U.S. Treasury Secretary Scott Bessent has issued a forceful directive to the nation’s leading financial institutions, calling on them to...

Banks and other financial institutions in the United States flagged a staggering $1.4 billion in suspicious transactions in 2024, playing...

TD Bank’s chair Alan MacGibbon described the bank’s admission of anti-money laundering failures as its “darkest day” during a tense...

Hundreds of retail businesses across England and Wales have been raided by UK police in a sweeping operation aimed at dismantling...

Block Inc., the parent company of Cash App, has been hit with a $40 million penalty by the New York Department of Financial Services...

Dutch financial giant Rabobank has announced that it has been unable to reach an out-of-court settlement with prosecutors in a case...

The U.S. Department of Justice (DOJ) officially disbanded its cryptocurrency investigation division on Monday, a move that signals...

Financial institutions in the United States reported over $1.4 billion in suspicious transactions tied to fentanyl activity in 2024,...

The European Commission has received a stark warning from BusinessEurope, the continent’s most prominent business lobby, cautioning that...

Two members of a criminal gang have been sentenced to a total of 13 years in prison after laundering millions of pounds by taking...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €200,000 settlement with Cyprus Investment Firm (CIF) Colmex Pro Ltd...

The British Gambling Commission (UKGC) and the newly established Gambling Regulatory Authority of Ireland (GRAI) have signed a memorandum...

Australia’s financial intelligence unit, AUSTRAC, has raised concerns over potential anti-money laundering lapses in the country’s...

British gambling giant Entain, the owner of Ladbrokes, is facing serious allegations in Australia over its failure to act on suspected...

Private banking group Edmond de Rothschild Europe has reached a €25 million agreement to settle criminal allegations stemming from its...

New Zealand is making significant progress toward establishing a regulated online casino market, with plans to introduce licensed iGaming...

Transparency International has urged Switzerland to refrain from diluting its proposed beneficial ownership register, cautioning that...

UK law enforcement agencies have been conducting raids on Turkish barber shops amid concerns that criminal organizations are using them...

A faction of ISIS is using cryptocurrency to launder as much as $25,000 each month, according to the U.S. Treasury’s Financial Crimes...

The total value of Russian assets frozen in Switzerland due to economic sanctions on Moscow increased to 7.4 billion Swiss francs ($8.38...