Reported by Andrew Wong (Excerpt shared below. To read full report, go to: https://sg.news.yahoo.com/3b-money-laundering-case-two-201225970.html) Two suspects linked to the $3 billion money laundering case spent more than $69.8 million on properties in London while on the run from the authorities in Singapore. The Straits Times, working with investigative reporting group Organised Crime and Corruption Reporting […]

Reported by Amazon As the busy shopping season approaches, stay informed with these tips to help recognize impersonation scams – when a scammer pretends to be a trusted company and reaches out to try to get access to sensitive information like personal or financial information, or Amazon account details. Tips to help stay safe: Always […]

Reported by Reuters (Summary featured below. To read full report, go to: https://www.reuters.com/sustainability/boards-policy-regulation/india-crime-agency-attaches-anil-ambani-group-properties-worth-over-341-million-2025-11-03/) India’s financial crime agency has frozen 75 billion rupees ($853 million) worth of properties linked to companies of the Reliance Anil Ambani Group as part of a money-laundering probe, it said in a statement on Monday. The move relates to cases involving Reliance […]

Reported by Financial Times (Summary of two articles featured below. To read both reports, go to: https://www.ft.com/content/0e8a40e1-0ccd-4c45-83c5-1986d9641884 and https://www.ft.com/content/d3540c0b-a68c-484e-a628-7c720a850e0b) The White House has ordered federal regulators to review and address alleged “debanking” practices, intensifying a political and regulatory dispute over whether banks have restricted services based on clients’ political beliefs or business activities. President Donald […]

Reported by Simon Tuck (Excerpt shared below. To read full report, go to: https://ca.news.yahoo.com/financial-crimes-including-money-laundering-130005338.html) Canada’s financial intelligence agency is reporting that it easily set a new mark last year in the number of cases that it sent to police for possible criminal investigation, just one metric in the broader picture of a country facing escalating […]

Reported by Mayer Brown LLP (Excerpt shared below. To read full report, go to: https://www.reuters.com/practical-law-the-journal/litigation/tornado-cash-verdict-developer-liability-implications-2025-11-01/) Implications of the Verdict The mixed verdict in the Tornado Cash trial underscores the uncertainty for developers and operators of decentralized privacy-preserving platforms. There are, however, important inferences that can be drawn from the verdict, including that: Despite the technical […]

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 […]