Reported by Elena Servettaz (Summary featured below. To read full report, go to: https://www.swissinfo.ch/eng/swiss-position/how-switzerland-got-caught-in-the-magnitsky-case-again/91255290) Switzerland’s handling of the long-running Magnitsky affair has once again come under international scrutiny, as European lawmakers prepare to formally criticize the country’s response to one of the most consequential money-laundering cases tied to Russia. The case, rooted in a $230 […]

Reported by Camilla Turner (Summary shared below. To read full report, go to: https://www.telegraph.co.uk/news/2026/04/18/banking-giants-accused-links-iran-money-laundering/?WT.mc_id=tmgoff_li_accused-links-iran-money-laundering/) The story unfolding around HSBC, Standard Chartered and several of their American counterparts is less about deliberate wrongdoing and more about the invisible architecture of globalization—how money moves, often faster than the rules meant to govern it. A U.S. judge has […]

Reported by Marko Zivkovic (Excerpt shared below. To read full report, go to: https://appleinsider.com/articles/26/04/16/320m-money-laundering-scheme-uncovered-using-icloud-backup) An iCloud backup played a crucial role in the discovery of a money laundering ring in Brazil. Brazil’s federal police have uncovered a large-scale money laundering group involving influencers and musicians, all thanks to an iCloud backup. iCloud backups have played a key […]

Reported by Florian Müller (Excerpt shared below. To read full report, go to: https://www.ft.com/content/14f5c788-eb64-4033-8df8-ca33174b724e?syn-25a6b1a6=1) Deutsche Bank has reported itself to financial regulators over potential breaches of EU sanctions rules involving Russian clients, months after its Frankfurt headquarters were raided as part of a separate money-laundering investigation linked to Russian oligarch Roman Abramovich. The German lender […]

Reported by FinTech Globsl (Excerpt shared below. To read full report, go to: https://fintech.global/2026/04/15/norbloc-ab-tapped-for-uaes-e-kyc-transformation/) The Central Bank of the UAE (CBUAE), the country’s primary financial regulatory authority, has announced the creation of a nationwide unified electronic Know Your Customer (e-KYC) platform, with Swedish technology firm Norbloc AB named as its technical partner. The initiative forms a […]

(Excerpt shared below. To read full report, go to: https://gamingamerica.com/news/1059519/treasury-sanctions-two-cartel-linked-casinos-used-to-launder-money-and-stash-fentanyl) Reported by Colin Lynch The US Treasury has sanctioned two Mexican casinos with direct ties to one of the country’s most violent drug trafficking organizations.  The action, announced April 14 by the Office of Foreign Assets Control, targets Casino Centenario and Diamante Casino, both linked to […]

Reported by Patricia Cohen and Robert Gebeloff (Summary featured below. To read full report, go to: https://www.nytimes.com/2026/04/13/business/economy/iran-imports-exports-china.html?searchResultPosition=2) For nearly half a century, Iran has existed under the weight of sweeping international sanctions, cast as a global outlier because of its nuclear ambitions, support for militant groups and record on human rights. Yet those restrictions, imposed by the […]

Reported by Peeyush Singh (Excerpt shared below. To read full report, go to: https://appinventiv.com/blog/kyc-automation-benefits-use-cases-guide/) What Is KYC Automation? KYC automation is a more organised way for institutions to manage identity verification. Instead of checking every document manually, the process moves through a series of defined steps that collect information, validate details, and apply the same […]

Reported by Ankur Shah (Excerpt shared below. To read full report, go to: https://www.costar.com/article/1448830495/the-case-for-reverse-kyc-know-your-lender) Your reverse KYC checklist The benefits of partnering with a lender who understands the nuances of hotel investing may outweigh the basis point savings offered by a generalist. To ensure you are partnering with an experience hotel lender, consider asking potential […]

Reported by Tatiana Bautzer (Excerpt shared below. To read full report, go to: https://www.reuters.com/business/finance/citigroup-says-ai-helps-speed-account-openings-systems-upgrades-2026-04-08/) Citigroup is using artificial intelligence to speed up ‌account openings and the retirement of old software, the U.S. bank’s head of technology, Tim Ryan, said, as the firm pushes to improve productivity. U.S. banks are embracing AI, the biggest technological upheaval to […]