Risk Management

Russian diamonds may be entering Australia through intermediaries and processing hubs despite sanctions on Moscow’s state-owned diamond giant Alrosa.

The Federal Reserve on Monday proposed a new rule that would prohibit its examiners penalizing institutions over the “reputation risk” they face from customers—a policy shift that aligns with ongoing litigation brought by President Donald Trump against JPMorgan Chase. 

Binance internal investigators found last year that about $1.7 billion in cryptocurrency flowed from two accounts on the exchange to Iranian entities with links to terrorist groups, raising potential violations of global sanctions.

The White House is weighing a new round of national-security tariffs on several industries after a Supreme Court ruling last week struck down many of President Trump’s second-term levies, The Wall Street Journal reported. 

Jeffrey Epstein held a retail current account and a savings account at BNP Paribas from 2008 until mid-2018, according to documents released by the U.S. Justice Department and reported by Le Monde. 

The European Central Bank has stepped up its scrutiny of how exposed euro-area lenders are to the fast-growing artificial intelligence industry, reflecting concerns that banks may be building credit risk in hard-to-track ways and that AI could reshape parts of the financial sector.

Long after his 2008 conviction for procuring a minor for prostitution and just days before his final arrest in 2019, Jeffrey Epstein had his eyes on a palace in Morocco. He wanted to buy it, but he needed help. 

Sweden’s Financial Supervisory Authority (FSA) has launched an investigation into whether Swedbank is complying with the country’s anti-money-laundering (AML) rules on customer due diligence.

A group of six Senate Democrats is demanding that the Federal Reserve turn over information about the ongoing overhaul of its bank supervision division following reports of internal tension linked to staff cuts and the alleged sidelining of examiners.

Asian trading networks continue to route European-made dual-use technology into Russia’s war economy, exploiting gaps in the continent’s sanctions designations and enforcement, according to new research published by the Committee for Freedom in Hong Kong (CFHK) Foundation.