Covered Institutions

Iran has agreed to a €500-million contract with Russia for thousands of shoulder-fired air-defense missiles, in a deal that underscores both countries’ willingness to deepen military trade despite intensifying western sanctions and arms-export restrictions.

Hungary plans to block an EU sanctions package targeting Moscow and major new loans intended for Kyiv unless oil shipments resume through the Druzhba pipeline crossing western Ukraine. 

Jeffrey Epstein held a retail current account and a savings account at BNP Paribas from 2008 until mid-2018, according to documents released by the U.S. Justice Department and reported by Le Monde. 

Austria’s financial regulator has ordered KuCoin’s European arm to stop taking on new business after the crypto exchange lost key compliance staff in the months following the firm getting a green light to operate under the EU’s Markets in Crypto-Assets (MiCA) regime.

A surge in gold and silver prices is drawing organized-crime groups to Mexico’s mining sector, forcing companies to absorb rising security costs and, in some cases, make “protection” payments or use suppliers linked to criminal groups.

The European Central Bank has stepped up its scrutiny of how exposed euro-area lenders are to the fast-growing artificial intelligence industry, reflecting concerns that banks may be building credit risk in hard-to-track ways and that AI could reshape parts of the financial sector.

A blacklisted, former Belarusian official is working with Russia to disguise the origin of agricultural products from Ukraine’s occupied territories, according to new reporting by Ukrinform. The news agency, which is Ukraine’s only national news service and is controlled by the country’s Cabinet of Ministers, said it based its reporting on documents obtained by the Belarusian opposition group […]

An IT misconfiguration has exposed an apparent network of oil traders that has helped move at least $90 billion of Russian crude and has become central to keeping export revenues flowing to the Kremlin, the Financial Times reported Friday. 

Long after his 2008 conviction for procuring a minor for prostitution and just days before his final arrest in 2019, Jeffrey Epstein had his eyes on a palace in Morocco. He wanted to buy it, but he needed help. 

Sweden’s Financial Supervisory Authority (FSA) has launched an investigation into whether Swedbank is complying with the country’s anti-money-laundering (AML) rules on customer due diligence.