Money Laundering

Swedbank under review by Sweden’s financial regulator for money laundering procedures

Money Laundering Tejaswini Deshmukh - February 21, 2026

Sweden's Financial Supervisory Authority (FSA) announced on Friday that it will investigate whether Swedbank, one of Sweden's largest banks, followed the country's anti-money-laundering rules...

Iran gains powerful AML–CFT support from Russia, challenging FATF’s global control

Money Laundering Saisha Kulkarni - December 3, 2025

Iran and Russia have taken important steps to strengthen their cooperation against money laundering and terrorist financing. Kazem Jalali, Iran’s ambassador to Russia, met...

South Korea moves to penalize Korbit, GOPAX, Bithumb, and Coinone for KYC and AML violations

KYC Saisha Kulkarni - November 24, 2025

South Korea is preparing to issue large fines and penalties against several major crypto exchanges after months of regulatory...

California residents sentenced for $16 million hospice fraud and money laundering scheme

Money Laundering Saisha Kulkarni - November 19, 2025

Four California residents have been sentenced to prison for their involvement in a major hospice fraud and money laundering...

The skeleton billionaires: how Singapore’s laundering kingpins turned dino bones into luxury investments

Money Laundering Apurva Joshi - November 8, 2025

In August 2023, Singapore police carried out their biggest-ever money laundering raid. Officers arrested several individuals and seized valuables...

Criminal money suspicion rocks Prince Group — Jeonbuk Bank records show 47 term deposits worth 12.1 billion won

Money Laundering Tejaswini Deshmukh - October 20, 2025

A large business group in Cambodia, called the Prince Group, is now under serious suspicion. Authorities believe that the...