Risk Types

The Trump administration designated three Middle Eastern branches of the Muslim Brotherhood as terrorist organizations, claiming the groups contribute to regional instability and violence. 

Panama’s Supreme Court is nearing a decision in a lawsuit that could void a Hong Kong company’s license to operate two container ports at either end of the Panama Canal, The Wall Street Journal reported. 

The Dubai Financial Services Authority (DFSA) has banned the use of crypto privacy tokens in the special economic zone the body oversees, citing anti-money laundering and sanctions compliance risks, CoinDesk reported. 

European Union foreign policy chief Kaja Kallas is preparing to push for new sanctions on Iran following a security crackdown that has “reportedly claimed hundreds of lives” since protests began nearly two weeks ago, Euronews reported Monday. 

The U.S. Treasury Department on Thursday launched a set of initiatives to investigate what it called “rampant government benefits fraud” in Minnesota, including the imposition of new reporting requirements for financial institutions. 

World Liberty Financial, the Trump family’s flagship crypto venture, said an affiliated entity has applied for a national banking license, The Wall Street Journal reported.

A former TD Bank employee pleaded guilty to conspiring to launder monetary instruments after prosecutors said he used his position to help a money-laundering network move hundreds of millions of dollars through the institution. 

PwC has decided to “lean in” to cryptocurrency work after years of a more guarded approach, citing a friendlier U.S. policy environment under President Donald Trump and new legislation governing digital assets, according to the Financial Times. 

Iran is offering to sell ballistic missiles, drones, warships, and other advanced weapons systems to foreign governments in exchange for payment in cryptocurrency, the Financial Times reported.

The U.S. Treasury Department on Wednesday imposed new sanctions on four companies it said were operating in Venezuela’s oil sector, along with associated oil tankers.