Covered Institutions

The U.S. Treasury on Friday imposed sanctions on seven Iraqi militia commanders in what it called “Economic Fury,” targeting figures it said were responsible for planning, directing and carrying out attacks on U.S. personnel.

Indian companies shipped more than 320 million tapentadol pills to West Africa over the past three years, even though the synthetic opioid has not been approved by regulators in most countries in the region, according to a Bellingcat investigation.

The International Monetary Fund has urged banks to share more threat and transaction data with one another, arguing in a recent working paper that the sector’s response to fast-rising digital fraud is weakened by information silos within institutions and across borders.

Spanish Prime Minister Pedro Sánchez is facing renewed political pressure after a judge ordered his wife, Begoña Gómez, to stand trial, deepening a corruption controversy that already involves several of his relatives and close associates.

Anthropic withheld its new artificial intelligence model, Mythos, from a broad public release after internal testing showed it could autonomously find and exploit serious software flaws, alarming company researchers and prompting banks and government agencies to move quickly to assess the threat.

The European Union’s new anti-money-laundering (AML) supervisor on Thursday launched two consultations on draft rules intended to tighten how companies assess their financial-crime risks and apply compliance controls across corporate groups. 

Norway’s financial watchdog has found “serious deficiencies” in anti-money-laundering compliance at Svenska Handelsbanken AB’s Norwegian branch.

The U.S. Treasury Department on Thursday imposed sanctions on Nicaraguan government officials, firms operating in Nicaragua’s gold sector, and individuals tied to the forcible seizure of a U.S.-owned mining asset. 

Britain’s National Crime Agency (NCA) has charged shipping financier John Michael Ormerod with alleged money laundering and breaches of Russia sanctions.

Fraud appears to be worsening in the UK’s insurance sector, driven in large part by the submission of phony claims backed by AI-altered images.