Reported by Noele Illien and Myriam Balezou (Summary featured below. To read full report, go to: https://www.bloomberg.com/news/articles/2026-03-25/switzerland-s-mbaer-merchant-bank-brought-down-by-iran-money-laundering-claims?embedded-checkout=true) The collapse of MBaer Merchant Bank AG has exposed how a small Swiss institution allegedly became entangled in a global money-laundering network linking Venezuela, Iran, and Russia. Founded in 2018 by former private-banking executives including Mike Baer and Paul‑Michel von […]

Reported by Tech in Asia (Excerpt shared below. To read full report, go to: https://www.techinasia.com/news/hsbc-weighs-20000-job-cuts-as-ai-reshapes-operations) HSBC is weighing deep job cuts over the next three to five years as CEO Georges Elhedery plans to use AI to shrink middle and back offices. People familiar with preliminary deliberations said the moves could affect about 20,000 roles or […]

Reported by The White House (Excerpt shared below. To read full report, go to: https://www.whitehouse.gov/articles/2026/03/president-donald-j-trump-unveils-national-ai-legislative-framework/) This framework addresses six key objectives: Protecting Children and Empowering Parents: Parents are best equipped to manage their children’s digital environment and upbringing. The Administration is calling on Congress to give parents tools to effectively do that, such as account controls […]

Reported by Lulu Yilun Chen and Denise Wee (Excerpt shared below. To read full report, go to: https://www.bloomberg.com/news/articles/2026-03-19/jpmorgan-shut-china-tycoon-s-account-that-made-millions-for-bank?embedded-checkout=true) JPMorgan Chase & Co. has shut the private banking account of Tang Hao, a Chinese investor who rose to prominence after taking a multibillion-dollar stake in one of the world’s top-performing stocks, according to people familiar with the matter. Tang […]

Reported by Robert Booth (Excerpt shared below. To read full report, go to: https://www.theguardian.com/technology/2026/mar/22/palantir-extends-reach-into-british-state-as-it-gets-access-to-sensitive-fca-data) Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal. The Financial Conduct Authority (FCA) […]

Reported by SARAH DAVIS (Excerpt featured here. To read full report, go to: https://thehill.com/policy/energy-environment/5794259-trump-lifts-iranian-oil-sanctions/amp/) The Trump administration lifted sanctions on Iranian oil stuck at sea on Friday evening as the conflict between the U.S. and Iran continues to hike up global energy costs. “Today, the Department of the Treasury is issuing a narrowly tailored, short-term […]

Reported by Napier AI

Reported by the U.S. Department of the Treasury (To read full report, go to: https://home.treasury.gov/system/files/246/2026-NMLRA.pdf) The U.S. Treasury’s 2026 National Money Laundering Risk Assessment (NMLRA) evaluates the most significant money-laundering threats, vulnerabilities, and risks affecting the United States. Covering the period from January 2024 through December 2025, the report uses data from law-enforcement investigations, regulatory […]

Reported by NC Attorney General Jeff Jackson Fentanyl kills about six North Carolinians a day and over 100 Americans a day. Billions of dollars in drug proceeds are laundered each year through an underground banking network that relies heavily on the messaging platform WeChat. Until now, the company has done little to help law enforcement […]

Reported by Benjamin Weiser and Colin Moynihan (Excerpt shared below. To read full report, go to: https://www.nytimes.com/2026/03/11/nyregion/halkbank-turkey-sanctions-money-laundering.html) A Manhattan federal judge on Wednesday took a first step that could lead to the dropping of criminal charges against a Turkish bank that has been accused of laundering billions of dollars of Iranian oil and natural gas proceeds. The […]