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The philosophical puzzle of rational artificial intelligence

To what extent can an artificial system...

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

AUSTRAC has released its anti-money laundering program starter kits...

Former Google Engineer Found Guilty of Economic Espionage and Theft of Confidential AI Technology

A federal jury in San Francisco convicted...

Money Laundering

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

Money Laundering
AUSTRAC has released its anti-money laundering program starter kits (kits), designed specifically to help small businesses in newly regulated sectors to meet their compliance obligations and manage ML/TF risks, while also reducing the time and cost of compliance. Story from austrac.gov.au

AUSTRAC orders audit of Airwallex for suspected AML/CTF compliance failures

AUSTRAC has ordered the appointment of an external auditor to assess whether payment platform, Airwallex Designated Business Group (Airwallex DBG), is meeting its anti-money laundering and counter-terrorism financing (AML/CTF) obligations, following concerns about...

37 Mexican Nationals Wanted for Serious Crimes Transferred to the United States from Mexico, Including Leaders of Foreign Terrorist Organizations

The U.S. took into custody 37 fugitives from Mexico facing a range of federal criminal charges around the country, including charges relating to narcoterrorism, providing material support to a foreign terrorist organization, firearms...

FinCEN Ramps Up Enforcement Against Border Money Businesses

In one of the most expansive financial enforcement actions in recent years, the U.S. Department of the Treasury has launched a multi-tiered operation targeting more than 100 money services businesses (MSBs) operating along the country’s...

Money Laundering

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

Money Laundering
AUSTRAC has released its anti-money laundering program starter kits (kits), designed specifically to help small businesses in newly regulated sectors to meet their compliance obligations and manage ML/TF risks, while also reducing the time and cost of compliance. Story from austrac.gov.au

AUSTRAC orders audit of Airwallex for suspected AML/CTF compliance failures

AUSTRAC has ordered the appointment of an external auditor to assess whether payment platform, Airwallex Designated Business Group (Airwallex DBG), is meeting its anti-money laundering and counter-terrorism financing (AML/CTF) obligations, following concerns about...

37 Mexican Nationals Wanted for Serious Crimes Transferred to the United States from Mexico, Including Leaders of Foreign Terrorist Organizations

The U.S. took into custody 37 fugitives from Mexico facing a range of federal criminal charges around the country, including charges relating to narcoterrorism, providing material support to a foreign terrorist organization, firearms...

USA
Events: 10,500 events
Fines: USD290 Bn
Imprisonment: 1,245,000 months
Entities (including individuals and organizations): 17K

UK
Events: 1,750 events
Fines: USD18 Bn
Imprisonment: 150,000 months
Entities: (including individuals and organizations): 3K

India
Events: 510 events
Fines: USD45 Mn
Imprisonment: 3,800 months
Entities: (including individuals and organizations): 400

South Africa
Events: 120 events
Fines: USD32 Mn
Imprisonment: 20,090 months
Entities: (including individuals and organizations): 190

Screening

Ukraine: New draft law proposes foreign direct investments screening regime

Recent Regulations & News
In brief A new draft law No. 14062 “On Screening of Foreign Direct Investments” (“Draft Law”) was registered in the Ukrainian Parliament on 22 September 2025, proposing to introduce a screening mechanism and mandatory notification requirements...

BSP Mandates Integration of Adverse Media Screening into Customer Due Diligence Framework

Due Diligence
The Bangko Sentral ng Pilipinas (BSP) has taken a significant step to strengthen the country’s anti-money laundering and counter-terrorism financing regime by issuing Memorandum No. M-2025-017 on May 27. The directive mandates all...

ESG

European Union: EU institutions give businesses the gift of legal certainty on sustainability rules

ESG
In February 2025, the European Commission presented its “Omnibus” package aiming to delay application and simplify the CSRD1, the ESRS2, CSDDD3 and the EU Taxonomy with the ultimate goal of reducing administrative burden and thus addressing concerns that the rules would hamper European competitiveness (see our summary of the Omnibus here). In parallel, and with an aim to address similar concerns, a proposal for simplification and delay to the EUDR4 moved swiftly through the legislative process. As Europeans start wrapping-up ahead of the year-end holidays, the EU institutions have been busy engaging in negotiations and finalizing key rules, delivering to businesses the gift of legal certainty, clarity and the ability to plan ahead of...

Crypto

Cryptocurrency market prospects: Bank of Russia’s proposals

The Bank of Russia has devised a concept of cryptocurrency regulation in the Russian market. Cryptoassets will be accessible to both qualified and non-qualified investors, but the rules for them will differ. The Bank of Russia has presented its proposals regarding legal amendments to the Government. Nevertheless, the regulator continues to classify cryptoassets as a high-risk instrument...

Check out other categories:

abductionAI and Regulatory ReportingAI applicationsAI ethicsAI for Financial Crime InvestigationsAI in AMLai in aml (anti-money laundering)AI in Anti-Money LaunderingAI in customer service

Fraud, Bribery & Corruption

Former South Korean First Lady Kim Keon Hee Sentenced to Prison in Bribery Case That Shook the Presidency

Fraud, Bribery & Corruption
A South Korean court on Wednesday sentenced former First Lady Kim Keon Hee to...

Former Malaysian Prime Minister Najib Razak Handed 15-Year Sentence and Multibillion-Ringgit Fine in Landmark 1MDB Corruption Case

Imprisoned former Malaysian Prime Minister Najib Razak has been sentenced to a further 15 years in prison and fined 13.5 billion ringgit (approximately $2.8 billion) after being convicted in his largest corruption trial...

Regulations

Big 4 Corner

Sanctions

Sanctions Notice – Iran

Please be advised that the details of the following entry: BANK SADERAT IRAN (Group ID: 11185) which is designated under the...

Human Rights

Brooklyn Man Sentenced to 15 Years in Prison for Murder-for-Hire Plot and Stalking a Journalist and Prominent Critic of the Iranian Government

Convicted murderer Carlisle Rivera, also known as “Pop,” was...

Minneapolis Gang Member Convicted of Murder and RICO

Following a two-week trial, a federal jury in Minneapolis...

37 Mexican Nationals Wanted for Serious Crimes Transferred to the United States from Mexico, Including Leaders of Foreign Terrorist Organizations

The U.S. took into custody 37 fugitives from Mexico...

Texas Man Charged with Providing Bomb Components and Funding to Individuals He Believed Were Involved with Foreign Terrorist Organization

An alleged ISIS sympathizer has been federally charged with...

AI / ML

The philosophical puzzle of rational artificial intelligence

To what extent can an artificial system be rational? A...

Former Google Engineer Found Guilty of Economic Espionage and Theft of Confidential AI Technology

A federal jury in San Francisco convicted former Google...

Why it’s critical to move beyond overly aggregated machine-learning metrics

MIT researchers have identified significant examples of machine-learning model...

Generative AI tool helps 3D print personal items that sustain daily use

Generative artificial intelligence models have left such an indelible...

At MIT, a continued commitment to understanding intelligence

The MIT Siegel Family Quest for Intelligence (SQI), a...

The philosophical puzzle of rational artificial intelligence

To what extent can an artificial system be rational? A new MIT course, 6.S044/24.S00 (AI and Rationality), doesn’t seek to answer this question. Instead, it...

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

AUSTRAC has released its anti-money laundering program starter kits (kits), designed specifically to help small businesses in newly regulated sectors to meet their compliance obligations and manage ML/TF risks, while also reducing the time and...

Former Google Engineer Found Guilty of Economic Espionage and Theft of Confidential AI Technology

A federal jury in San Francisco convicted former Google software engineer Linwei Ding, also known as Leon Ding, 38, on seven counts of economic...

Brooklyn Man Sentenced to 15 Years in Prison for Murder-for-Hire Plot and Stalking a Journalist and Prominent Critic of the Iranian Government

Convicted murderer Carlisle Rivera, also known as “Pop,” was sentenced to 15 years in prison for his participation in a murder-for-hire plot directed by...

Sanctions Notice – Iran

Please be advised that the details of the following entry: BANK SADERAT IRAN (Group ID: 11185) which is designated under the Iran (Sanctions) (Nuclear) (EU Exit)...

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