Bank Sepah International were removed as part of a "secret" deal between U.S. and Iranian officials, the Fed ordered the Agricultural Bank of China to overhaul its AML program, and more, in this week's roundup.
OFAC designated the Pacnet Group as a transnational criminal organization, Canadian lenders Scotiabank, RBC and CIBC together formed nearly 2,000 offshore firms in the Bahamas according to leaked documents, and more, in this week's roundup.
Brazil's former President Luiz Inacio Lula da Silva denied wrongdoing after prosecutors charged him with money laundering, an Iranian lawmaker said that Iran's cooperation with FATF is crucial to the country's reengagement with the global financial system, and more, in this week's roundup.
U.N. Security Council members failed to reach the consensus needed to pass sanctions against Syria, Haiti adopted AML and counterterrorist financing controls, and more, in this week's roundup.
French lawmakers are set to vote on legislation that would establish a new anti-graft agency, the Federal Reserve entered into a written agreement with Liberty Bank, and more, in this week's roundup.
HSBC said it has failed to create an effective U.S. risk management program as required in a 2010 action, New York Governor Mario Cuomo approved a new law classifying certain fantasy sports as games of skill, and more, in this week's roundup.
European nations launch investigations into banks tied to the Mossack Fonseca leaks, Miami-Dade county police accuse 22 individuals of using Florida businesses to launder cartel money, and more, in this week's news roundup.
U.S. officials question Deutsche Bank and JPMorgan over their ties to 1MDB, the White House weighs easing Iran's use of the dollar, and more, in this week's news roundup.
Switzerland has agreed to the U.S. Justice Department's request to hand over records from UBS AG and at least 15 other banks linked to Petroleos de Venezuela SA, FinCEN and its Argentine counterpart entered into an MOU, and more, in this week's roundup.
France calls for Libya sanctions, Bank of China weighs potential settlement over Italian allegations of money laundering, and more, in this week's news roundups.