Covered Institutions

Fraud in the UK reached a record level in 2025, with 444,993 cases filed to the National Fraud Database, according to Cifas’s latest Fraudscape 2026 report. 

Hungary returned two seized armored bank vehicles to Ukraine on Thursday but continued to hold cash and gold worth about $82 million as part of an alleged money-laundering investigation.

HSBC and a joint venture led by Standard Chartered are expected to be among the first companies to receive Hong Kong stablecoin licenses within two weeks, marking a milestone in the city’s effort to regulate the sector and strengthen its position as a global digital asset hub.

A federal judge in Manhattan on Wednesday granted a 90-day pause in the criminal case against Turkey’s state-run Halkbank, a first step toward a possible dismissal of charges that the bank helped launder billions of dollars in Iranian oil and gas proceeds.

Senate Democrats are pressing for a congressional hearing on the Trump administration’s decision to ease sanctions on Russian oil, arguing that the step could benefit Moscow even as the Kremlin is providing support for Iranian forces.

Once celebrated as a philanthropist and real estate magnate, Cambodian tycoon Chen Zhi built a web of political influence and banking relationships that helped shield what authorities now describe as a vast transnational scam and gambling syndicate.

West Africa has become a major and expanding logistics, warehousing, and redistribution hub in the global cocaine trade, with the market in the region larger than ever and increasingly damaging to public health, governance, and security.

European defense company Czechoslovak Group failed to tell investors before its January stock market debut that a Spanish ammunition subsidiary had been suspended by NATO’s procurement agency amid a widening corruption investigation.

Gaps in the international oversight of offshore virtual-asset firms have made it possible for criminals to commit large-scale fraud, money laundering, and terrorism financing beyond the reach of most supervisory bodies, according to FATF.

The U.S. Justice Department is investigating Iran’s use of Binance to evade U.S. sanctions, according to new reporting by The Wall Street Journal.