Covered Institutions

OFSI has fined Deutsche Bank AG’s London branch £165,000 for processing two payments totaling £635,618.75 to a Russian-owned online media streaming company in breach of UK sanctions on Moscow. 

The U.S. Commodity Futures Trading Commission is investigating a surge of more than $800 million in oil futures trades that occurred moments before President Trump announced on social media that he was postponing strikes on Tehran’s energy infrastructure.

Gérard Lhéritier, the French businessman convicted of running what prosecutors called the largest Ponzi scheme ever uncovered in France, has avoided prison after negotiating a last-minute plea bargain citing age and health.

Britain issued a new sanctions waiver on Tuesday allowing the import of certain diesel and jet fuel processed in third countries from Russian-origin oil, even as the United States separately tightened sanctions on networks it accused of supporting Hamas and helping Iran move oil and petrochemical revenue.

Small towns, school districts, and utilities across the United States lack the staffing and basic cyberdefenses needed to fend off a new generation of AI-enabled hacking threats even as larger institutions scramble to shore up their systems.

Spain’s National Court has charged former Prime Minister José Luis Rodríguez Zapatero with money laundering, influence peddling, document falsification, and related criminal offenses stemming from the government’s €53-million pandemic-era bailout of Plus Ultra airlines.

Iran has launched a bitcoin-backed insurance service for shipping companies seeking to transit the Strait of Hormuz.

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.

Iran’s largest cryptocurrency exchange has moved billions of dollars across two blockchains whose founders are among the most prominent backers of a digital currency venture co-founded by U.S. President Donald Trump and his family.

Britain’s National Crime Agency on Monday launched its first joint initiative with the financial industry aimed at detecting and disrupting payments by U.K. offenders who pay facilitators overseas to livestream the sexual abuse of children.