UK biotech company Illumina Cambridge, a subsidiary of US-listed Illumina, has been fined a record £7.4 million for Russian sanctions breaches by the UK’s tax authority. It supplied sanctioned goods from one o... (more story)

Deutsche Bank has settled a €152 million claim brought by a former senior executive who claimed his career was harmed by the lender’s involvement with Italian bank Monte dei Paschi di Siena. The former executi... (more story)

Stablecoins and tokenization accelerate the transmission of global risks, calling for an internationally coordinated response that will be “a heavy lift given geopolitical fragmentation,” said the head of the ... (more story)

French and Belgian prosecutors seized €65 million from US consultancy firm McKinsey as part on an ongoing probe into alleged tax fraud. The investigation into the consultancy was opened following a French parl... (more story)

A US judge denied without prejudice the Justice Department's renewed request to dismiss charges against five defendants in the corruption case involving Indian billionaire Gautam Adani, saying the government s... (more story)

Three former directors of English company Ethical Forestry who defrauded UK investors out of £70 million through a tree-based investment scheme in Costa Rica to support their lavish lifestyles have been jailed... (more story)

US financial policymakers writing rules to carry out the GENIUS Act with respect to stablecoins should provide guardrails for users and against illicit finance in anticipation of growth in use of the cryptocur... (more story)

Eurasian Natural Resources Corporation on Wednesday settled its $290 million compensation claim over an abandoned decade-long bribery prosecution with the UK’s fraud agency and law firm Dechert. The confidenti... (more story)