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Money Laundering

Leader of Nationwide Theft Ring Who Purchased Stolen Catalytic Converters from Sacramento for $38 Million Pleads Guilty

Money Laundering February 27, 2026

Navin Khanna, 42, Holmdel, New Jersey, pleaded guilty today to conspiracy to transport stolen property interstate, conspiracy to commit promotional money laundering, and interstate transportation of stolen property. Story from justice.gov

New River Couple Convicted of $12 Million AHCCCS Fraud Scheme

February 27, 2026

PHOENIX, Ariz. – Thvoughn Lynden Curry, 34, and Alexis Daneen Curry, 34, both of New River, Arizona, were recently convicted in federal court based on their scheme to defraud the Arizona Health Care...

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

January 30, 2026

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

January 22, 2026

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 potential non-compliance. AUSTRAC...

Money Laundering

Leader of Nationwide Theft Ring Who Purchased Stolen Catalytic Converters from Sacramento for $38 Million Pleads Guilty

Money Laundering February 27, 2026

New River Couple Convicted of $12 Million AHCCCS Fraud Scheme

February 27, 2026

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

January 30, 2026

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 November 12, 2025

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 May 27, 2025

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 January 8, 2026

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

December 23, 2025

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...

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Fraud, Bribery & Corruption

New River Couple Convicted of $12 Million AHCCCS Fraud Scheme

Fraud, Bribery & Corruption February 27, 2026

PHOENIX, Ariz. – Thvoughn Lynden Curry, 34, and Alexis Daneen Curry, 34, both of...

Malaysia’s Top Court Reinstates Corruption Conviction Against Veteran Politician Isa Samad

February 10, 2026

In a landmark ruling underscoring Malaysia’s continued crackdown on corruption, the Federal Court has convicted veteran politician Tan Sri Mohd Isa Samad, sentencing him to six years in prison and imposing a hefty...