Financial Crime

Anti-Bribery & Corruption

China to Expand Anti-corruption Crackdown to More Sectors

By Manesh Samtani | 14/01/2025

The CCDI will also draft a law to tackle cross-border corruption and strengthen supervision of the spouses and children of officials

PEPs & Sanctions

EU Delivers First €3b Tranche of G7 Loan Funds to Ukraine

By Editors | 14/01/2025

The funds will be repaid from the proceeds of Russian assets that have been immobilised in the EU due to sanctions.

Anti-Money Laundering

Bangladesh Authorities Demand UK Minister’s Financial Records

By Nithya Subramanian | 14/01/2025

BFIU is investigating whether UK minister Tulip Siddiq was involved in siphoning funds from Bangladesh through her links to ousted Prime Minister Sheikh Hasina.

Anti-Money Laundering

AUSTRAC Gains Expanded Powers Under Amended AML/CTF Act

By Sanday Chongo Kabange | 14/01/2025

Law firm Corrs Chambers Westgarth said the new powers, and the speed with which they have taken effect, could indicate that AUSTRAC will pursue individuals more actively

Supervision & Enforcement

US Gives Estonia $50m for its Help in Danske Bank Case

By Nithya Subramanian | 13/01/2025

Estonia will use the funds to combat financial crime, enhance asset recovery, and provide specialised training across the Baltic States and Nordic region

Anti-Money Laundering

Interpol Published First-ever ‘Silver Notice’ at Italy’s Request

By Thisanka Siripala | 13/01/2025

The Silver Notice seeks information from Interpol member countries on the assets belonging to a senior member of the mafia

Market Abuse

ICAC Charges Ex-SFC Official for Interfering with Investigation

By Sanday Chongo Kabange | 13/01/2025

The former associate director allegedly advised subjects of a market manipulation investigation to destroy potential evidence

PEPs & Sanctions

Japan Imposes New Round of Russia-related Sanctions

By Editors | 13/01/2025

The measures target individuals and entities in Russia, China, the UAE, Kazakhstan, Kyrgyzstan, Thailand, Turkey, and Georgia.

Cryptocurrency

Digital Asset Regulation: A Turning Tide in Australia

By Natasha Teja | 13/01/2025

Amid mounting pressure at home and abroad, Australian regulators are slowly turning to face digital assets