KYC

Brazil has added Chinese automaker BYD to a government registry of employers linked to slavery-like labor conditions after an investigation into the treatment of Chinese workers hired to help build the company’s factory in Bahia state.

Trump’s crackdown on “debanking” is colliding with a core compliance problem for U.S. banks: the very policies his administration wants to curb have long given lenders a way to cut off customers they suspect of wrongdoing without violating federal secrecy rules.

A Russian cryptocurrency payments network founded by sanctioned actors is expanding into Africa as Moscow seeks new channels to move money around western restrictions imposed after the invasion of Ukraine.

Several senior Binance compliance officials overseeing sanctions, investigations, and financial-crime monitoring have left the company in recent months as the crypto exchange faces renewed scrutiny over alleged sanctions evasion and illicit-finance risks.

A politically connected blockchain project that partnered with the Trump family’s crypto firm promoted a proposed resort in Timor-Leste involving three people later sanctioned by the United States for ties to the Prince Group, an alleged Southeast Asian scam syndicate.

Asian countries hit by acute energy disruptions from the Gulf conflict are increasingly turning to Russia for emergency oil supplies after the United States granted a temporary sanctions waiver on Russian crude.

Three Greek cabinet ministers resigned on Friday as a European Union investigation into alleged farm subsidy fraud widened, in a case that has intensified political pressure on the government and added to unrest in the country’s farming sector.

Ten years after the Panama Papers exposed the offshore financial system exploited by tax cheats and criminals around the world, prosecutions and transparency reforms tied to the landmark investigation are still unfolding.

A U.S. judge on Thursday granted preliminary approval to Bank of America’s $72.5 million settlement with women who accused the bank of facilitating Jeffrey Epstein’s sexual abuse.

The British Virgin Islands has opened part of its long-guarded corporate registry to outside scrutiny, but anti-corruption advocates say the new transparency rules contain loopholes that could let bad actors hide ownership information and undermine investigations.