21st January 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today launched the CFTC Whistleblower Program’s new website, www.whistleblower.gov. The new website provides an improved interface that educates the public about the Whistleblower Program and allows users to submit tips about potential violations of the Commodity… Read More
20th January 2016
The Commission de Surveillance du Secteur Financier (CSSF) has been informed by the Comissão do Mercado de Valores Mobiliários (CMVM), the competent authority of Portugal, of the suspension of the financial instruments issued by MOTA-ENGIL SGPS S.A. from trading on Euronext Lisbon on 18 January 2016 pending the publication of… Read More
20th January 2016
The United Nations Security Council has deleted one individual from the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267.  All persons on the list are subject to restrictive measures which include targeted financial sanctions. Read More
20th January 2016
The Department of Financial Services (the “Department”) has recently been involved in a number of investigations into compliance by Regulated Institutions, as defined below, with applicable Bank Secrecy Act/Anti-Money Laundering laws and regulations1 (“BSA/AML”) and Office of Foreign Assets Control (“OFAC”) requirements implementing federal economic and trade sanctions. Read More
20th January 2016
The Financial Conduct Authority (“FCA”) notifies that it temporarily prohibits short selling in the following instrument under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012. This follows a decision made by another EU Competent Authority. Read More
20th January 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Edmond E. Chang of the U.S. District Court for the Northern District of Illinois entered an Order of Default Judgment against Defendants Nikolai S. Battoo, BC Capital Group S.A., BC Capital Group International Limited, and BC Capital Group Holdings S.A. (the BC… Read More
15th January 2016
Washington, DC — The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today issued a letter providing a conditional, time-limited extension of the relief provided in CFTC Letter 13-41 regarding masking of certain identifying information required to be reported. Read More
17th December 2015
A working group under the Financial System Council has compiled a draft proposal on regulations for virtual currencies that are traded on the Internet, informed sources said Wednesday. Read More
Renowned U.S. lawyer and Middle East specialist Eric Lewis of Lewis Baach PLLC explains that the Iran sanctions landscape is about to get a whole lot more complicated Read More
3rd November 2015
Mauritius today said no money laundering is taking place through its jurisdiction and it has provided all the information sought by India. Read More
Must Read

Iran courts jail 30 men for economic crimes after public outcry

Fast-track courts set up in Iran to fight economic crime have jailed 30 men for up to 20 years each, the judiciary said on Sunday, as the country faces renewed U.S. sanctions and a public outcry against profiteering and corruption. The new Islamic revolutionary courts — whose rulings cannot be… Read More

Police arrest over 200 fake-cash ‘customers’ after counterfeit money agent jailed

Law enforcement agencies across Europe have taken action against suspects who bought counterfeit euro banknotes on illegal platforms on the Darknet. In total, almost 300 house searches were conducted in 13 different countries and 235 suspects were detained. Law enforcement also seized around 1 500 counterfeit euro banknotes. Read More