AML

Exterior of Banco Central do Brasil

Brazil’s central bank unveiled long-awaited rules for virtual assets on Monday, extending anti–money laundering (AML) and counterterrorism financing (CTF) obligations to crypto firms and classifying fiat-pegged crypto transactions as foreign-exchange operations, Reuters reported. 

Edi Rama walking along a red carpet.

Albanian organized crime groups have tightened their grip at home and expanded across Europe while drawing minimal pushback from Brussels, according to a Follow the Money investigation conducted with media partner BLAST. 

National Australia Bank office building with logo visible

Australian authorities charged a former National Australia Bank employee they allege acted as the “gatekeeper of funds” for a Sydney crime syndicate accused of defrauding “all financial institutions,” according to a Reuters report.

Didier Reynders sitting at a microphone, smiling.

Belgian authorities have officially charged former European commissioner Didier Reynders with money laundering, a person familiar with the case confirmed to Follow the Money. He is not being held in custody.

Dinosaur Skull showing top and bottom teeth.

British authorities have seized more than £12 million ($15.6 million) worth of fossilized dinosaur bones as part of a court-approved settlement with Chinese national Su Binghai, a suspect in a sprawling money-laundering scandal that has reverberated from Singapore to London, Bloomberg said.