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Brazil's Car Wash anti-corruption unit has officially shut down, the end of an era for a team of prosecutors that helped send dozens of Latin American political and business leaders to jail, including several former presidents.

The UAE's central bank has fined 11 banks a combined total of US$12.5mn for anti-money laundering (AML) failings, following warnings that the Middle Eastern state was looking to shed its reputation as a financial crime hotspot.

She didn't know it at the time, but last September was when everything started to unravel for Julie Hansen.

As the first full-year financial reporting season since Covid-19 comes around, Alvarez & Marsal expects fraud, regulatory breaches, disputes and data violations to be key issues for businesses across Asia.

PwC's Global Economic Crime Survey found that economic crime reached its highest level in the past 24 months, with 56% of UK businesses surveyed stating that they were impacted by fraud, corruption or other economic crime.

Still, the new rules pose certain challenges.

You'd be forgiven for thinking the corruption scandal that brought down Mayor Ray Nagin almost seven years ago couldn't have anything to do with the startling GameStop stock run that has had Wall Street in a tizzy for the last couple of weeks.

A federal grand jury has indicted a real estate developer and three others for allegedly participating in a mortgage fraud scheme that defrauded financial institutions out of at least $3 million.

Fresh from toppling the head of Germany's top financial regulator last week, lawmakers are turning their fire on finance minister Olaf Scholz and his deputy Joerg Kukies.

Some worry the well-intentioned rules aimed at LLCs will stymie even legitimate deals

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars-worth of bitcoin while attempting to hide his activity.

A California man was charged in a complaint unsealed today for his alleged participation in a coordinated cryptocurrency and securities fraud scheme that used purported digital currency platforms and foreign-based financial accounts.

ICAC officials say the drop could be attributed to a lack of economic activities during pandemic or new ways to commit crimes and avoid detection

President Rodrigo Duterte on Monday called on the public not to readily believe allegations of corruption in the government, especially now that it is in the process of procuring vaccines against Covid-19.

Alexei Navalny's Anti-Corruption foundation emailed a letter to several top U.S. officials calling for sanctions against Russian oligarchs and government officials.

Nguyen Phu Trong, re-elected as Vietnam's most powerful man on Sunday, is one of the Southeast Asian country's strongest and longest-serving leaders since founding revolutionary Ho Chi Minh.

Philippine President Rodrigo Duterte signed a law on Friday to strengthen anti-money laundering and terrorist financing regulations ahead of a Feb. 1 deadline set by a global financial watchdog.

Obama-era focus on financial stability gives way to concerns about racial equity, climate change

Capital's branch of China Banking and Insurance Regulatory Commission warns lenders they will be held accountable for illegal inflows of cash into real estate

Today's release of Transparency International's annual Corruption Perceptions Index brought disturbing, though unsurprising, news.