Government

Alex Saab, the businessman widely seen as the financial fixer for ousted Venezuelan President Nicolás Maduro, was charged with money laundering in federal court in Miami on Monday.

Polish lawmakers on Friday approved a bill regulating cryptocurrencies as a scandal over the collapse of the country’s biggest crypto exchange widened and questions deepened over whether President Karol Nawrocki, who has twice vetoed similar measures, will sign it into law.

The head of Canada’s anti-money-laundering (AML) watchdog is stepping down as Ottawa overhauls its approach to fighting financial crime and braces for the results of an international audit of its controls.

Financial-crime authorities across the Middle East and North Africa hold powers that look adequate on paper but fail in practice, with anti-corruption agencies unable to freeze assets, prosecutors acting as political gatekeepers, and high-risk sectors filing almost no suspicious activity reports.

Ukraine’s anti-corruption agencies have named former presidential chief of staff Andriy Yermak as an official suspect in a 460-million-hryvnia ($10.5 million) money-laundering scheme, marking a significant escalation in a graft investigation that has shaken President Volodymyr Zelenskyy’s government.

Artificial intelligence is amplifying the cyber threats facing the global financial system and could trigger a system-wide shock unless regulators and banks build stronger defenses, the International Monetary Fund warned Thursday.

Ecuador’s financial regulators have launched a joint probe into possible money laundering at Banco Guayaquil, the country’s third-largest bank by net profit.

The U.S. Treasury Department on Thursday imposed sanctions on Iraq’s deputy oil minister, three senior leaders of Iran-aligned militias, and four Iraqi companies, accusing them of diverting Iraqi oil to benefit Iran’s government and its proxy forces.

Small, little-known Chinese companies are openly marketing and shipping engines, batteries, fiber-optic cables, and other dual-use components to Iranian and Russian drone factories despite U.S. sanctions.

The United States is preparing to lift sanctions on Eritrea, according to an internal U.S. government document seen by Reuters, a move analysts told the news agency was driven by the Horn of Africa nation’s strategic position on the Red Sea shipping route.