United States

Fraud, Scams & Cybercrime

Authorities Charge Russian Leader of Cybercrime Group LockBit

By Manesh Samtani | 08/05/2024

US prosecutors unsealed 26 charges against Dmitry Khoroshev, who is now also sanctioned by the US, UK and Australia.

PEPs & Sanctions

OFAC Deploys New Sanctions List Service

By Editors | 08/05/2024

The new service is intended to provide users with easy access to the most up-to-date sanctions lists and sanctions list data.

PEPs & Sanctions

US Revokes Licences Allowing Chip Exports to Huawei

By Editors | 08/05/2024

Some companies have been notified that their licences to ship goods to Huawei are effectively revoked.

Fraud, Scams & Cybercrime

Thailand Targets Mule Accounts in Scam Crackdown

By Mark Johnston | 07/05/2024

Over 300,000 mule accounts have been closed since November. Further measures to address mule accounts in development.

AI Risk & Governance

CFTC Publishes Report on Responsible AI in Markets

By Manesh Samtani | 07/05/2024

The report offers five recommendations on how the CFTC should safeguard financial markets from AI-related risks.

Anti-Money Laundering

US Prosecutors Secure Guilty Plea from Ex BTC-e Operator

By Editors | 06/05/2024

Alexander Vinnik was facing up to 55 years in prison, but due to a plea bargain he is expected to receive a prison term of less than ten years.

PEPs & Sanctions

US Officials in Malaysia, Singapore This Week to Discuss Sanctions

By Editors | 06/05/2024

Treasury’s Brian Nelson and Neil MacBride will meet with the Malaysian and Singapore financial sectors to discuss compliance and enforcement efforts.

PEPs & Sanctions

Russia Expected to Retaliate Against Asset Confiscation

By Manesh Samtani | 06/05/2024

Confiscation of Russia’s frozen foreign reserves could result in foreign-owned private assets being seized.

Trading & Investment

CFTC May Revoke US Permissions to Trade TAIEX Futures

By Editors | 04/05/2024

TSMC has accounted for more than a 30 percent weighting in the TAIEX for 45 trading sessions in a row.