This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Financial Crime

Insight View More

Alecta-linked bribery probe continues, Swedish prosecutors say August 26, 2025 | Martin Coyle

A bribery investigation linked to Alecta, a pension fund manager in Sweden, is still ongoing despite the shelving of some aspects of the probe, according to prosecutors. The Swedish Prosecution Authority has b... (more story)

Online bank Bunq appealing Dutch money laundering fine August 26, 2025 | Martin Coyle

Dutch online bank Bunq is challenging a 2.6 million euros ($3 million) fine imposed by the Dutch central bank over “serious deficiencies” in its anti-money laundering controls.

Basel Committee on Banking Supervision should pause crypto standard, industry says August 22, 2025 | Neil Roland

Trade groups are urging the Basel Committee on Banking Supervision to temporarily pause implementation of its crypto-asset standard, due to go into effect on Jan. 1, 2026. The global standard-setter should see... (more story)

Standard Chartered welcomes US brief saying tipster made ‘unfounded’ fraud claim August 22, 2025 | Samuel Rubenfeld

Standard Chartered welcomed a US government brief in a whistleblower’s appeal over alleged sanctions violations saying that the tipster had made “unfounded” claims of fraud on the court.

Banque Safra pays CHF19.5 million to settle Petrobras laundering claims August 22, 2025 | Martin Coyle

Banque J. Safra Sarasin today paid 19.5 million Swiss francs to settle claims by Swiss prosecutors that it allowed tens of millions of dollars linked to Petrobras to be laundered through the private bank. A fo... (more story)

Petrobras exec will say cash seized by UK fraud agency is legitimate August 22, 2025 | Martin Coyle

Lawyers for Mario Ildeu de Miranda — a former Petrobras executive who saw millions of dollars seized by the UK’s Serious Fraud Office over allegations of corruption — will argue that the money came from legiti... (more story)

JP Morgan Swiss unit strikes $330 million settlement over 1MDB scandal August 22, 2025 | Martin Coyle

JP Morgan's Swiss private banking unit has agreed to pay more than $330 million as part of a Swiss settlement for its involvement in the Malaysian sovereign wealth fund scandal and its failure to prevent tens ... (more story)

US banks’ reliance on tech-service providers exposes them to systemic risks, study says August 21, 2025 | Neil Roland

US banks' increasing reliance on third-party technology service providers exposes financial institutions to growing systemic vulnerability due to the absence of a comprehensive US regulatory framework, Federal... (more story)

Comment View More

Companies are wise to heed new UK fraud law even if enforcement is years away August 28, 2025 | Martin Coyle

Large companies have been warned of consequences if they lack procedures to prevent fraud, once new UK legislation comes into effect next week. But history suggests that enforcement could be some way off. As t... (more story)

Smartmatic bribery allegations spill out into US state civil litigation August 22, 2025 | Samuel Rubenfeld

Allegations of bribery involving Smartmatic, lodged by US federal prosecutors in a criminal case against the voting machine producer’s cofounder and two current and former executives, have bled their way into ... (more story)

WHSmith accounting blunder could raise UK concerns similar to Tesco case August 22, 2025 | Martin Coyle

UK retailer WHSmith’s announcement yesterday that it had overstated its expected North American profits by around $30 million led to a plunge in its share price and concerns about its accounting practices. Whi... (more story)

Debut UK corporate tax-evasion prosecution sends message despite dearth of cases August 21, 2025 | Martin Coyle

A UK accounting firm is the first to face prosecution for failure to prevent tax evasion, eight years after the offense was written into UK law. While the law may have changed some companies' behavior, the cas... (more story)

KC Fed paper raises red flag on stablecoin law's impact on US credit markets August 13, 2025 | Neil Roland

A US Federal Reserve Bank of Kansas City paper raised a red flag for the first time about the possibly harmful impact of the GENIUS Act on US credit markets, as other questions about the stablecoin regulatory ... (more story)

Cryptocurrency industry vows to keep fighting after Tornado Cash verdict in US August 06, 2025 | Samuel Rubenfeld

After racking up wins on Capitol Hill and at the White House in recent months, the cryptocurrency industry isn’t taking a mixed verdict in the trial of Tornado Cash co-founder Roman Storm lying down. They’re v... (more story)

BIS warns of stablecoin risks as US enacts regulatory framework August 05, 2025 | Neil Roland

A Bank for International Settlements paper warned of the risks from stablecoin use for money laundering and terrorism financing, their potential impact on fire sales, and possible strains on dollar funding liq... (more story)

White House seeks comprehensive AML review in digital assets report August 05, 2025 | Samuel Rubenfeld

As a White House working group on digital assets sees a “valuable opportunity” for a comprehensive review of the US framework against money laundering and terrorist financing, regulators and industry players a... (more story)