Lenders | Certain Risk

“Comptroller of the Currency wall logo Washington DC 2025-02-10 13-19-10” by G. Edward Johnson, licensed under CC BY 4.0, via Wikimedia Commons. Changes were made.

OCC Says Nine Banks Improperly Imposed Risk Controls on ‘Controversial’ Clients

Nine of the largest U.S. lenders made “inappropriate distinctions” among customers in politically sensitive sectors, including by applying enhanced risk controls in response to negative media reports, the Office of the Comptroller of the Currency (OCC) said.

Football match between Banfield and Platense. Players are on the pitch. — Image credit: Adapted from “The Estadio Florencio Sola during a match between Banfield and Platense (2023)” by Vincenzo.togni, via Wikimedia Commons, https://commons.wikimedia.org/wiki/File:The_Estadio_Florencio_Sola_during_a_match_between_Banfield_and_Platense_(2023).jpg, licensed under Creative Commons Attribution 4.0 International (CC BY 4.0). Changes were made.

Argentine Police Raid Football Association and Dozens of Clubs in Dirty-Money Probe

Federal police raided the headquarters of the Argentine Football Association (AFA) and more than 30 soccer clubs as part of an investigation into alleged money laundering involving a key sponsor of the game, CNN said.

Oil painting of a smiling Cesar Duarte Jaquez. — Image credit: Adapted from “César Duarte Jáquez.jpg” by Gobernadores Chihuahua, via Wikimedia Commons, https://commons.wikimedia.org/wiki/File:C%C3%A9sar_Duarte_J%C3%A1quez.jpg, licensed under Creative Commons Attribution-ShareAlike 4.0 International (CC BY-SA 4.0). Changes were made.

Mexico Ex-Governor Duarte Expected to Face Money Laundering Charges

Mexican federal authorities have taken former Chihuahua governor César Duarte back into custody, preparing to charge him with laundering public funds allegedly diverted while he was in office, according to the Associated Press.

A sniper spotter with Battle Group Poland looking through a scope during training.

Israel’s Elbit Systems Suspended by NATO Agency Amid Corruption Probe

Israel’s largest defense company, Elbit Systems, has been suspended by NATO’s procurement arm and barred from bidding for work amid a widening corruption investigation into alleged bribery around military contracts.

Black and white photograph of a young boy working a field in Darfur Sudan.

U.S. Targets Alleged Financial Network Tied to Colombian Mercenaries in Sudan

The United States has imposed sanctions on four individuals and four companies it says helped recruit, pay and deploy Colombian mercenaries to fight for Sudan’s Rapid Support Forces (RSF).

Foreign Secretary David Lammy speaking to the press in from of a sign reading "NCA: National Crime Agency" — Image credit: “2025 07 22 Foreign Secretary David Lammy at NCA, London, with DG Rob Jones (54671721188)” by Foreign, Commonwealth & Development Office, via Wikimedia Commons, https://commons.wikimedia.org/wiki/File:2025_07_22_Foreign_Secretary_David_Lammy_at_NCA,_London,_with_DG_Rob_Jones_(54671721188).jpg, licensed under Creative Commons Attribution 4.0 International (CC BY 4.0).

UK to Take on Dirty Money with AI, Facilitator Crackdown

The UK government is taking aim at corrupt bankers, lawyers, and accountants and deploying new tech tools to identify dirty money as part of a new strategy to root out tens of billions in illicit funds entering the country each year.

Ahmed al-Sharaa shaking hands with US Secretary of State, Marco Rubio.

U.S. Lawmakers Weigh Lifting ‘Caesar’ Sanctions on Syria

Tough U.S. sanctions imposed on Syria under former president Bashar al-Assad are on track to be lifted within weeks, after lawmakers folded their repeal into a sweeping annual defense policy bill.

Standard Chartered signage on exterior of building. — Image credit: Adapted from “HK Central 中環政府山 - 炮台里 Pattery Path Dec 2018 SSG 05” by WOINGA Famoied ORBELELM, via Wikimedia Commons, https://commons.wikimedia.org/wiki/File:HK_Central_%E4%B8%AD%E7%92%B0%E6%94%BF%E5%BA%9C%E5%B1%B1_-_%E7%82%AE%E5%8F%B0%E9%87%8C_Pattery_Path_Dec_2018_SSG_05.jpg, licensed under CC BY-SA 4.0. Changes were made.

Standard Chartered Settles £1.5bn Lawsuit Over Sanctions Liability

Standard Chartered has settled a £1.5-billion investor lawsuit in London that alleged the bank downplayed the scale of its Iran sanctions breaches and misled shareholders about its compliance controls, the Financial Times said.

Santander to Pay €22.5 Million to Settle French Tax Fraud Case

Spanish lender Santander has agreed to pay €22.5 million ($26.18 million) to settle a long-running tax fraud case in France, bringing to a close an investigation that began more than a decade ago, according to Reuters.

Man holding a variety of Nigerian banknotes.

Nigeria to Tighten Bank Cash Withdrawal Limits

Nigeria’s central bank has unveiled sweeping new cash withdrawal limits and related rule changes aimed at curbing cash dependence and reducing security and money-laundering risks, according to Reuters.