AML

The U.S. Department of Justice has reached a temporary staffing compromise that will return about 40 white-collar prosecutors, including those focused on insider trading, to the Criminal Division’s fraud section, reversing an April transfer to the Trump administration’s new fraud division.

Hungarian prosecutors and police have seized around 92 billion forints ($300 million) in funds and securities in a money laundering probe of foundations set up by the National Bank of Hungary.

China has launched the biggest overhaul of its cross-border tax and capital-controls regime in decades, threatening three popular offshore brokers with at least $330 million in penalties, vowing stricter bank oversight, and ramping up private pressure on the country’s wealthiest citizens.

Italian authorities are seizing more than €200 million ($232 million) in assets tied to late Mafia boss Matteo Messina Denaro, including funds derived from drug trafficking and laundered across Europe and beyond.

A senior White House adviser personally directed the Pentagon to extend a $620 million loan to Vulcan Elements, a North Carolina rare-earth magnet startup partly owned by a venture firm tied to Donald Trump Jr.

A federal court in Brooklyn vacated corruption charges Wednesday against two defendants convicted in the U.S. crackdown on FIFA bribery, after the Trump administration said the cases no longer fit its prosecutorial priorities.

A Houston-based petroleum trader raided last month by U.S. federal agents is under investigation in Mexico in connection with a suspected fuel smuggling scheme linked to the Jalisco New Generation Cartel (CJNG).

Mainstream cryptocurrency companies including Kraken, Gemini, and Cumberland DRW transferred billions of dollars in bitcoin to ATM operators that authorities have repeatedly accused of facilitating scams targeting elderly and vulnerable Americans.

The Netherlands faces a growing threat from organized crime that is silently corroding state institutions, public services, and democratic governance, according to a new threat assessment published Tuesday by the Strategic Knowledge Centre on Undermining Criminality (SKC).

Singapore’s financial regulator has directed private banks to reduce account opening wait times to within one month by year-end, as the city-state moves to reassert itself as a global wealth management hub after a series of money-laundering scandals.