Reported by Sam Goldfarb (Summary shares below. To read full report, go to: https://www.wsj.com/finance/investing/wall-street-intensifies-scrutiny-of-fraud-after-spate-of-loan-losses-0397bc55?mod=mhp) A surge of alleged corporate frauds has rattled Wall Street, pushing banks and investors to tighten their lending practices and enhance due diligence. In response to recent loan losses, lenders are demanding longer financial histories from borrowers and incorporating stricter oversight […]

Reported by FinCEN (Summary featured below. To read full report, go to: https://www.fincen.gov/system/files/2025-10/FTA-Iranian-Shadow-Banking.pdf) FinCEN’s latest Financial Trend Analysis exposes a vast global shadow banking operation that helped Iran skirt U.S. sanctions and funnel billions through the international financial system. Drawing from 2024 Bank Secrecy Act (BSA) data, the agency identified roughly $9 billion in suspicious […]

Reported by Finech Team (Below are key takeaways from the original article located at: https://www.rennoco.com/blog/new-aml-regulations-canada) The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is rolling out landmark anti-money-laundering reforms slated for late 2025 under Bill C‑2 — reforms driven by evolving fintech models, cross-border flows and heat from global standards. For businesses operating […]

Reported by Julie Searle, Zach McHenry, and Daniella Torrealba (Excerpt shared below. To read full report, go to: https://www.nortonrosefulbright.com/en-us/knowledge/publications/383b5ba5/canada-announces-new-financial-crimes-agency-what-us-businesses-need-to-know) On October 20, 2025, Canadian Finance Minister Francois-Philippe Champagne announced plans to implement heightened financial regulatory and enforcement measures. The announcement comes in advance of Canada’s upcoming federal budget (Budget 2025), which the Prime Minister is expected to […]

Reported by Matthew GoldsteinDavid EnrichJessica Silver-Greenberg and Steve Eder (Excerpt shared below. To read full report, go to: https://www.nytimes.com/2025/10/30/business/jpmorgan-jeffrey-epstein.html) Weeks after Jeffrey Epstein died in federal custody in 2019 awaiting prosecution on sex-trafficking charges, JPMorgan Chase filed a report alerting the U.S. government to tens of millions of dollars of potentially suspicious transactions involving him and prominent […]

Reported by Jason Leopold (Excerpt shared below. To read full report, go to: https://www.bloomberg.com/news/newsletters/2025-10-31/jeffrey-epstein-was-subject-of-money-laundering-probe) It’s been almost four months since the Department of Justice and Federal Bureau of Investigation concluded that releasing any portion of the 300 gigabytes that make up the so-called Epstein files would not be “appropriate or warranted.”  Since then, two congressional […]

Reported by BRETT ERICKSON (Excerpt shared below. To read full report, go to: https://thehill.com/opinion/finance/5575054-us-real-estate-money-laundering/amp/) The latest investigation from the Organized Crime and Corruption Reporting Project landed like a quiet indictment of Washington’s complacency.  Reporters traced over $100 million in U.S. real estate to the sons of Iraqi-Kurdish leader Masoud Barzani. The properties were held through shell companies named after […]

Reported by Jun Ji-hye (Excerpt shared below. To read full report, go to: https://www.koreatimes.co.kr/amp/economy/cryptocurrency/20251029/korea-makes-first-legislative-move-to-curb-money-laundering-via-stablecoins) Korea is set to introduce its first legislative measure to bring stablecoins under the Foreign Exchange Transactions Act as part of efforts to block money laundering and tax evasion involving digital assets, National Assembly officials said Tuesday. Stablecoins are digital currencies […]

Reported by Owen Walke (Excerpt shared below. To read full report, go to: https://www.ft.com/content/d684d464-c719-4f7a-bc63-4ff0682e0561) A former Citibank relationship manager pleaded guilty and was sentenced to two years in jail on Thursday in connection with helping a Chinese gang launder money into Singapore in one of the city-state’s biggest financial scandals. Wang Qiming was the first […]

Reported by Marine Link (Excerpt shared below. To read full report, go to: https://www.marinelink.com/news/report-mexican-bootleg-fuel-money-531545) On the afternoon of March 8, a petroleum tanker named Torm Agnes entered the Port of Ensenada on Mexico’s Pacific coast carrying almost 120,000 barrels of diesel. Such a vessel was a rare sight in that port, which mainly hosts cruise […]