Macau's former chief prosecutor has been charged with nearly 2,000 counts of fraud, money laundering and other crimes, former Venezuelan soccer federation head Rafael Esquivel pleaded guilty to money laundering, and more, in this week's roundup.
Germany may push the EU to adopt a new round of sanctions against Russia, Bank of Tokyo-Mitsubishi, HSBC and OCBC Bank are set to test the use of blockchain technology to screen transactions in a trial run, and more, in this week's roundup.
Brazils senate suspended President Dilma Rousseff for up to six months while she waits for an impeachment trial, American officials are investigating more than a dozen businesses potentially linked to Brazil's Petrobras scandal, and more, in this week's roundup.
The Vatican received 544 suspicious activity reports in 2015, Australia's financial intelligence unit proposed extending AML regulations to virtual currency companies, and more, in this week's 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.
Brazilian state prosecutors are seeking the arrest of former President Luiz Inacio Lula da Silva for allegedly violating money laundering laws, Russia's financial intelligence unit said it has discovered 42 domestic organizations that finance terrorism, and more, in this week's roundup.
The European Central Bank shuts down a financial institution for AML failures for the first time, French officials question whether UBS AG pressured a whistleblower and more, in this week's news roundup.
The United States and China agreed on draft resolutions to expand U.N. sanctions against, a Belgian court indicted UBS AG on charges of money laundering and tax evasion, and more, in this week's roundup.