4th June 2019
Global financial regulators should consider how the risks of cryptocurrencies and other blockchain-related assets could evolve when assessing their exposure to the technology, a financial stability watchdog said Friday. Governments should publicly state, as much as they can, what their current vulnerabilities to crypto-assets are, including both bank and non-bank… Read More
3rd June 2019
AP — The Honduran government says that U.S. federal court documents show no incriminating evidence against President Juan Orlando Hernández, despite listing him as being a target of a Drug Enforcement Administration investigation. Revelations of the investigation prompted Hernández’s office to issue a statement Thursday saying that drug traffickers who… Read More
3rd June 2019
AP — Three officials with Puerto Rico’s Senate were arrested by FBI agents Thursday and later charged by the U.S. territory’s federal prosecutor with alleged corruption for a case involving a scheme to defraud the legislature using “ghost employees.” Federal prosecutor Rosa Emilia Rodríguez said 18 charges were brought against… Read More
3rd June 2019
Malawi’s President Peter Mutharika began his second five-year term with a tough stance against corruption and pledged to revive the economy, following accusations of corruption and mismanagement. Speaking at his inauguration on Friday in Blantyre, Malawi’s second largest city, Mutharika warned that he would not spare anyone found abusing their… Read More
3rd June 2019
Ukraine’s new President Volodymyr Zelenskiy has appointed a mix of people to his core team, which includes a reformist former finance minister, men with ties to a controversial oligarch and people from his TV production company. Zelenskiy was an actor and comedian who entered the presidential race as a political… Read More
3rd June 2019
Earlier this month, the UK government submitted its response to the latest House of Commons Treasury Select Committee (TSC) report on economic crime, agreeing in many cases to advance parliamentarian recommendations and, in one instance, pushing back on a key proposal. Taken as a whole, the response outlines a path… Read More
31st May 2019
AP — U.S. federal court documents show Honduran President Juan Orlando Hernández and some of his closest advisers were among the targets of a Drug Enforcement Administration investigation. A document filed by prosecutors on Tuesday in the Southern District of New York mentions Hernández as part of a group of… Read More
31st May 2019
AP — The U.N. Security Council approved a resolution Thursday extending an arms embargo and other sanctions against South Sudan over objections from African nations, Russia and China that the measure won’t help promote peace. The U.S.-sponsored resolution received 10 “yes” votes — one more than the minimum required for… Read More
31st May 2019
U.S. prosecutors are seeking to sell two luxury condominiums in New York City linked to fugitive financier Low Taek Jho, court documents showed, the latest effort to recover money allegedly stolen from Malaysia’s state fund 1MDB. Low, known as Jho Low, has been charged in Malaysia and the United States… Read More
31st May 2019
The government of British Columbia has asked public colleges and universities and private post-secondary schools to bar large cash payments from students as part of a broad crackdown on money laundering in the Canadian province. A recent report commissioned by the government found that students had paid thousands of dollars… Read More