A former compliance officer for Deutsche Securities alleged in an interview with the FBI seven years ago that she was marginalized, then fired, after raising concerns over transactions involving the now-late financier and convicted sex offender Jeffrey Epstein more than a decade ago. According to a 7-page affidavit unsealed Friday along with millions of pages of other records from the U.S. case against Epstein, the former employee, Tammy Hill-McFadden, told federal investigat

The strictest ban comes in the crypto sector. On February 6, eight authorities, including the People's Bank of China and the China Securities Regulatory Commission (CSRC), jointly issued the Notice on Further Preventing and Resolving the Risks Related to Virtual Currencies (hereinafter referred to as the "Notice"). The Notice once again makes clear that business activities related to virtual currencies are illegal financial activities and are strictly prohibited and resolutel

On January 28, 2026, the Divisions of Corporation Finance, Investment Management, and Trading and Markets of the U.S. Securities and Exchange Commission (the “SEC”) issued a joint staff statement on tokenized securities (the “Statement”). The staff defines tokenized securities as traditional securities issued or represented as crypto assets on a blockchain and reiterated that existing U.S. federal securities laws apply regardless of whether a security is recorded traditional

Saxo Bank faces a DKK 313,000,000 (49.7 million) administrative fine from Denmark’s financial watchdog after supervisors flagged anti-money laundering weaknesses in its institutional operations. The Danish Financial Supervisory Authority issued the fine after finding that Saxo Bank breached its regulations between 2021 and 2023. “The administrative fine is based on the company's failure to comply with the requirements for obtaining information regarding the purpose and intend

The Tribunal agreed with the FCA that significant fines should be imposed, deciding that fines of £4m, £352,000 and £14,200 were appropriate for Rangecourt SA, Mr Rowland and Mr Bolelyy respectively. The Tribunal also upheld the FCA’s decision to ban Mr Rowland and Mr Bolelyy from working in financial services. Banque Havilland created a plan (initially titled ‘Setting fire to the neighbour’s house fund’) to harm the Qatari Riyal through manipulative trading strategies. The a

AUSTRAC has released its anti-money laundering program starter kits (kits), designed specifically to help small businesses in newly regulated sectors to meet their compliance obligations and manage ML/TF risks, while also reducing the time and cost of compliance. From 1 July, businesses providing certain designated services commonly provided by lawyers, accountants, real estate agents, conveyancers and jewellers will have obligations under the AML/CTF Act. The kits set ou

AUSTRAC has ordered the appointment of an external auditor to assess whether payment platform, Airwallex Designated Business Group (Airwallex DBG), is meeting its anti-money laundering and counter-terrorism financing (AML/CTF) obligations, following concerns about potential non-compliance. AUSTRAC Chief Executive Officer, Brendan Thomas, said external audits are a critical regulatory tool to assess serious compliance concerns and to protect the financial system from criminal

The FCA's decision to ban Darren Antony Reynolds from working in financial services and fine him £2,037,892 has been upheld by the Upper Tribunal. The FCA's decision to ban Darren Antony Reynolds from working in financial services and fine him £2,037,892 has been upheld by the Upper Tribunal. Mr Reynolds was dishonest when he gave pension transfer advice and investment recommendations to his customers, causing them significant harm. Mr Reynolds showed a clear disregard for h