FCA Defends Hiring Palantir to Fight Financial Crime
Britain’s Financial Conduct Authority (FCA) defended its decision to award a short-term artificial intelligence contract to Palantir Technologies on Tuesday, telling lawmakers the U.S. firm would not have access to regulatory intelligence as concerns mounted over sensitive data and the growing reach of major technology providers in government.
Orbán Associates Have Won €28bn in Hungarian Public Contracts Since 2010
Companies owned by 13 men close to Hungarian Prime Minister Viktor Orbán won more than €28 billion in public contracts from 2010 to late 2025, according to a Financial Times investigation based on an analysis of nearly 350,000 state procurement contracts.
DEA Deems Colombia’s President Petro a ‘Priority Target’ in Drug Probe
Colombian President Gustavo Petro has been designated a “priority target” by the U.S. Drug Enforcement Administration as federal prosecutors in New York examine his alleged ties to drug traffickers.
Crime Group Used Macau Casinos to Launder Billions: Taiwan Prosecutors
Prosecutors in Taiwan have indicted 10 people accused of operating a cross-border money laundering network that used Macau casinos and credit cards to launder more than $1 billion in funds.
Ex-SEC Enforcer Resigned Amid Clashes Over Trump-Linked Rulings
Margaret Ryan, the former head of enforcement at the U.S. Securities and Exchange Commission (SEC), resigned last week after clashing with agency leaders over the direction of the watchdog’s oversight, including cases tied to President Donald Trump, his family, and his administration.
Trial Begins for Ex-U.S. Lawmaker Accused of Lobbying for Venezuela
The trial of former U.S. Congressman David Rivera started Monday in Miami as the Florida Republican faces charges that he illegally lobbied American officials on behalf of Venezuelan interests without registering as a foreign agent.
U.S. Judge Strikes Down FinCEN Rule on Cash Real-Estate Purchases
A U.S. judge has struck down a Treasury Department rule that required disclosure of the beneficial owners of companies making all-cash real estate purchases, dealing a setback to a Biden-era effort to curb money laundering through the property market.
Billionaire Bolloré Faces Trial in Foreign Bribery Case
French billionaire Vincent Bolloré has been ordered to stand trial in Paris to face charges that he bribed a foreign public official in Togo among other allegations, in a long-running case tied to the Bolloré Group’s business activities in West Africa.
U.S. Blacklists Network Accused of Diverting Over $100 Million to Hezbollah
The U.S. Treasury Department said on Friday it had imposed sanctions on an international network of 16 people and companies that allegedly diverted more than $100 million to Hezbollah since 2020.
Chelsea FC to Pay Millions for Offshore Payments Under Abramovich’s Ownership
Chelsea FC were fined £10.75 million and handed a suspended transfer ban by the Premier League over undisclosed payments made during Roman Abramovich’s ownership, in a case that drew renewed attention to offshore money flows and hidden financial arrangements in football.