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)

CitiBank has been fined £4.7 million by the UK’s sanctions enforcer over breaches by its London branch of the country’s sanctions rules related to Russia. In total, Citibank was found to have processed 970 pay... (more story)

Companies operating across borders would face statutory compliance and reporting duties under China’s proposed first law dedicated to cross-border corruption. The bill would allow business suspensions or licen... (more story)