AML

The Justice Department released its first department-wide corporate enforcement policy for criminal matters, establishing a uniform framework for how prosecutors handle corporate cases across the department, except antitrust matters. 

Signs of hospice fraud in Los Angeles County are worsening despite a state crackdown, with more than 700 of roughly 1,800 licensed hospices in the county showing multiple warning indicators identified by California auditors.

Cambodia’s crackdown on cyber scam compounds has disrupted operations in Phnom Penh and elsewhere, but the multibillion-dollar industry is already showing signs of revival.

Guyana’s rapid economic expansion and new port development could make the country a more important cocaine transshipment point as U.S. military strikes in and near Venezuela disrupt established trafficking routes.

Banks and investors are failing to adequately screen for illegal mining risks even when operating in sectors highly exposed to the trade, according to a report by the World Wide Fund for Nature and financial-crime risk platform Themis.

A U.S. federal judge has dismissed a civil lawsuit that sought to hold Binance and its founder, Changpeng Zhao, liable for transactions allegedly linked to terrorist groups behind 64 attacks worldwide.

China said Monday it plans to enact a new law this year aimed at combating cross-border corruption, marking another stage in Beijing’s long-running anti-graft campaign.

FinCEN said on Friday it had assessed an $80-million civil penalty against Canaccord Genuity LLC over AML failures tied to suspicious trading in OTC securities. 

The DEA opened a secret investigation into Jeffrey Epstein in 2015 on suspicions of money laundering, drug trafficking, and running a prostitution ring that procured Eastern European women for high-profile clients.

The U.S. Securities and Exchange Commission (SEC) is dropping its civil-fraud case against crypto billionaire and World Liberty Financial investor Justin Sun.