Singapore, 30 April 2026… The Monetary Authority of Singapore (MAS) today issued its response to the public consultation on proposed amendments to the Securities and Futures Act 2001 (SFA) to facilitate dual listing arrangements on the Singapore Exchange (SGX). The proposed regulatory framework[1] supports the implementation of the Global Listing Board (GLB)[2], a partnership by the SGX and Nasdaq, and facilitates future similar collaborations. 2. Respondents to the consultat

Sweden’s Supreme Court acquitted former Swedbank CEO Birgitte Bonnesen of gross fraud charges linked to the bank’s anti-money laundering (AML) practices in Estonia. The ruling on April 20, 2026, overturned a 2024 appeals court conviction that had sentenced her to 15 months in prison. The court determined her 2018 media statements were protected under freedom of expression and lacked intent to mislead investors financially. Bonnesen led Swedbank from 2016 to 2019 and faced pro

A US federal judge has ordered HSBC Holdings Plc and Standard Chartered Plc to submit records amid allegations they processed payments linked to an Iranian money laundering scheme. The case, filed in the Southern District of New York, involves unwitting facilitation by the British banks of transactions tied to sanctioned Iranian entities. Court documents highlight a $5.7 million payment involving the National Iranian Oil Company (NIOC), breaching US, EU, and UK sanctions. Thi

Hack Overview The hackers executed the largest cryptocurrency theft of 2026, targeting Kelp DAO, a decentralized finance (DeFi) protocol, and stealing approximately $300 million in digital assets. This breach, reported on April 21, 2026, by Bloomberg and blockchain security firm Cyvers, outpaces prior incidents in scale and speed, highlighting persistent vulnerabilities in DeFi platforms. Immediately after the exploit, the attackers consolidated funds into controlled wallets,

On March 15, 2025, airport police at Ministro Pistarini International Airport (Ezeiza) in Buenos Aires detained the suspect, identified only as “DZ” in reports, upon his arrival from Paris. Authorities flagged irregularities in his travel documents, where he posed as a naturalized Paraguayan citizen using a fake passport. An Interpol red notice linked him to money laundering and fraud charges from a Nigerian court. The suspect remains in federal custody pending extradition pr

WASHINGTON—Since President Trump resumed office, the Financial Crimes Enforcement Network’s (FinCEN) Rapid Response Program (RRP) has facilitated the interdiction of over $268 million in stolen funds on behalf of U.S. victims, bringing the total to more than $1.8 billion since the program’s inception. The RRP is a partnership between FinCEN, U.S. law enforcement, and foreign partners, working together to help cyber-enabled fraud victims and their financial institutions recove

Sapia has agreed to make a voluntary payment of £19,637,950 to WealthTek clients and the FCA has censured the firm. Sapia began working with WealthTek in 2013 and later appointed it as one of its appointed representatives. This resulted in Sapia holding and being responsible for protecting client money resulting from WealthTek’s activities. The FCA found Sapia did not put enough safeguards in place to protect this money. Sapia has admitted that it failed to properly separate

The US Treasury Department has issued stark warnings to banks in the United Arab Emirates, Hong Kong, China, and Oman for facilitating Iran’s sanctions circumvention via financial transfers, urging asset freezes and enhanced compliance. In response, Iran reportedly advises its citizens to use banks in Spain, Russia, China, and Turkey amid escalating geopolitical tensions. U.S. Treasury Issues Urgent Sanctions Warning The United States Department of the Treasury has delivered