INTERNATIONAL

Enforcement

Four Arrested in International Operation Against 8Base Ransomware Group

By Thisanka Siripala | 14/02/2025

The international operation involved law enforcement agencies from 14 countries, including the US, UK, Japan, Singapore and Thailand.

Sanctions

US Releases Convicted Former Operator of BTC-e in Prison Swap

By Editors | 14/02/2025

Alexander Vinnik was in US custody awaiting sentencing after pleading guilty last year for conspiracy to commit money laundering.

Fintech / Regtech

OECD Launches Global Reporting Framework for Advanced AI Systems

By Manesh Samtani | 13/02/2025

Amazon, Anthropic, Google, Microsoft, and OpenAI are among those that have pledged to submit reports under the new framework

AML / KYC

Transparency International: Global Corruption to Impact Climate Action

By Nithya Subramanian | 13/02/2025

Latest Corruption Perceptions Index results highlight that weak anti-corruption efforts threaten democracy, enable money laundering, and put climate funds at risk

Crypto / Digital Assets

OECD Offers Recommendations to Boost Tokenisation in Markets

By Thisanka Siripala | 12/02/2025

New OECD report outlines factors hindering broader adoption of asset tokenisation and offers a series of recommended policy actions.

Fintech / Regtech

UK and US Refuse to Sign AI Declaration at Paris Summit

By Thisanka Siripala | 12/02/2025

The UK said the declaration lacked clarity on global governance and did not sufficiently address national security risks.

Sanctions

US Announces Tariffs on Steel and Aluminium Imports

By Editors | 12/02/2025

Exemptions previously granted to certain countries will end and the duty rate on aluminium increases from 12 March.

Sanctions

US DOJ Shifts Focus to Cartels and Transnational Crime

By Manesh Samtani | 11/02/2025

The DOJ is disbanding Task Force KleptoCapture and changing the way the FCPA and Foreign Agents Registration Act are enforced.

Sanctions

US Seizes Second Plane Belonging to Venezuela

By Editors | 10/02/2025

The seizure was overseen by US Secretary of State Marco Rubio. The Venezuelan foreign ministry called him “an aircraft thief”.