Despite being blacklisted in 2022 and repeatedly pursued by regulators and investigators, Garantex and its network of spin-offs have continued to move vast sums across borders. Between 2019 and 2025, blockchain analytics trace approximately $96 billion in transactions to entities linked to Garantex, with at least $1.3 billion directly associated with criminal activity. These flows were not isolated occurrences but part of a sophisticated, parallel payment ecosystem engineered

The recent $650,000 sanction imposed on EFG Capital International underscores one of the most persistent vulnerabilities in cross-border brokerage operations: the gap between automated anti-money laundering (AML) systems and effective human oversight. The Miami-based broker-dealer, known for its extensive dealings with international clients and intricate wealth structures, came under intense regulatory scrutiny after FINRA concluded that its AML program had failed to detect s

Vietnam’s anti-money laundering (AML) efforts have entered a decisive and highly scrutinized stage as the government moves to close the deficiencies highlighted by the Financial Action Task Force (FATF). Since the country’s inclusion on the FATF grey list in 2023, international attention has focused sharply on its financial institutions, digital asset exchanges, and regulators, all of which are under pressure to prove that their compliance reforms go beyond symbolic measures.

A recent enforcement action has placed DMCL Chartered Professional Accountants squarely under the national spotlight, underscoring that...

The European Banking Authority (EBA) has published a report highlighting attempts within the crypto industry to circumvent newly...

Released on October 8, 2025, the European Banking Authority’s (EBA) final implementation review serves as both a progress assessment and...

In an era of increasingly complex regulatory landscapes, the global gaming industry is undergoing a significant transformation — shifting...

Charlie Javice, the entrepreneur found guilty of defrauding JPMorgan Chase into acquiring her college financial aid startup Frank for...

The U.S. Commerce Department’s Bureau of Industry and Security (BIS) has levied a $685,051 civil penalty against Luminultra Technologies,...

Kuwait has sent a senior delegation to Washington led by Dr. Hamad Al-Mukrad, head of the Kuwait Financial Intelligence Unit (KFIU) and...

The unfolding prosecution of Halkbank has charted an extraordinary course through diplomacy, defiance, and allegations of money...

The saga of Wang Shuiming, a central figure in Singapore’s largest money laundering scandal, has become a flashpoint for debates at the...

Agent banking has become central to financial inclusion across emerging markets, yet it has simultaneously created avenues for money...

A new report has raised concerns that offshore gambling regulators are applying inconsistent and often opaque standards that leave...

Liberia’s Financial Intelligence Agency (FIA) has imposed a fine of L$18.5 million on the Liberian Bank for Development and Investment...

Iran has approved the last of 40 recommendations issued by the global financial crime watchdog, the Financial Action Task Force (FATF), a...

Money laundering continues to represent one of the most corrosive threats to both financial stability and national governance. For...

Egypt and Jordan have emerged as focal points in the MENAFATF’s 2025 assessment cycle, a process that signals a new phase in the Middle...

The Cyprus Securities and Exchange Commission (CySEC) has called on all regulated entities to carefully review the latest strategic...

Money laundering has long been one of the greatest risks facing financial innovation, and the emergence of central bank digital...