The founder of the now-defunct Florida digital currency exchange coin.mx pleaded not guilty to money laundering, the EU is set to extend sanctions against Russia for another six months, and more, in this week's roundup.
French judicial officials will decide in a month whether prosecutors have gathered enough evidence to try the son of Equatorial Guinea's president, Singapore initiated its first-ever terrorism financing case under a 2002 law, and more, in this week's roundup.
Nigerian Justice Minister Abubakar Malami has called for an upcoming U.K. anti-corruption summit, the U.S. Treasury Department blacklisted Panama-based Balboa Bank & Trust, and more, in this week's roundup.
Inadequate supervision over a U.S. immigration program through which wealthy foreigners can more easily obtain residency visas in exchange for investments could expose banks and brokers to legal and regulatory scrutiny, say analysts.
U.S. prosecutors accuse two Beirut residents of helping Hezbollah launder drug money, FIFA suspends its president for ethics violations, and more, in this week's news roundup.
FATF released its first-ever mutual evaluation of Cuba, Deutsche Bank will invest in technology to better prevent money laundering, and more, in this week's roundup.
Swiss officials review the role of safe-deposit-box companies in tax evasion, Malaysia blocks the planned handover of records on a troubled sovereign wealth fund, and more, in this week's news roundup.
New York State has received 22 applications for BitLicenses, Brazilian authorities conducted 10 raids and made one arrest in a corruption probe, and more, in this week's roundup.
Visa is calling for an independent and impartial group to oversee reforms at FIFA, Spanish officials accused prominent Madrid priest Jose Luis Montes of laundering millions of euros, and more, in this week's roundup.
The U.K., Brazil and Costa Rica have opened their own corruption and money laundering probes of FIFA officials, Cuba's designation as a State Sponsor of Terrorism was formally rescinded by the U.S., and more, in this week's roundup.
OFAC blacklists Colombian fast-boat drug traffickers, federal officials reportedly probe Normandie Casino for AML violations, and more, in this week's news roundup.
Finter Bank Zurich AG reached a non-prosecution agreement that requires the lender to pay $5.4 million for tax-related offenses, authorities in Switzerland plan to revise the country's data-sharing laws, and more, in this week's roundup.
FinCEN is seeking to better define and understand the money-laundering risks associated with real estate closings, a senior Israeli tax official told a gathering of attorneys in Tel Aviv that the country is close to concluding its investigation of UBS, and more, in this week's roundup.
The UN could impose targeted sanctions against Mali in response to recent violence, Israeli authorities arrested three individuals for allegedly transferring money on behalf of Hamas, and more, in this week's roundup.
Royal Bank of Canada said that a French judge has dropped money-laundering charges against its Bahamas branch, Panama's legislature approved a bill that will impose AML requirements on over a dozen nonfinancial sectors, and more, in this week's roundup.
The possible nuclear accord between Iran and six nations could galvanize the country's languishing automobile sector, hundreds of Russian banks are closing as a result of a sanctions-induced economic crisis, and more, in this week's roundup.
HSBC must pay a $1.1 billion bail after French officials filed criminal tax evasion charges, Greek Prime Minister Alexis Tsipras called on the EU to end its sanctions against Russia, and more, in this week's roundup.
A federal court approved the terms of a U.S. settlement with Commerzbank AG for sanctions violations, Bangladesh approved a national AML and counterterrorist financing strategy, and more, in this week's roundup.
Russian lawmakers are considering legislation that would give amnesty to anyone bringing capital back to Russia, Canadian lawmakers pledged to approve a so-called Magnitsky Act that would blacklist Russian officials complicit in human rights violations, and more, in this week's roundup.
The Obama administration steps up its congressional lobbying ahead of a possible Iran sanctions deal, House lawmakers say they will investigate terrorist financing with a new taskforce, and more, in this week's news roundup.