Sanctions
EU Council sanctions six individuals over alleged human rights violations in Iran
On 24 July 2026, the EU Council imposed asset freezes and travel bans on six individuals over alleged serious human rights violations in Iran.
Sanctions 381 stories
Sanctions
EU sanctions operator of Zolotaya Korona payment system used for Russian military fundraising
The Insider reports that the EU Council included non-bank credit organization Platezhniy Tsentr — operator and settlement center of the Zolotaya Korona payment system — in its sanctions list as part of the 21st sanctions package.
Fraud & scams
Russian interior ministry investigates alleged 12 billion-rouble aircraft parts fraud
Russia's Interior Ministry is investigating alleged embezzlement of approximately 12 billion roubles allocated for purchasing foreign aircraft parts to circumvent sanctions for Russian airlines.
Sanctions
EU adopts 21st Russia sanctions package, listing 218 parties and targeting the A7 cross-border payments network and crypto services
The Council of the European Union announced on 23 July 2026 that it had adopted a 21st package of restrictive measures against Russia, described by the Council as including the largest batch of individual listings in four years — 218 in total, comprising 48 individuals and 170 entities.
EU agrees 21st sanctions package targeting Russian banks and shadow fleet
EU ambassadors agreed on the 21st sanctions package against Russia, prohibiting transactions with 32 additional Russian banks and targeting cryptocurrency companies and oil trading platforms.
Sanctions
EU sanctions A7 cryptocurrency network and Promsvyazbank deputy chairman
The European Union sanctioned participants in the A7 cryptocurrency network, which Russia allegedly uses to circumvent international restrictions. Sanctioned individuals include Leonid Shumakov (A7A5 project director) and Mikhail Dorofeyev (deputy chairman of Promsvyazbank).
EU imposes sanctions on Medinsky, Degtyarev, Moscow Exchange and Russian banks
The European Union published its 21st sanctions package against Russia, which includes 48 individuals and 170 organisations, according to reports. Among those listed are the Moscow Exchange, approximately 94 banks including Dom.
Money laundering
US sanctions 55 CJNG figures including new leader 'El Pelón'
According to La Jornada, the Office of Foreign Assets Control (OFAC) of the US Treasury Department, in coordination with Mexico's Financial Intelligence Unit, sanctioned 55 individuals and entities linked to the Jalisco New Generation Cartel (CJNG), in what Treasury describes as its largest financial action against that group.
Sanctions
French AMF fines investment firm and executives €210,000 for unauthorized activities and conflicts of interest
According to AFP, the Sanctions Commission of the Financial Markets Authority (AMF) in a decision dated 21 July 2026 made public on 23 July imposed a total of €210,000 in fines on the investment advisory firm Financière Fonds Privés (€100,000) as well as its president Pierre-Michel Deléglise (€70,000) and its chief executive officer Thierry de Chambure (€40,000).
Sanctions
UN Security Council Libya Sanctions Committee adds vessel 'Avax' to its sanctions list over alleged illicit petroleum exports
The UN Security Council Committee concerning Libya announced it had added the vessel 'Avax' (Cameroon-flagged) to its sanctions list on 22 July 2026 for alleged involvement in attempts to illicitly export petroleum, including crude oil and refined products, from Libya.
Money laundering
Canadian intelligence flags crypto-to-cash services as 'knowingly facilitating money laundering,' document shows
A Canadian intelligence memo from FINTRAC's Strategic Intelligence unit assessed that cryptocurrency-to-cash conversion services across Canada are being 'heavily exploited for illicit purposes' and are 'knowingly facilitating money laundering, sanctions evasion' and organized crime activities, according to reporting by The Toronto Star and ICIJ.
Fraud & scams
Protector holding management arrested over alleged 12 billion rouble embezzlement for aircraft parts procurement
According to Russian media reports, officers from the Interior Ministry and FSB conducted searches at structures of Protector holding — a supplier of aircraft engines and parts.
Fraud & scams
Senator Christine Herzog sanctioned by Senate for harassment and suspected misappropriation of public funds
The Senate Bureau pronounced on July 16 a censure with temporary exclusion against Christine Herzog, senator for Moselle, for characterized moral harassment of an employee and serious breach of principles of dignity and probity.
Sanctions
EU sanctions six entities involved in Russia's military-industrial complex for drone attacks on Kyiv
The Council imposed restrictive measures on July 17, 2026, on one individual and five entities involved in Russia's military-industrial complex and drone manufacturing, in response to deadly strikes on Kyiv during the nights of July 1 and 5, 2026.
Greece Blocked EU's 21st Sanctions Package Due to Threat to Billionaire Georgy Prokopiou's Business
According to the Financial Times, Greece opposed the European Union's 21st sanctions package, which includes a ban on transporting Russian liquefied natural gas to third countries, reportedly to protect shipping company Dynagas owned by Greek businessman Georgy Prokopiou.
Sanctions
Security Council 1533 Sanctions Committee Adds Six Individuals and Two Entities to Its Sanctions List
On July 14, 2026, the UN Security Council Committee concerning the Democratic Republic of the Congo approved additions to its sanctions list targeting individuals and groups involved in destabilizing activities.
Sanctions
US sanctions Russian citizen and logistics firm over alleged Iran ties
The US Treasury Department's Office of Foreign Assets Control expanded its sanctions on July 15, 2026, targeting individuals and entities linked to Iran's Revolutionary Guard. Among those sanctioned was Maria Selina, a Russian citizen accused of direct ties to the IRGC.
Sanctions
US Treasury Freezes $130M in Crypto Assets Linked to Iran
The U.S. Treasury froze approximately $130 million in cryptocurrency assets allegedly connected to Iran's Islamic Revolutionary Guard Corps, an organization the U.S. designates as a terrorist group. According to the report, this action reflects escalating sanctions pressure amid heightened U.S.
Bribery & corruption
French Anti-Corruption Agency issues first financial penalties for compliance breaches
The French Anti-Corruption Agency's Sanctions Commission issued its first-ever direct financial penalties on 9 July 2026, against SAS V. Investissements and its president for failing to implement mandatory anti-corruption compliance measures under the Sapin II law.
Sanctions
US expands sanctions on Shamkhani network, blocks $130m in Iranian digital assets
The U.S. Treasury Department expanded sanctions targeting Mohammad Hossein Shamkhani's network, designating him as a 'key facilitator' of Iranian oil exports, according to Radio Farda.
Money laundering
Brazil dismantles network accused of laundering drug cartel money with possible links to al-Qaeda
Brazilian authorities detained ten individuals in Operation Hawala against a network accused of laundering proceeds for three of the country's major criminal organizations (Terceiro Comando Puro, Comando Vermelho and Primeiro Comando da Capital).
Money laundering
Gold Trader Gets Time Served in Iran Sanctions Case
Reza Zarrab, a businessman who pleaded guilty in 2017 to conspiracy, bank fraud, and money laundering, was sentenced to time served after cooperating with U.S. prosecutors. Zarrab admitted to conspiring with a Turkish bank to facilitate Iran's evasion of U.S. sanctions by trading its oil for gold.
Sanctions
FCA issues Decision Notice proposing £99,600 fine against BancTrust CEO for failing to disclose US and Venezuela regulatory actions
The UK Financial Conduct Authority issued a Decision Notice on 16 April 2026 proposing a £99,600 penalty against Carlos Ricardo Fuenmayor, CEO of BancTrust Investment Bank Limited, for breaching Senior Manager Conduct Rules, according to the FCA.
Sanctions
Massachusetts Man Convicted of Violating U.S. Sanctions Against Iran
Mahdi Mohammad Sadeghi, a dual U.S.-Iranian national of Natick, Massachusetts, was convicted after a 14-day jury trial of conspiracy and violations related to illegally exporting electronic components to Iran.
Sanctions
Oahu Man Pleads Guilty to Using Crypto to Evade Iran Sanctions
Arash Einolghozati, a 37-year-old lawful permanent resident from Iran, pleaded guilty to violating the International Emergency Economic Powers Act and Iranian Transactions and Sanctions Regulations.
Money laundering
Verdict Announced: Decision on Reza Zarrab Released
US Federal Judge Richard Berman ruled that Reza Zarrab's time served would count as his sentence, imposing no additional imprisonment.
Fraud & scams
Banque Populaire Val de France fined €300,000 by consumer protection authority
The General Directorate for Competition, Consumer Affairs and Anti-Fraud (DGCCRF) announced on 14 July 2026 a €300,000 fine against Banque Populaire Val de France for misleading commercial practice.
Sanctions
United States sanctioned Cuba's Tourism Ministry and paramilitary organizations linked to suppression of dissidents
The U.S. Treasury Department announced new sanctions against Cuba's Tourism Ministry, state enterprises, and organizations linked to security.
Sanctions
UK and EU impose joint cyber sanctions on 24 Russian individuals and entities over cyberespionage operations
The UK sanctioned 24 individuals and entities, including GRU senior leadership (Vyacheslav Stafeyev, Ivan Kasyanenko, Ivan Senin), operators of the Lumma Stealer malware (which allegedly affected at least 2,100 UK victims), personnel from Rybar LLC accused of spreading false narratives, and members of GRU Unit 29155.
Sanctions
EU Imposed Sanctions Against Nine People and Four Organizations for Russian Cyberattacks
The European Union imposed sanctions against nine individuals and four organizations allegedly involved in Russian cyberattacks, attributing responsibility to Russia's FSB 16th Center.
Russia allegedly established sanctions evasion network acquiring Japanese military technologies
According to a New York Times investigation based on interviews with five current and former Western intelligence officials, Russia has allegedly established a sanctions evasion network acquiring Japanese military technologies through third countries.
Sanctions
EU imposes sanctions on VK and state messenger MAX
The EU sanctioned VK (parent company owning VKontakte and Odnoklassniki), OOO "Kommunikatsionnaya Platforma" (MAX messenger developer), and 11 individuals.
Money laundering
Transparency International US report warns cryptocurrency regulatory gaps enable money laundering, terrorist financing, and sanctions evasion
Transparency International US released a report titled 'Crypto's Dirty Money Problem: What Congress Must Fix' warning that proposed US cryptocurrency legislation, including the CLARITY Act, contains regulatory gaps that could allegedly enable scammers, drug cartels, terrorist financing, sanctions evasion, and corruption.
Sanctions
Russian cyber-attacks and destabilising activities: Council sanctions nine individuals and four entities
The EU Council imposed restrictive measures on nine Russian individuals and four entities forming part of Russia's cyber ecosystem, responsible for carrying out, enabling and facilitating cyber-attacks against the EU, its member states and international partners.
EU sanctions VK and Max messenger for supporting suppression of dissent in Russia
The European Union expanded its sanctions list against Russia by adding VK and its subsidiary 'Communication Platform,' which developed the national messenger Max.
Sanctions
EU and UK impose joint sanctions on Russian cyber operators over Europe-wide cyber campaign
On 13 July 2026, the EU and UK announced coordinated sanctions against Russia's FSB intelligence agency following a December cyberattack on Poland's energy infrastructure. The EU imposed sanctions on 9 individuals and 4 entities, while the UK sanctioned 24 individuals and entities.
Sanctions
EU strengthens Sudan sanctions by banning trade in gold, mercury and cyanide
The European Union Council strengthened the EU's restrictive measures concerning Sudan on July 13, 2026, by introducing a ban on the purchase, import or transfer of gold originating in Sudan, and banning the sale, supply, transfer or export of mercury and cyanide to Sudan.
Fraud & scams
AMF: strengthened powers in the sanctioning procedure
Law No. 2026-534 of June 25, 2026 relating to combating social and tax fraud (articles 34 and 35) strengthens the AMF's sanctioning powers.
Bribery & corruption
Blatant corruption: New US sanctions target Mojtaba Khamenei's moneyman
The U.S. Treasury Department sanctioned Dubai-based Iranian banker Ali Ansari, along with 13 other individuals and entities, targeting Iran's financial networks supporting the regime's leadership.
Sanctions
US Expands Pressure Campaign With New Sanctions On Iran's Financial Networks
On July 10, 2026, the US Treasury sanctioned Ali Ansari, a Dubai-based Iranian businessman accused of managing financial networks for Supreme Leader Mojtaba Khamenei.
Sanctions
Security Council ISIL (Da'esh) and Al-Qaida Sanctions Committee Amends One Entry to Its Sanctions List
The UN Security Council ISIL and Al-Qaida Sanctions Committee amended the designation of Hamidah Nabaggala, a Ugandan national born February 23, 1989, currently residing in the Democratic Republic of the Congo.
Fraud & scams
NCA seeks $357,000 from sanctioned Russian-Cypriot linked to Gazprom
The UK National Crime Agency is pursuing civil forfeiture proceedings seeking $357,000 (approximately £275,000) from a 30-year-old man sanctioned in the UK for alleged ties to the Russian government. The individual, described as Russian-Cypriot, reportedly has connections to Gazprom.
Sanctions
UK sanctions seven individuals and two Russian research institutes over chemical weapons programme
On July 6, 2026, the UK sanctioned seven individuals and two leading scientific research institutes involved in Russia's chemical weapons programme, imposing asset freezes and travel bans.
Money laundering
Remittances, money laundering and opacity: experts warn of risks in the Mexican financial system
Experts allege that the Jalisco Nueva Generación Cartel and Sinaloa Cartel may have utilized phantom remittances entering Banco del Bienestar to finance the ruling party and 2024 elections in Mexico.
Sanctions
UK sanctions Russians developing chemical weapons used to kill Alexei Navalny and Dawn Sturgess
The UK sanctioned seven individuals and two research institutes on 6 July 2026 for their alleged involvement in researching, developing, and producing Novichok nerve agents and Epibatidine toxin used in poisonings.
Sanctions
UAE Central Bank Fines Foreign Bank Branch Dh1.82 Million for Consumer Protection Breach
The Central Bank of the UAE imposed a financial sanction of Dh1,820,000 on a branch of a foreign bank operating in the country for failing to issue a liability letter within the mandated seven-day period, in violation of the central bank's Market Conduct and Consumer Protection Regulations and Standards, according to the regulator.
Sanctions
Estonia releases judgments detailing 5 convictions for Russia sanctions breaches
Estonian courts released judgments on 6 July 2026 detailing 5 convictions across 3 cases for sanctions breaches related to Russia.
Sanctions
Iran, Russia, and North Korea Increase Use of Cryptocurrency to Evade U.S. Sanctions
According to Chainalysis, cryptocurrency addresses linked to sanctioned entities received over $100 billion last year, representing an eightfold increase from the previous year.
Money laundering
Brazil Police launched operation against criminal targets sanctioned by United States
Brazil's Federal Police conducted an operation to dismantle a criminal organization dedicated to money laundering from international drug trafficking.
Money laundering
Brazilian police target suspects sanctioned by US over PCC drug gang links, sources say
Brazil's federal police launched Operation Exchange targeting suspects sanctioned by the United States over alleged ties to the Primeiro Comando da Capital (PCC) drug gang. A São Paulo court authorized the seizure of assets, cash and cryptocurrency worth up to approximately $2 billion.
Sanctions
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5, a Russia-backed ruble-pegged stablecoin designed to facilitate cross-border payments outside Western financial channels, claims it averages approximately $205 million in daily trading volume and processed $34.
Money laundering
Brazil Freezes $2 Billion in PCC Assets Days After US Sanctions Land
Brazil's federal police launched Operation Exchange on July 3, 2026, deploying more than fifty officers across São Paulo state to target suspects sanctioned by the United States over alleged ties to the Primeiro Comando da Capital (PCC) drug gang.
Bribery & corruption
Six Panamanian Police Officers Reassigned Amid Investigations for Alleged Corruption
Panama's National Police faces internal scrutiny after reassigning six officers to administrative functions while investigations for alleged corruption proceed.
Money laundering
U.S. Treasury sanctions two individuals linked to Brazilian PCC criminal group money laundering network
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) designated two Brazilian citizens—Victor Henrique de Oliveira Shimada and Stella Stefanie Nunes Henrique de Oliveira—and multiple companies for alleged involvement in money laundering connected to the PCC criminal organization.
Russia suspected of surveillance on nuclear arsenals in Europe. Spy drones launched from 'shadow fleet' vessels
The International Institute for Strategic Studies reports that Russia conducted surveillance operations on European nuclear facilities using drones launched from vessels belonging to the 'shadow fleet'—ships identified as Seasons 1 and Hav Dolphin operating outside normal international shipping channels.
Fraud & scams
From accountant to cartel operator: the trajectory of the man who structured CJNG's fuel business
Oscar Guillermo Juraidini Silva, Mexican accountant, was sanctioned by the U.S. Treasury Department's OFAC on June 30, 2026, accused of designing and operating a corporate network that allowed the CJNG cartel to evade taxes on fuel imports.
Money laundering
Iraq's 'Dawn Operation' expands: Investigation may broaden to hundreds of names; 200 billion dinars and 100 kilograms of gold under state control
Iraq's 'Dawn Operation' anti-corruption investigation uncovered evidence of money laundering, with authorities seizing approximately 200 billion Iraqi dinars and 100 kilograms of gold from government officials, including $11 million and 4 billion dinars discovered in hidden compartments.
Money laundering
US-Halkbank case settlement reached: Iran war effect
Turkish state-owned Halkbank reached a Deferred Prosecution Agreement with the US Department of Justice on March 9, 2026, according to Yetkin Report.
Sanctions
OFAC Updates ISIS-Khorasan Sanctions with Over 100 Cryptocurrency Wallets
OFAC expanded its designation of ISIS-Khorasan (ISIS-K) by adding 134 cryptocurrency wallet addresses to the sanctions list, including 131 TRON and 3 Monero addresses. According to the analysis, the designated wallets received over $1.4 million since 2023 and transferred more than $880,000.
Money laundering
Mexico and US sanction network allegedly linked to CJNG
Financial authorities in Mexico and the United States jointly targeted a network allegedly involved in fuel smuggling connected to the Jalisco Nueva Generación cartel. The U.S.
Sanctions
New Zealand and Australia raid companies suspected of breaching Russia sanctions
New Zealand and Australian authorities conducted coordinated search warrants across Auckland, Christchurch and Melbourne targeting suspected breaches of New Zealand's Russia sanctions regime.
Sanctions
OFSI imposes £1 million penalty on Sabre Global Technologies for sanctions circumvention and service to designated airline
OFSI imposed a £1 million penalty on Sabre Global Technologies in June 2026 for continuing to provide services to JSC Ural Airlines after the airline became subject to UK sanctions.
Sanctions
New Zealand and Australia Conduct Coordinated Raids Over Suspected Russia Sanctions Breaches
New Zealand and Australian authorities conducted coordinated raids in Auckland, Christchurch, and Melbourne in late June 2026, with search warrants first executed on June 22 and additional warrants carried out in Christchurch the following week, coordinated with simultaneous raids in Melbourne by Australian Border Force and Australian Federal Police.
Sanctions
ECB sanctions Banque Internationale à Luxembourg €3.255 million for breaching internal models decision
The European Central Bank imposed an administrative penalty of €3,255,000 on Banque Internationale à Luxembourg (BIL) for intentionally failing to apply its approved internal models for the calculation of expected loss for retail and corporate exposures in default.
Sanctions
Energy Firm Named After £500,000 Russia Sanctions Settlement
HMRC announced that Petrofac Facilities Management Limited paid a £569,157 compound settlement for breaching Russia sanctions in 2022 and 2023 while winding down Russian operations.
Sanctions
Poster Boy: Sanctioned Kinahan Cartel Lieutenant Found Playing Padel in Dubai
Bellingcat and The Sunday Times revealed that Ian Thomas Dixon, a sanctioned lieutenant of the Kinahan organized crime group, has been living openly in Dubai and participating in padel tournaments under an alias. Dixon was sanctioned by the U.S.
Sanctions
French Navy Seizes Fifth Russian Shadow Fleet Tanker as EU Sanctions Target Crypto-Funded Evasion Networks
France's Navy intercepted oil tanker Deliver near Sicily on June 23, 2026, marking the fifth Russian shadow fleet vessel seized by France in 2026. The Cameroon-flagged ship allegedly carried Russian crude destined for Singapore.
Sanctions
Broker Bourse Direct fined €800,000
The AMF Sanctions Commission imposed a fine of €800,000 on investment services provider Bourse Direct and €50,000 on its president Catherine Nini. The Commission found that 96,000 transactions had not been reported to the AMF between January 1, 2021 and November 30, 2023, representing €2.
Bribery & corruption
Truck driver sentenced for attempted bribery of police officer during vehicle inspection in Chubut
Truck driver Nicolás Flores Orquezo from Puerto Madryn was sentenced to one year suspended prison for attempting to bribe a Chubut police officer during a vehicle inspection on August 28, 2025.
Sanctions
Russia's war of aggression against Ukraine: Council extends economic sanctions for another year
The EU Council renewed restrictive measures against the Russian Federation for a further 12 months, until 31 July 2027, in view of Russia's continuing actions destabilising Ukraine.
Money laundering
UAE Central Bank fines foreign bank Dh20 million for repeated AML violations
The Central Bank of the UAE announced it imposed a financial penalty of Dh20 million on an unnamed foreign bank for significant, repeated failures in its Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations and Sanctions framework, according to the regulator.
Money laundering
CACEIS UK censured and to pay £31.7m to WealthTek clients for weak financial crime controls
FCA issued public censure to CACEIS Bank (UK Branch) on June 19, 2026 (published June 25) for serious failings in anti-money laundering and client due diligence controls between October 2020 and April 2023.
Money laundering
Former Axel Kicillof minister to stand trial for alleged money laundering in luxury car purchase
Argentina's Federal Court of Campana sent Jorge Alberto D'Onofrio (former Buenos Aires Province Transport Minister) and Facundo Asensio (former VTV Inspection director) to trial for aggravated money laundering.
EU Extends Russia Sanctions for Full Year for First Time, Announces 21st Sanctions Package Targeting 90 Banks
EU leaders agreed June 19, 2026 to extend sanctions on Russia for a full year—the first time they have done so, breaking from previous six-month renewal cycles. Hungary and Slovakia did not object this time, shift linked to Viktor Orbán's departure as Hungarian Prime Minister.
Money laundering
Who is who in Nueva Familia Michoacana? The four brothers who run one of the most sought-after cartels
Adita Hurtado Olascoaga, known as 'La Venadita,' serves as Nueva Familia Michoacana's primary financial operator. According to U.S. investigations and OFAC, she directs a money laundering network based on purchasing used clothing in the United States for subsequent resale in Mexico.
Sanctions
Super-Potent Synthetic Opioids Spread Across US Amid Fentanyl Crackdown
US Treasury sanctioned Jiangsu Bangdeya New Material Technology Co., LTD, a Chinese company, for offering illicit substances for sale, including fentanyl and protonitazene.
Fraud & scams
Former FSB Employee Sentenced to 13 Years for Embezzlement in Anti-Drone System Development
Military court convicted Sergey Efimov, former FSB research institute head, of inflating component costs for the Obereg drone-suppression system by 12 million rubles. Defense argued cost increases were necessary due to supplier reluctance stemming from fear of sanctions.
Sanctions
Bulgaria to veto EU sanctions package against Russia for first time over Lukoil and Putin's spiritual advisor Tikhon Shevkunov
Bulgarian Prime Minister Rumen Radev announced Bulgaria will block a new EU sanctions package targeting Russia, objecting to provisions threatening Lukoil (Bulgaria's sole refinery in Burgas and key fuel supplier) and restrictions on Patriarch Tikhon Shevkunov, considered Putin's spiritual advisor.
Sanctions
US Judge Formally Dismisses Halkbank Iran Sanctions Evasion Case After Deferred Prosecution Agreement
US District Judge Richard Berman ruled June 17, 2026 that Turkey's Halkbank had met conditions agreed with government for dismissing case under deferred prosecution deal signed in March.
Money laundering
Guatemala's Executive sanctions Decree 15-2026 against money laundering and will take effect in three months
Guatemala's Executive sanctioned Decree 15-2026, the Comprehensive Law for the Prevention and Repression of Money Laundering and Terrorism Financing, on June 17, 2026, with implementation in three months.
Sanctions
UK Fines Sabre Global Technologies Record £1m for Russia Sanctions Breach
The UK imposed a record £1 million penalty on the UK unit of Sabre Global Technologies for breaching financial sanctions against Russia, marking the UK's largest penalty for a Russian sanctions breach since the 2022 invasion of Ukraine.
Sanctions
Imposition of Monetary Penalty - Sabre Global Technologies Limited (SGTL)
OFSI imposed £1 million penalty on UK travel technology company Sabre Global Technologies for continuing to provide Russian carrier Ural Airlines access to its global distribution system for seven months after UK sanctions imposed in May 2022.
Sanctions
UK issues largest penalty for financial sanctions breaches since Russia's 2022 illegal invasion of Ukraine
UK Office of Financial Sanctions Implementation (OFSI) fined Sabre Global Technologies £1,000,920.59 for continuing to provide Russian carrier Ural Airlines access to its Global Distribution System for seven months after UK sanctions were imposed.
Money laundering
San Diego Resident Charged with Conspiring to Provide Material Support to Hamas
Reda Mazen Rida Sabassi, 38, of San Diego, charged with terrorism, sanctions-evasion, wire fraud, money laundering, and false statements in connection with allegedly raising approximately $600,000 through purported charitable campaigns and diverting funds to Hamas.
Fraud & scams
Critical US-Turkey File Closed: Halkbank Case Dismissed
Federal judge in Manhattan Richard Berman dismissed criminal case against Halkbank filed in 2019, following settlement agreement reached with Trump administration in March 2026. U.S.
Sanctions
UK Clamps Down on Shady Networks Supplying Putin's Illegal War with New Sanctions Package
The UK announced 70 new sanctions targeting Russia's shadow fleet (including over 20 oil tankers), military procurement networks run by Russian military intelligence (GRU), and illicit finance operations, bringing the total number of entities sanctioned under the Russia regime in 2026 to nearly 500.
Sanctions
Shadow fleet tankers found with remote control and data deletion programs creating explosion and oil spill risks
Wall Street Journal/U.S. Coast Guard investigation revealed shadow fleet tankers (transporting Russian and Iranian oil) use remote desktop applications (AnyDesk, TeamViewer) allowing operators to remotely intervene in ship systems and delete data.
Sanctions
US military copied Iran's smuggling tactics to move Gulf oil, report reveals
The US military has secretly coordinated the transfer of an estimated 90 million barrels of Gulf oil since May 2026, adopting Iran's own sanctions-evasion tactics to covertly move the oil, according to a Reuters investigation.
Britain imposes world's first sanctions on Russian 'shadow fleet' vessels carrying LNG
Britain introduced the first-ever global sanctions targeting Russian 'shadow fleet' vessels transporting liquefied natural gas, aiming to disrupt illicit energy commerce.
Money laundering
The Real Threat in Dubai Isn't Russian Money – It's the IRGC - Analysis of IRGC Sanctions Evasion Through UAE Financial Infrastructure
Article identifies mechanisms through which Iran's IRGC exploits Dubai's financial infrastructure to circumvent sanctions: Free Trade Zones (IRGC heavily utilizes general trading companies, shell corporations, and front entities nested within 40+ distinct zones exploiting regulatory fragmentation);…
Sanctions
GRU officers and Yandex Bank designated in UK sanctions lists
UK sanctions designated Yandex Bank and Wildberries Bank, plus entities connected to the A7 cryptocurrency payment system created by Promsvyazbank and fugitive Moldovan oligarch Ilan Shor for facilitating sanctions evasion.
Sanctions
EU Imposed Sanctions Against 45 Companies from Seven Countries Linked to 'Shadow Fleet' and Russian Military Production
EU Council sanctioned 9 individuals and 45 organizations across Russia, China, Hong Kong, UAE, Turkey, Azerbaijan, and Liberia for sanctions evasion.
Sanctions
Captain charged over sanctions breach in Russian shadow oil tanker operation
The Crown Prosecution Service announced on 15 June 2026 that Ajay Pant, 38, has been charged with contravening Regulation 46Z9B under the Russia (Sanctions) (EU Exit) Regulations 2019, namely directly or indirectly supplying or delivering by ship prohibited Russian oil or oil products to a third…
Sanctions
EU Council adopts 'mini' sanctions package against Russia targeting shadow fleet and military suppliers
The EU Council approved a package designating 34 individuals and 47 entities.
Sanctions
Russia's war of aggression against Ukraine: new EU sanctions target energy revenues, the military-industrial complex, propaganda and human rights violations
The European Council adopted a 'mini-package' of restrictive measures introducing asset freeze listings on 34 individuals and 47 entities.
United Kingdom for first time detained Russian shadow fleet tanker
UK Royal Marines boarded and detained the Russian shadow fleet tanker 'Smyrtos' (operating under Cameroon flag) in the English Channel following a six-hour operation. The vessel was used to transport Russian oil circumventing Western sanctions.
Sanctions
UK forces board sanctioned Russian shadow fleet oil tanker
Royal Marine Commandos and National Crime Agency officers boarded sanctioned vessel SMYRTOS (Cameroon flag) in English Channel on June 14, 2026 in first UK-led operation of its kind. Six-hour operation supported by Chinook, Merlin, Wildcat helicopters, RAF P-8, HMS Sutherland, HMS Ledbury.
Sanctions
EU prepares sanctions against Moscow Exchange, Patriarch Kirill, Svetofor owners and others
The European Union prepared a new sanctions package targeting 52 individuals and 180 organizations including Moscow Exchange (the country's largest exchange platform and central element of Russian financial infrastructure), Patriarch Kirill, presidential aide Vladimir Medinsky, businessman Mikhail…
Sanctions
EU's 21st sanctions package against Russia to extend to cryptocurrency platforms in Georgia
The EU's 21st sanctions package against Russia extends measures to cryptocurrency platforms operating in Georgia and other third countries.
Sanctions
ECB fines J.P. Morgan SE €12.18M for incorrect risk-weighted asset calculations
European Central Bank imposed two administrative sanctions totaling €12,180,000 on J.P. Morgan SE for incorrectly calculated risk-weighted assets. First sanction (€10.15M) concerned credit risk-weighted assets misclassification over 15 reporting periods (Dec 2019-June 2023). Second sanction (€2.
Sanctions
Brussels Court Convicts Three Over Russia Sanctions Evasion Scheme
On June 11, 2026, a Brussels court sentenced three men for operating a criminal organisation to circumvent EU sanctions by exporting restricted goods to Russia through intermediary countries.
Sanctions
FCA Decides to Fine Carlos Ricardo Fuenmayor £99,600 for Disclosure Failures
FCA fined Carlos Ricardo Fuenmayor, Chief Executive of BancTrust, £99,600 for failing to disclose three separate matters to FCA including December 2017 investigation and June 2019 sanction by US Financial Industry Regulatory Authority until December 2021.
EU imposes new sanctions against Russia affecting 90 banks. European Commission proposes banning entry to EU for all participants in war with Ukraine
European Commission proposed 21st sanctions package against Russia targeting 90 Russian banks (largest package of financial sanctions against banks), bringing total sanctioned banks above 100, representing more than 50% of all Russian credit organizations conducting international transactions.
Sanctions
EU proposes new sanctions on Russian oil, 'shadow fleet', fisheries and soldiers
European Commission proposed 21st sanctions package targeting Russia's shadow fleet (30 vessels blacklisted, bringing total above 660) and support vessels providing bunkering services.
Sanctions
OFAC Designates Iranian Financial Sector Operatives for Sanctions Evasion
OFAC designated Amir Hossein Rad and Seyed Ali Khoee under counterterrorism and Iran sanctions authorities. Rad was designated for operating in the financial sector of the Iranian economy, and Khoee for being a leader of NOBITEX, a cryptocurrency exchange.
Sanctions
Iran/Strait of Hormuz: Council makes first individual designations targeting threats to freedom of navigation
The EU Council made its first individual designations under the framework extended on 22 May 2026 to target those threatening freedom of navigation in the Strait of Hormuz, listing two individuals and one entity.
Sanctions
OFAC, SEC Probing Kazakh Brokerage
OFAC and the SEC are investigating Freedom Holding, a Nasdaq-listed bank headquartered in Almaty, Kazakhstan, founded by Russian-born billionaire Timur Turlov. The joint investigation focuses on alleged sanctions breaches.
Money laundering
Russia sanctions teenage son of anti-corruption campaigner Bill Browder over alleged crypto laundering report
Russia added Alexander Browder, a 17-year-old British student and son of Kremlin critic Sir Bill Browder, to its sanctions list on June 3, 2026, after he published a Henry Jackson Society report exposing the A7A5 cryptocurrency network.
Bribery & corruption
Nine police officers detained at Vitarte Police Station for alleged corruption: Public Ministry and Dircocor executed operation
The Public Ministry and the Anticorruption Directorate of the National Police (Dircocor) detained nine officers at the Vitarte Police Station in Lima on charges of passive bribery.
Sanctions
Further sanctions on Hamas and Palestinian Islamic Jihad
Australia imposed counter-terrorism financing sanctions on three individuals linked to the terrorist organisations Hamas and Palestinian Islamic Jihad.
Money laundering
'I touched a nerve': British teenager banned from Russia over work on crypto sanctions evasion
Russia's Foreign Ministry sanctioned 17-year-old Alexander Browder (son of Bill Browder) for March 2026 Henry Jackson Society report exposing A7A5 ruble-pegged stablecoin as crypto laundering network.
Money laundering
Russian Citizen Tatyana Kurashkevich Arrested in Georgia on FBI Warrant for Aviation Sanctions Evasion
Russian citizen Tatyana Kurashkevich detained at Tbilisi airport at FBI request for circumventing international sanctions and organizing supply of aircraft spare parts (Airbus components) to Russia after Ukraine invasion.
Sanctions
Iranian National Pleads Guilty to Violating Sanctions
A 44-year-old Iranian citizen pleaded guilty in U.S. District Court in Seattle to federal felonies related to his scheme to violate trade sanctions by smuggling military-related technology to Iran via China.
Fraud & scams
Chinese National Pleads Guilty in North Korea Tobacco Smuggling Sanctions Evasion Scheme
A Chinese national pled guilty on June 5, 2026, in D.C. federal court to conspiracy to defraud the U.S. in a sanctions evasion scheme involving North Korean tobacco smuggling, ending a case that had seen two mistrials. The case is part of broader U.S.
Sanctions
Russia Procured German Engines for FSB Vessels Worth Hundreds of Thousands of Euros in Breach of Sanctions
Investigation by Dossier Center and Süddeutsche Zeitung uncovered Russia procured MAN diesel engines for FSB patrol vessels through Turkey-Hong Kong intermediary network. St. Petersburg shipyard Almaz received at least six engines worth 760,000 euros via firm Kronstadt.
Money laundering
HSBC's Swiss unit faces formal French probe over ex-Lebanon bank chief
French prosecutors filed preliminary charges against HSBC's Swiss private banking unit for alleged organized money laundering and conspiracy related to suspected $300 million embezzlement by Riad Salameh, former governor of Lebanon's central bank.
Sanctions
Cuba Designations Confirming Blocking Status of GAESA, MININT, and MINFAR
OFAC confirmed that GAESA (Grupo de Administración Empresarial S.A.), MININT, and MINFAR are blocked pursuant to Executive Order 14404 relating to Cuba sanctions. All three entities blocked as of June 4, 2026. GAESA is a conglomerate owned by Cuban Revolutionary Armed Forces.
Sanctions
FCA Review Finds Significant Gaps Remain in Firms' Sanctions Controls
On May 28, 2026, the UK Financial Conduct Authority (FCA) published its findings after reviewing 150 authorized firms' sanctions systems and controls, concluding that while firms have materially improved since 2022, significant gaps remain.
Sanctions
Russia Imposes Sanctions on Teenager for First Time: Son of Bill Browder Exposed Illegal A7A5 Ruble Stablecoin Operations
Russia imposed personal sanctions against 17-year-old British teenager Alexander Browder for exposing financial schemes using A7A5 stablecoin created by fugitive Moldovan banker Ilan Shor and Promsvyazbank financing Russian military-industrial complex.
Oreshkin Urges Russians Not to Expect Sanctions Lifted: 'The World Will Not Return to How It Was'
Russian presidential aide Maksim Oreshkin stated at the St. Petersburg Economic Forum that Russia should not expect sanctions to be lifted and needs to move from defensive tactics to a proactive approach in responding to sanctions. This indicates ongoing systemic sanctions evasion infrastructure.
Sanctions
Iranian Businessman Arrested at His Home in the US for Sanctions Violations
FBI agents arrested Jamshid Ghomi, 63-year-old dual Iranian-American citizen, on June 3, 2026. Charged with conspiracy to violate International Emergency Economic Powers Act (IEEPA) for sanctions evasion related to transactions with Iran.
Sanctions
Tracing Digital Links Between Viory and Ruptly
Bellingcat investigation reveals multiple technical connections between Viory, a UAE-based video news agency operating across the Global South, and Ruptly, a subsidiary of sanctioned Russian state media outlet Russia Today.
Sanctions
Iranian-American Citizen Arrested on Charges of Circumventing US Sanctions
DOJ charged Jamshid Ghomi, 63-year-old Iranian-American technology executive in California, for conspiracy to violate International Emergency Economic Powers Act.
Money laundering
CEO of Iran Tech Company Arrested on Federal Charge of Supplying U.S. Equipment to Iran's Nuclear and Military Establishment
Jamshid Ghomi, 63, dual U.S.-Iranian citizen and CEO of Tehran-based Faraz Pardaz Rayaneh Co. Ltd., arrested for violating sanctions by supplying sophisticated U.S. networking, security, and encryption equipment to Iran's Atomic Energy Organization and military.
Sanctions
OFAC fines FTI Consulting $1m over VTB payments
The US Office of Foreign Assets Control imposed a $1 million penalty on FTI Consulting for engaging in a payment arrangement with VTB Bank, a US-sanctioned Russian financial institution.
Sanctions
US sanctioned four Iranian citizens and four major cryptocurrency exchanges in Iran
The US Treasury sanctioned four Iranian cryptocurrency exchanges (Nobitex, Wallex, BitPin, Ramzinex) and four Iranian individuals for facilitating sanctions evasion and supporting IRGC operations.
Sanctions
US imposes sanctions on Iran's largest crypto exchange over IRGC links
The United States imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange controlled by two brothers from a prominent Iranian family, citing alleged connections to the Islamic Revolutionary Guard Corps and use of the platform to circumvent banking restrictions.
Sanctions
U.S. sanctions four Iranian citizens and four major crypto exchangers in Iran
U.S. Treasury Department sanctioned four Iranian crypto exchangers (Nobitex, Bitpin, Ramzinex, Wallex) and four Iranian citizens including Amirhossein Rad (CEO and founder of Nobitex) and Syed Ali Khoyee (current CEO).
Sanctions
OFAC Designates Nobitex and Major Iranian Cryptocurrency Exchanges in Sweeping Evasion Crackdown
OFAC designated Nobitex — Iran's largest crypto exchange — and Wallex, Bitpin, and Ramzinex for sanctions evasion, terrorist financing and helping prop up the Iranian regime. This is the Treasury Department's largest action yet against Iran's digital asset economy.
Sanctions
Economic Fury Targets Iran's Largest Digital Asset Exchange for Terror Finance and Sanctions Evasion
OFAC sanctioned Nobitex (Iran's largest cryptocurrency exchange processing over 50% of Iranian digital asset inflows in 2025), along with Wallex, Bitpin, and Ramzinex exchanges, plus four individuals including Nobitex chairman Amir Hossein Rad and brothers from the Kharrazi family.
Bribery & corruption
EU strengthens anti-corruption efforts: new sanctions for bribery and influence trafficking with stricter penalties for high-ranking officials
The European Union approved a new directive strengthening criminal penalties for corruption across all member states.
Sanctions
BaFin imposes administrative fine on Resolution Capital Limited
On May 27, 2026, BaFin imposed an administrative fine of €80,000 on Resolution Capital Limited for breach of supervisory duties in connection with contravention of the German Securities Trading Act (WpHG).
France detained Russian shadow fleet tanker in Atlantic Ocean
French naval forces intercepted the oil tanker Tagor in the Atlantic Ocean on May 31, 2026. The vessel was under sanctions from the US, EU, UK, and Ukraine since February 2026.
Sanctions
Exposed IRGC operative shutters Turkish aviation front as hundreds of Iranian-linked companies remain active
IRGC-Quds Force operative Hossein Hafez Amini, a naturalized Turkish citizen, operated Rey Airlines as logistical platform for covert IRGC activities; company now suspended in Turkish trade registries.
Money laundering
French Authorities Detained Russian Shadow Fleet Tanker
French authorities detained a Russian shadow fleet tanker. The network of Mohammad Hussein Shamhani includes shell companies that launder billions of dollars in profits from Iranian and Russian crude oil, with Iran having extensive experience in evading international sanctions.
Sanctions
Woodpecker algorithm: crypto, crime, state companies - how Russia cuts 'financial window to Europe'
Proyekt investigation revealed that former FSB chief Nikolai Patrushev, oligarchs Roman Abramovich and Vladimir Yevtushenkov were beneficiaries of the A7 cross-border payment network evading sanctions.
Fraud & scams
Organizers of Sanctions Evasion Scheme to Unfreeze Assets Arrested
Alexey Sedushkin, general director of broker 'Investment Chamber,' and Yulia Khandoshko, head of European broker Mind Money, were arrested in Moscow. According to prosecutors, a criminal case was opened against them for fraud committed by an organized group or on an especially large scale.
Sanctions
United States seizes $1 billion in cryptocurrency linked to Iran's Defense Ministry
U.S. Treasury Secretary Scott Bessent announced seizure of approximately $1 billion in cryptocurrency linked to Iran's Defense Ministry and sanctioned four Iranian crypto exchanges (Nobitex, BitPin, Wallex, Ramzinex) that processed at least $2.3 billion for sanctioned entities since 2023.
Sanctions
U.S. Treasury Secretary: Approximately one billion dollars in cryptocurrency confiscated from Iran
Treasury Secretary Scott Bessent announced at the Reagan National Economic Forum that the U.S. has seized approximately $1 billion in Iranian-linked cryptocurrency as part of Operation Economic Fury.
Sanctions
UN Security Council extends South Sudan sanctions for one year
The UN Security Council adopted Resolution 2821 (2026) on May 29, 2026, extending sanctions on South Sudan for one year until May 31, 2027.
Sanctions
US adds Persian Gulf Strait Authority to sanctions list
United States Treasury Department added the Persian Gulf Strait Authority to its Specially Designated Nationals list as part of new Iran-related sanctions measures. The designation targets the authority's role in Iran's maritime control operations in the strategically critical Strait of Hormuz.
Sanctions
United Kingdom imposed sanctions against Russian cryptocurrency infrastructure
UK imposed major sanctions package on May 26, 2026 targeting cryptocurrency exchanges and illicit finance networks used by Russia. First application of correspondent banking and payment processing restrictions to crypto exchanges.
Sanctions
Sanctions Fears as Kyrgyzstan Shutters Companies Suspected of Aiding Russia
Kyrgyz authorities announced that 50 companies believed to be helping Russia evade sanctions were being forced to shut their operations in the country. This is the first time Kyrgyzstan has shuttered companies over cooperation with sanctioned entities.
Sanctions
UK Sanctions Crypto Companies With Russia Ties
UK sanctioned 18 entities May 26, 2026 including HTX (formerly Huobi) exchange and A7A5 ruble-pegged stablecoin for helping Russia evade sanctions. Global Ledger report claimed HTX processed $21 billion in 'high-risk' crypto flows 2021-May 2026, with at least $7.
Money laundering
Argentine Justice charged the financier convicted in the United States for laundering USD 1.2 billion from Venezuela's oil
Judge Marcelo Aguinsky charged Luis Fernando Vuteff, Argentine financier, with money laundering of illicit sources conducted habitually and imposed an embargo of $5.1 million USD. Vuteff was convicted in the US (December 2024) to 30 months in prison for conspiracy to launder $1.
Sanctions
UK Sanctions 18 Crypto Entities Including HTX Exchange and A7A5 Stablecoin Network for Russia Sanctions Evasion
The UK sanctioned 18 entities including HTX (formerly Huobi) cryptocurrency exchange and the A7A5 ruble-backed stablecoin network for helping Russia evade sanctions and finance its war in Ukraine. HTX allegedly channeled over $1.
Sanctions
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
The UK sanctioned 18 cryptocurrency exchanges, payment providers, and individuals for helping Russia bypass international trade blockades using digital assets. Major targets include HTX (formerly Huobi Global S.A.), which is suspected of channeling over $1.
Sanctions
UK cracks down on backdoor Russian sanctions evasion with tough new measures
UK sanctioned 18 entities and individuals comprising the Kremlin-backed 'A7 Network' which moved over $90 billion in 2025—equivalent to roughly half Russia's yearly military expenditure. Targets include HTX (formerly Huobi), a major global cryptocurrency exchange suspected of channeling over $1.
Sanctions
Kyrgyzstan and Georgia hit with more sanctions for helping Russian war effort
UK imposed fresh sanctions targeting crypto and illicit finance networks operating in Kyrgyzstan and Georgia that enable Russia to procure goods needed for its war effort, designating 18 entities and individuals.
Sanctions
Wall Street Journal reports Babak Zanjani's network processed $850 million to help transfer funds for Iran
Wall Street Journal reported Babak Zanjani's financial network processed $850 million through Binance over two years ending 2024. Associates including sister, romantic partner, and company manager operated accounts managed from unified hardware devices to circumvent U.S. sanctions.
Money laundering
Federal Prosecution participates in international BRICS anti-money laundering program
UAE Federal Prosecution participated in five-day BRICS international anti-money laundering program.
Sanctions
US widens sanctions to hit Lebanon's powerful deep state
The United States expanded sanctions targeting Lebanon's institutional power structure, including close associates of Speaker Nabih Berri and military officials.
Sanctions
AMF sanctions Ytane Mamou and Elie Houri for insider trading
The AMF Sanctions Commission condemned on 20 May 2026 Mr. Ytane Mamou to a fine of €30,000 and his cousin Mr. Elie Houri to €20,000 for insider trading.
Sanctions
US sanctions elected Hezbollah MPs and Lebanese security officials
United States imposed sanctions on nine individuals accused of enabling Hezbollah to 'undermine Lebanon's sovereignty', including members of Lebanon's parliament, an Iranian diplomat and security officials in Lebanese governmental institutions.
Sanctions
Sanctions systems and controls in our firms: our findings
FCA published review of over 150 firms' sanctions controls since February 2022, identifying systemic weaknesses including inadequate customer due diligence, poor alert management, deficient name and transaction screening, and improper frozen asset handling.
Sanctions
Kyrgyzstan Shuts 50 Companies In New Crackdown On Russia-Related Sanctions Evasion
Kyrgyzstan's Justice Ministry announced the suspension of 50 companies flagged by Western partners for suspected Russia sanctions circumvention. Deputy Prime Minister Daniyar Amangeldiev stated the government conducted an investigation and suspended the registration of 50 companies.
Money laundering
FINMA launches consultation on revised Anti-Money Laundering Ordinance
Swiss regulator FINMA launched consultation (until June 9, 2026) on partially revised AML Ordinance addressing beneficial ownership transparency, Embargo Act compliance to prevent sanctions breaches, and FATF recommendations implementation.
Money laundering
How a money laundering network suspected of ties to Revolutionary Guards operates from London
Investigation reveals Zarrinqalam family-based financial network suspected of laundering funds for IRGC operates from London using shell companies in China and UAE.
Sanctions
Russia imported second Airbus via Oman to circumvent sanctions
Russia imported second Airbus A320 aircraft (registration RA-73899) through Oman to circumvent sanctions. Plane arrived at Vnukovo Airport mid-May after traveling from Istanbul to Muscat before receiving Russian registration.
Sanctions
OFSI imposes £165,000 penalty on Deutsche Bank AG London Branch for Russia sanctions breaches
The Office of Financial Sanctions Implementation imposed a penalty of £165,000 on Deutsche Bank AG London Branch for processing two payments totalling £635,618.75 to Okko LLC, a sanctioned Russian app developer, on behalf of an Irish-incorporated corporate customer.
Sanctions
U.S. Treasury Secretary calls for allies to pressure Iran's financial networks
U.S. Treasury Secretary Scott Bessent called on allies to disrupt Iran's financial networks. Treasury reviewed sanctions list and directed U.S. banks to monitor oil labeled as 'Malaysian blend' in shipping documents, frequently used to conceal Iranian origin.
Sanctions
Germany Uncovers Major Sanctions Evasion Scheme Supplying Russia - 16,000 Shipments Worth Over $34 Million Through Turkish Intermediaries
German authorities uncovered major sanctions-evasion scheme in May 2026 that allegedly supplied Russia's military industry with European dual-use technology through front companies and Turkish intermediaries. Approximately 16,000 shipments valued at over $34 million.
Money laundering
Switzerland – investigation into financial sanctions circumvention
Swiss Federal Police (Fedpol) Annual Report 2025 disclosed investigation into Russian funds held by sanctioned Russian oligarch, described as 'one of largest cases involving money laundering for purpose of evading sanctions'.
Money laundering
Identity disclosure of Zarrinqalam network members assisting IRGC money laundering in London; who are the golden-pen family and what do they do?
Iran International investigation revealed eight members of the Zarrinqalam family, who own multiple currency exchange businesses, established a money laundering network to assist the IRGC in circumventing international sanctions.
Sanctions
OFAC Announces $275 Million Settlement with Adani Enterprises for Iran Sanctions Violations
OFAC announced $275,000,000 settlement with Adani Enterprises Limited (AEL), Ahmedabad, India-based company, to settle potential civil liability for 32 apparent violations of Iran sanctions.
Sanctions
Record €20 million sanction against Société Générale for serious failings in insurance
The ACPR Sanctions Commission imposed on 13 May 2026 a reprimand and a pecuniary sanction of twenty million euros to Société Générale for its insurance intermediary activity. This is the highest sanction ever pronounced by the ACPR since 2018.
Sanctions
Ruble-pegged stablecoin A7A5 says it has a business even if sanctions end
A7A5 ruble-pegged stablecoin processed over $110 billion cumulative onchain transactions, capturing 43% of global non-USD stablecoin market.
Sanctions
Turkey Plays Central Role in Transfer of Iranian Weapons to Sudan
U.S. federal indictment against Iranian national Shamim Mafi details how Turkish financial channels, currency exchanges, and corporate networks facilitated transfer of Iranian weapons to Sudan's Ministry of Defense in violation of U.S. sanctions. Mafi allegedly brokered $72.
Sanctions
Iran's Hawala Networks Thwarting US Sanctions
Iran relies on exchange houses, brokers and informal hawala networks across the Middle East, mostly in Gulf Arab states, to help its economy remain resilient under sanctions. Transfers often settle in less than 48 hours and cost just 1-5 percent of the transferred sum.
Sanctions
Processing of AFA president 'Chiqui' Tapia for tax evasion confirmed
On May 14, the economic criminal court rejected AFA's and Claudio 'Chiqui' Tapia's attempt to appeal the decision to prosecute for alleged improper withholding of tax and social security contributions linked to Argentine football clubs.
Sanctions
Iran's Hawala Networks Operating Through Gulf Brokers Evade Sanctions
Iran relies on hawala networks operating through exchange houses and brokers in Dubai, Kuwait, and Gulf Arab states, with entire Telegram channels tracking daily 'hawala (Emirati) dirhams' rates between Dubai and Iran and Omani rials into Iranian accounts.
Sanctions
ACPR Sanctions Société Générale at €20 Million in its Capacity as Insurance Intermediary
The ACPR Sanctions Commission issued a reprimand and a financial penalty of €20 million against Société Générale in its capacity as an insurance intermediary.
Sanctions
UAE adds 21 people and companies to terrorist list over Hezbollah links
UAE Cabinet designated 21 individuals and entities as terrorists due to connections to Hezbollah. All assets to be investigated and frozen following Cabinet decision.
Money laundering
US Treasury Department instructed banks to identify and report suspected money laundering networks connected to Iran regime
The US Treasury Department instructed American financial institutions to identify and report suspected money laundering networks connected to Iran that allegedly use shell companies and cryptocurrency to obscure illegal oil sales circumventing sanctions, according to Payam Javan.
Money laundering
US Treasury enlists banks to target Iranian money laundering schemes
US Treasury directed banks to intensify monitoring of Iranian money laundering networks concealing proceeds from sanctioned oil sales.
Sanctions
Dubai Regulator DFSA Bans DIFC Reinsurance Broker, Fines Him Dh513,000 for Misleading Clients and Insurers
The DFSA fined reinsurance broker Wael Abdelmohsen Abdellatif Mohamed Emara (Mohsen) $139,722 (Dh513,129) and prohibited him from holding office or working at any DFSA-authorised firm. He is also restricted from carrying out any function connected to financial services in or from DIFC.
Money laundering
UK Sanctions Iranian Targets in Response to National Security Threats
The UK Foreign Secretary announced sanctions targeting organisations and individuals enabling hostile Iranian activity, imposing travel bans, asset freezes, and director disqualification orders on nine people and three entities.
Money laundering
Economic Fury Ramps Up Pressure on Iran's Islamic Revolutionary Guard Corps Oil Operations
OFAC designated 12 individuals and entities for facilitating IRGC oil sales to China through front companies.
Sanctions
United States imposes new sanctions on financial network supporting Iran
U.S. Treasury sanctioned 3 individuals and 9 entities in May 2026, including four Hong Kong-based companies that played a key role in facilitating money transfers and circumventing Iran's oil sanctions in Asian markets by facilitating Iranian oil transfers to China.
Sanctions
Counter Terrorism and Counter Narcotics Designation Update
OFAC issued Counter Terrorism and Counter Narcotics designations on May 8, 2026, blocking property and interests in property of certain persons under U.S. jurisdiction.
Money laundering
FATF pledges to probe OCCRP Dubai Unlocked findings on UAE property money laundering
Following OCCRP's Dubai Unlocked investigation (70+ media outlets, published May 2026), FATF pledged experts will examine findings and consider them in assessing UAE's AML efforts.
Sanctions
Reuters report: how Kharrazi brothers used cryptocurrency to serve IRGC
Reuters investigation found that brothers Ali and Mohammad Kharrazi (using surname Aghamir) turned Nobitex into Iran's dominant cryptocurrency provider managing ~70% of Iran's crypto transactions.
Money laundering
BaFin imposes fines on DLT Securities GmbH and other firms for anti-money laundering violations
BaFin imposed three fines totaling €140,000 on DLT Securities GmbH for violations of German Money Laundering Act, including failure to establish adequate business and customer-related internal security measures.
Sanctions
European Ships Keep Russia's Shadow Fleet Afloat
Joint investigation by OCCRP and Follow the Money reveals Western shipowners earned at least $6.3 billion selling hundreds of aging tankers to shell companies that became part of Russia's shadow fleet. At least 230 vessels from Europe and U.S.
Sanctions
A7, Company Implicated In Sanctions Evasion, Reportedly Linked To Russian Oligarchs
Russian oligarchs allegedly use A7 payments company for sanctions evasion via ruble-backed cryptocurrency A7A5. Founded 2024 by Moldovan oligarch Ilan Shor.
Money laundering
Allegations of 'asset reconciliation' preparation on parliament agenda: CHP poses critical 11 questions to Mehmet Şimşek
CHP Istanbul Deputy Fethi Açıkel submitted 11 questions regarding allegations that the Treasury and Finance Ministry is preparing a new asset reconciliation.
Bribery & corruption
Publication of EU Directive 2026/1021 on anti-corruption redefining European criminal framework against corruption
EU Directive 2026/1021 of 29 April 2026 was published in the Official Journal of the European Union on 11 May 2026. This directive redefines the European criminal framework against corruption and requires France to overhaul its legal arsenal by 2028.
Sanctions
'Economic Wrath' campaign: U.S. sanctions Iran's hidden banking network
U.S. Treasury sanctioned 35 entities and individuals involved in Iran's shadow banking operations under 'Economic Wrath' campaign. Network allegedly moved tens of billions of dollars linked to sanctions evasion.
Report: Abramovich tied to Russian payment platform created to evade sanctions, serving drone makers
An investigation by Proekt alleges that billionaires Roman Abramovich and Viktor Kharitonin may be connected to A7, a payment platform established in 2024 to facilitate cross-border money transfers circumventing Western sanctions.
Money laundering
France's ACPR fines MoneyGram €1.3 million for anti-money laundering failings
France's ACPR Sanctions Commission issued Decision No. 2024-06 on 19 March 2026, imposing a formal reprimand and a financial penalty of €1.
Sanctions
EU's largest measures against Russia yet include escalation of crypto sanctions evasion
The EU unveiled its 20th Russia sanctions package in late April 2026, imposing a total ban on the country's crypto providers and platforms and blocking the central bank's digital ruble and the RUBx stablecoin.
Sanctions
The EU's 20th sanctions package targets the architecture of crypto sanctions evasion
EU's 20th sanctions package expanded the banned crypto-assets list: RUBx and the digital ruble joined A7A5 in sanctions annexes, both effective May 24, 2026.
Money laundering
New EU Sanctions Could Turn Russian Cryptocurrency into 'Dirty' Worthless Paper
EU introduced its 20th sanctions package on May 24, 2026, implementing a complete sectoral ban on all transactions with Russian crypto services. The sanctions targeted the digital ruble, stablecoins (RUBx, A7A5), and any schemes to circumvent payment restrictions.
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Sanctions
OFAC Designates Four Major Iranian Cryptocurrency Exchanges in Economic Fury Campaign
OFAC designated four major Iranian cryptocurrency exchanges: Nobitex, Wallex, Bitpin, and Ramzinex as part of Trump administration's Economic Fury campaign.
Sanctions
EU's 20th Russia Sanctions Package
EU unveiled 20th Russia sanctions package April 23, 2026 with total ban on Russian crypto providers and platforms, blocking central bank digital ruble and RUBx stablecoin. Sectoral ban on transacting with any Russian centralized or decentralized crypto trading platforms due to circumvention use.
Sanctions
The Kyrgyz crypto company TengriCoin has been hit with EU sanctions for transactions involving A7A5
EU added TengriCoin to sanctions list on April 23, 2026, as part of 20th sanctions package against Russia. TengriCoin operates Meer platform, major marketplace for trading A7A5, Russian government-backed ruble stablecoin backed by funds at Promsvyazbank.
Sanctions
20th sanctions package includes restrictions on Russian crypto platforms, new shadow fleet measures, 120 individuals and companies
EU Council adopted 20th sanctions package against Russia in April 2026, largest in two years by number of personal restrictions, including 120 new individual listings and major sectoral measures affecting energy, finance, trade, and military-industrial complex.
Sanctions
EU Banned Servicing Russian Tankers and Imposed Sanctions Against Kyrgyzstan for Helping Russia Evade Them
EU introduced sanctions against entities, including from Kyrgyzstan, for helping Russia evade sanctions. The EU's 20th sanctions package placed 120 individuals and legal entities under blocking restrictions.
Sanctions
Russia's war of aggression against Ukraine: 20th round of stern EU sanctions targets energy, military-industrial complex, trade and financial services, including crypto
EU adopted its largest crypto sanctions package in history (effective May 24, 2026): total sectoral ban on all Russia-based crypto service providers and platforms; ban on four Russian-linked digital assets including RUBx stablecoin, Russia's digital ruble CBDC, and Belarusian Digital Ruble; designation of TengriCoin (Kyrgyz exchange trading A7A5 stablecoin which processed $119.
Fraud & scams
Treasury Sanctions Cambodian Senator Kok An and Scam Center Network Defrauding Americans
OFAC designated Cambodian senator Kok An and 28 individuals and entities in his network for controlling scam compounds throughout Cambodia used for digital asset investment fraud targeting Americans.
Sanctions
OFAC Sanctions 14 Individuals, Entities, and Aircraft Based in Iran, Turkey, and UAE for Weapons Procurement
On April 21, 2026, OFAC sanctioned 14 individuals, entities, and aircraft based in Iran, Turkey, and the United Arab Emirates for their alleged involvement in procuring or transporting weapons or weapons components on behalf of the Iranian regime.
Sanctions
Poland fines company that supplied luxury cars to Russia in breach of sanctions
Polish tax authorities imposed record 20 million PLN fine (approximately $5.5 million) in April 2026 on company operated by Belarusian citizens in Małopolska region for sanctions violations. Company sent over 100 luxury cars worth PLN 49 million (€11.6 million) to Russia between 2022-2023.
Money laundering
Cartel boss Daniel Kinahan arrested in Dubai
Daniel Kinahan, Irish organized crime boss sanctioned by the US in 2022 for drug smuggling and money laundering, was arrested in Dubai on an Irish extradition warrant.
Sanctions
Sanctioned Russia-Linked Exchange Grinex Suspends Operations
Russia-linked cryptocurrency exchange Grinex suspended operations on April 16, 2026, after cyberattack resulting in loss of 1 billion rubles ($13.7 million).
Money laundering
UK Charges British Shipping Financier John Ormerod for Russia Sanctions Breach and Money Laundering
The Crown Prosecution Service charged John Michael Ormerod, 75, with two criminal offences: unlawfully handling £200,000 subject to asset freeze rules and transferring £100,000 suspected to be criminal proceeds.
Sanctions
15-year-old arrested for ANTS data breach affecting 11.7-19 million French citizens
France's National Agency for Secure Titles (ANTS/France Titres) suffered cyberattack on April 15, 2026, with Ministry of Interior confirming April 20 that 11.7 million accounts affected (estimates range 12-19 million).
Sanctions
Economic Fury Targets Illicit Oil Smuggling Network Run by Iranian Regime Elite and Hezbollah Gold Financing Scheme
OFAC sanctioned over two dozen individuals, companies, and vessels tied to Mohammad Hossein Shamkhani's multi-billion dollar oil smuggling network.
Money laundering
AMF sanctions Kerdiz Finance and executives for professional obligation violations
On April 1, 2026, the AMF imposed a €300,000 fine on Kerdiz Finance et Conseil and €75,000 fines each on directors Anthony Finck and Marc Peuvrier, plus a five-year ban on financial advisory activity.
Fraud & scams
Politically Connected Crypto Project Pursued Resort With Alleged Scam Syndicate Figures
AB, a blockchain network partnered with Trump family's World Liberty Financial, promoted a cryptocurrency resort in Timor-Leste involving three individuals later sanctioned by the U.S.
Sanctions
Publication of new guidelines on asset freezing to combat circumvention of Russian sanctions
On 18 March 2026, the General Directorate of the Treasury (DG Trésor) and the Prudential Supervision and Resolution Authority (ACPR) published new joint guidelines on asset freezing, replacing the previous version of 16 June 2021.
Sanctions
UAE detains dozens of Iran-linked money changers, shuts down IRGC financial networks in Dubai
UAE authorities detained dozens of money changers connected to Iran's Revolutionary Guards, shutting down associated companies and closing their offices in a significant disruption to Tehran's sanctions-evasion infrastructure, according to the report.
Sanctions
Dubai crackdown hits Iran's economic lifeline, squeezes IRGC networks
UAE arrested numerous money changers connected to Iran's IRGC, dealing a blow to Tehran's sanctions-evasion infrastructure.
Sanctions
Russia's Secret, Sanctions-Busting Cryptocurrency Empire
Investigation reveals A7A5 stablecoin processed $119.7B, functions as purpose-built settlement rail for sanctioned Russian businesses. Backed by Promsvyazbank deposits (state-owned bank supporting military industrial base), majority-owned by convicted oligarch Ilan Shor.
Money laundering
UK's FCA bans Kasım Garipoğlu from financial activities: 'red flag' over fake diploma
UK's Financial Conduct Authority issued decision March 13, 2026 banning Kasım Garipoğlu from financial activities.
Money laundering
Decision of Sanctions Committee for Banking Corporations regarding violations of Anti-Money Laundering Law provisions by Bank Mizrahi Tefahot Ltd. – imposition of financial penalty of 6.8 million shekels
Bank of Israel's Sanctions Committee imposed a 6.8 million shekel financial penalty on Mizrahi Tefahot Bank for violations of the Anti-Money Laundering Law.
Fraud & scams
Former Bank CEO Pleads Guilty to Venezuela Sanctions Evasion and Wire Fraud Conspiracy
The former Chief Executive Officer of Nodus International Bank pleaded guilty for leading a scheme to fraudulently obtain at least $24.9 million from Nodus Bank and conspiring to evade U.S. sanctions against Venezuela. The scheme involved efforts to evade U.S.
Sanctions
New ACPR-DGT guidelines on asset freezing
On March 18, 2026, ACPR and Direction générale du Trésor published updated guidelines on implementing asset freezing measures, replacing June 2021 text.
Sanctions
OFSI Fines Apple Distribution International £390,000 for Russian Sanctions Breaches
UK Office of Financial Sanctions Implementation imposed £390,000 penalty on Apple Distribution International Limited (Irish subsidiary) for making two payments totaling £635,618.
Fraud & scams
Judicial settlement agreement of public interest between HSBC Bank plc and the PNF for cum-cum tax fraud
A judicial settlement agreement of public interest (CJIP) was concluded on January 6, 2026 between the National Financial Prosecutor's Office and HSBC Bank plc, validated by the Paris judicial court president on January 8, 2026.
Money laundering
ACPR sanctions MoneyGram International SA for serious deficiencies in anti-money laundering and terrorist financing controls
The ACPR Sanctions Commission issued a reprimand and a pecuniary sanction of €1.3 million to MoneyGram International SA on 19 March 2026.
Sanctions
German Police Arrest Five in €30 Million Russia Sanctions Evasion Scheme
German police arrested five men for delivering more than 16,000 shipments to at least 24 Russian arms companies since 2022, in breach of EU sanctions.
Money laundering
Organization of violations matrix and sanctions for anti-money laundering and terrorist financing
Kuwait Ministry of Commerce and Industry issued Ministerial Decision No. 25 of 2026 establishing comprehensive anti-money laundering violations framework with three severity tiers. Low-risk violations: fines up to 500,000 KWD. Medium-risk: fines plus 3-month license suspension.
Fraud & scams
World Bank debars Turkish firm for corruption in Iraq
World Bank imposed debarment with conditional release on Aktif Elektroteknik San ve Tic A.S. for minimum of one year and three months following findings of corrupt and fraudulent practices in Iraq.
Sanctions
Ex-UFC Fighter Mounir Lazzez Linked to $80 Million Iran-Sanctioned Oil Tanker Deals and Kinahan Cartel
Bellingcat and The Sunday Times uncovered documents linking ex-UFC fighter Mounir 'The Sniper' Lazzez to multimillion-dollar shipping deals involving crude oil tankers that were later sanctioned by the US government for helping the Iranian regime.
Money laundering
U.S. Federal Reserve Terminates Long-Standing AML Enforcement Orders Against Standard Chartered
U.S. Federal Reserve terminated two long-standing enforcement orders against Standard Chartered and its American arm on February 26, 2026. Orders originally issued on December 10, 2012 and April 8, 2019, had required bank to strengthen controls and governance tied to past violations of U.S.
Fraud & scams
OFAC sanctions North Korean IT worker network for $800 million crypto scheme
OFAC designated six individuals and two entities for facilitating North Korean IT worker fraud schemes that generated nearly $800 million in 2024 to fund DPRK weapons programs. Network includes Amnokgang Technology Development Company and facilitators in Vietnam, Laos, Spain.
Sanctions
The Insider Identifies 6,000 Exporters Trading with Sanctioned Russian Defense Firms
Investigation analyzing 2024-2025 foreign trade data identified over 6,000 companies trading with sanctioned Russian enterprises and defense contractors, including approximately 4,000 Chinese firms (Henan New Silk Road International delivered 100+ turbojet engines worth $3M to sanctioned Chipdevice…
The Insider identified over 6,000 companies (mainly from China and Turkey) supplying Russian military-industrial complex equipment despite sanctions
The Insider investigation analyzed Russian companies' foreign trade data for 2024-2025 and identified over 6,000 foreign firms (including ~4,000 Chinese and Hong Kong, ~300 Turkish, 120 UAE, and 60 Indian companies) directly or indirectly supplying the Russian military-industrial complex while ignoring international sanctions.
Sanctions
The Insider discovered over six thousand companies (mainly from China and Turkey) supplying equipment to Russian defense sector despite sanctions
The Insider analyzed Russian foreign trade data from 2024-2025 and identified over 6,000 foreign exporting firms supplying Russia's defense sector despite sanctions.
Sanctions
VARA Steps Up Enforcement to Safeguard Dubai's Virtual Asset Market: 19 Unlicensed Firms Penalised and Public Warning Issued
VARA has imposed financial penalties on 19 firms for carrying out unlicensed Virtual Asset activities and for breaches of VARA's Marketing Regulations, with sanctions including cease-and-desist orders and fines ranging from AED 100,000 to AED 600,000.
Sanctions
DOJ, Halkbank agree to end Iran sanctions case
Turkey's state-owned Halkbank reached deferred prosecution agreement with US DOJ to resolve $20 billion Iran sanctions evasion case (March 2026). Halkbank agrees not to transact with Iran and to hire compliance monitor but pays no fines and admits no wrongdoing.
Sanctions
U.S. and Halkbank Reach Deal to End Long-Running Iran Sanctions Case
Turkish state-owned Halkbank reached a deferred prosecution agreement with the U.S. Justice Department to settle charges over evasion of Iranian sanctions, ending a nine-year legal battle.
Money laundering
Turkey's Halkbank Reaches Deferred Prosecution Agreement with DOJ Over Iran Sanctions Violations
Turkish state-owned Halkbank reached DPA with DOJ to resolve criminal case alleging fraud, money laundering, and conspiracy to help Iran evade U.S. sanctions through money servicers and front companies in Iran, Turkey, and UAE.
Money laundering
Halkbank case concluded; US Department of Justice announces agreement
U.S. DOJ and Halkbank reached deferred prosecution agreement on March 9, 2026. Bank faced allegations of covertly transferring ~$20 billion in restricted Iranian funds, converting oil revenues into gold and cash to help Iran circumvent U.S. sanctions.
Money laundering
Kinahan cartel leaders photographed in Dubai despite U.S. sanctions and bounties
Bellingcat investigation revealed Daniel and Christy Kinahan, leaders of €1.5 billion Kinahan cartel, photographed at Dubai MMA event in June 2025, marking most recent sighting since U.S. government placed multi-million dollar bounties on them.
Fraud & scams
DOJ Files Civil Forfeiture Against $15M Linked to Iranian Oil Sanctions Evasion Network
Department of Justice filed civil forfeiture complaints against $15.
Sanctions
Nation-State Cryptocurrency Sanctions Evasion Scales to Billions: Russia A7A5 Processes $93B, Iran $7.8B in 2025
Nation-state crypto use moved decisively into billions—Russia's A7A5 ruble-pegged stablecoin processed $93B+ in under one year, functioning as purpose-built settlement rail for sanctioned actors connecting Russia with counterparties across China, Southeast Asia, Iran.
Sanctions
Ghost factory: How Georgia helps Putin circumvent oil sanctions
Investigation reveals Georgia's Kulevi oil refinery may be facilitating Russian oil exports allegedly disguised as Georgian products. Georgia's oil product exports jumped 3,300% to $56 million in January 2026.
Sanctions
US sanctions reveal Iran's growing reliance on Turkish companies to expand drone and missile programs
US Treasury sanctioned three Turkish shell companies in February 2026 for facilitating Iran's drone and missile procurement networks. Firms Utuş, Arya, and Altis established late 2024 with minimal capitalization and broad business descriptions to obscure actual function.
Money laundering
CJIP: Périphériques et Matériels de Contrôle sanctioned for foreign public official corruption
On February 18, 2026, the Paris court approved a judicial public interest agreement (CJIP) between the PNF and PÉRIPHÉRIQUES ET MATÉRIELS DE CONTRÔLE SAS following an investigation into corruption of a foreign public official and money laundering.
Sanctions
Two Caisses d'Épargne sanctioned for 9.2 million euros in fines for abusive bank fees
The DGCCRF announced on February 24, 2026 sanctions totaling 9.2 million euros against two entities of the BPCE group for misleading commercial practices related to intervention commissions.
Money laundering
FINMA revokes MBaer Merchant Bank license for AML and sanctions compliance failures
FINMA withdrew license of MBaer Merchant Bank AG and ordered liquidation following serious AML/sanctions compliance failures. Bank enabled clients to circumvent official asset freezes; 80% of business relationships carried increased risks, with 98% of recent assets from high-risk clients.
Sanctions
Sanctions compliance in practice: lessons from OFSI's £160,000 Bank of Scotland penalty
The Office of Financial Sanctions Implementation imposed a £160,000 monetary penalty on Bank of Scotland Plc for breaching Russia financial sanctions regulations in January 2026.
Sanctions
FT Uncovers Network of Shell Firms Exporting $90Bln in Sanctioned Russian Oil
Financial Times investigation identified 48 ostensibly independent companies operating as coordinated network exporting over $90 billion in sanctioned Russian crude. Discovery made through shared email infrastructure: all 442 web domains used single mail server 'mx.phoenixtrading.ltd'.
Financial Times identified network of 48 companies exporting Russian oil in sanctions circumvention worth $90 billion
Financial Times identified a network of 48 companies involved in transporting Russian oil in circumvention of sanctions worth $90 billion. All 48 companies were discovered to use the same private email server, revealing a coordinated sanctions evasion scheme.
Sanctions
American company Ubiquiti massively supplies Russian army with networking equipment in violation of sanctions
According to an investigation by Hunterbrook published by The Insider, Ubiquiti networking equipment has become foundational communications infrastructure for Russian forces in Ukraine, despite active U.S. and EU sanctions.
Fraud & scams
Shipwrecks, Sham Papers and False Flags: Tracking the Company Behind It All
Bellingcat found evidence of new registry offering flag registration in Nicaragua with links to maritime fraud schemes. Found certificate issued as recently as February 2 for sanctioned tanker Al Jafzia.
Money laundering
New US sanctions expose Turkey's role in Hezbollah's cash pipeline, sanctions evasion
New U.S. sanctions reveal Turkish firms and shipping companies have been designated by Washington, signaling that Turkey's territory and corporate registry are being exploited by sanctioned networks to launder trade flows, move restricted goods and disguise the origin of Iranian exports.
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Sanctions
COMMENT: How Armenia Helps Russia Bypass Western Sanctions
IMF economist noted in February 2026 that Armenia was helping Russia circumvent EU sanctions, pointing to unprecedented rise in EU goods shipments being processed through Armenian customs and then repackaged and sent to Moscow.
Money laundering
Istanbul Chief Public Prosecutor's Organized Money Laundering Investigation: 9 Companies Seized
Istanbul Chief Public Prosecutor's investigation (case 2026/8080) uncovered organization using fake export/import invoices to bring money of unknown origin into Turkey and benefit from foreign exchange conversion support.
Sanctions
New wave of U.S. sanctions on Iran trade: 5 Turkish firms among 15 companies and 14 vessels on list
U.S. State Department announced new sanctions targeting Iran's petrochemical trade, placing 15 companies and 14 vessels on enforcement list.
Money laundering
A Paris Lawyer Suspended Six Months for Defrauding Approximately One Hundred Clients
The Paris Court of Appeal confirmed the six-month suspension of a young lawyer from the Paris bar, aged 29, specializing in immigration law, for defrauding approximately 100 clients, mainly persons in irregular situation.
Sanctions
Germany Arrests Five for Russia Sanctions Evasion Scheme Worth €30 Million
German federal prosecutors arrested five men for allegedly violating European Union sanctions against Russia by exporting more than €30 million ($36 million) in industrial goods to customers that included at least 24 Russian arms manufacturers.
Sanctions
AMF sanctions Makor Securities Paris and its manager Yankel Hassan for deficiencies in market abuse prevention
The AMF Sanctions Committee condemned Makor Securities Paris to a fine of €700,000 and its director Yankel Hassan to €150,000 for serious failings in their market abuse detection system.
Sanctions
OFSI imposes £160,000 monetary penalty on Bank of Scotland for Russia sanctions breach
OFSI imposed a £160,000 penalty on Bank of Scotland Plc for breaching the Russia financial sanctions regime by processing 24 payments over 16 days in February 2023 for a designated ex-Russian politician, with aggregate value exceeding £77,000.
Sanctions
OFAC sanctions Iran 'shadow fleet' facilitators, naming Dubai and Muscat shipping actors
The U.S. Treasury's Office of Foreign Assets Control (OFAC) designated shipping and vessel-management companies along with nine vessels on January 23, 2026, accused of supporting Iranian oil and petroleum-product exports.
Money laundering
AMF sanctions M Capital Partners and its executives Rudy Secco and Stéphanie Minissier for 305,000 euros
In its decision of 31 December 2025, the Sanctions Commission imposed fines of 200,000 €, 70,000 € and 35,000 € respectively against M Capital Partners and its executives, Rudy Secco and Stéphanie Minissier, for breaches of several professional obligations between August 2019 and December 2023.
Sanctions
Lafarge convicted of financing terrorism in Syria, fined €1.125m and executives imprisoned
On April 13, 2026, the Paris Criminal Court convicted Lafarge and four former senior executives of financing terrorism and violating international sanctions. The cement maker was found guilty of financing terrorist groups - notably the Islamic State - totaling €5.
Money laundering
AMLA Takes Major Step in Preparing for Direct Supervision
EU's Anti-Money Laundering Authority (AMLA) launched consultations in February 2026 on three draft regulatory technical standards: (1) customer due diligence, (2) criteria for identifying business relationships, occasional transactions, and linked transactions, and (3) financial sanctions, administrative measures, and periodic penalty payments.
Money laundering
AMF sanctions Novaxia Investissement and its former executive Joachim Azan for 500,000 euros
In its decision of 10 December 2025, the Sanctions Commission imposed fines of 400,000 € and 100,000 € respectively against asset management company Novaxia Investissement and one of its former executives, Joachim Azan, for breaching several professional obligations.
Sanctions
UAE Central Bank revokes Omda Exchange licence and imposes AED 10 million fine
Central Bank of UAE revoked licence of Omda Exchange operating in UAE, struck name off Register and imposed financial sanction of AED 10 million following supervisory examinations. Action taken under Decretal Federal Law on Central Bank and Organisation of Financial Institutions and Activities.
Money laundering
Sanction Committee Decision No. 2024-01 dated November 7, 2025 regarding Banque Chaabi du Maroc
ACPR imposed €250,000 fine and reprimand on Banque Chaabi du Maroc for AML/CFT deficiencies and internal control failures despite prior 2013 sanction; penalty reduced due to bank's remediation costs, small size, and fragile financial situation.
Money laundering
ACPR Sanctions Banque Chaabi du Maroc with a Fine of EUR 250,000 for AML/CFT Failures
On November 7, 2025, the ACPR Sanctions Commission sanctioned Banque Chaabi du Maroc (BCDM), French subsidiary of Banque Centrale Populaire du Maroc, with a reprimand and a fine of EUR 250,000 for serious failures in its anti-money laundering and countering the financing of terrorism (AML/CFT) framework as well as failures in internal controls.
Money laundering
Chairman of Prince Group Indicted for Operating Cambodian Forced Labor Scam Compounds Engaged in Cryptocurrency Fraud Schemes
Chen Zhi, founder and chairman of Prince Holding Group, charged with wire fraud and money laundering conspiracy for directing forced-labor scam compounds across Cambodia engaged in 'pig butchering' cryptocurrency fraud.
Money laundering
Poland blocks criminal network smuggling Mercedes, BMWs into Russia and Belarus amid war sanctions
Poland's Central Bureau of Investigation arrested 20 individuals in mid-September 2025 for smuggling approximately 600 luxury cars (BMW, Mercedes, Porsche, Lexus, Range Rover) to Russia and Belarus violating EU sanctions.
Sanctions
AMF sanctions Altaroc Partners and its executives Maurice Tchenio and Patrick de Giovanni for 1.3 million euros
In its decision of 15 September 2025, the Sanctions Commission imposed fines of 600,000 €, 500,000 € and 200,000 € respectively against asset management company Altaroc Partners and its executives, Maurice Tchenio and Patrick de Giovanni, for breaches of their professional obligations.
Money laundering
OFAC Targets $600 Million Iranian Shadow Banking Network Using Cryptocurrency to Evade Sanctions
OFAC sanctioned Iranian financial facilitators operating a $600 million shadow banking network that used cryptocurrency to launder $100 million in oil proceeds for Iran's military through front companies.
Money laundering
Transparency International Revealed Details About Garantex Rebirth — Russian Crypto Exchange Used to Bypass Sanctions
Transparency International - Russia published investigation about Garantex crypto exchange, which the US called the largest Russian platform for money laundering and evading international sanctions.
Sanctions
UK Sanctions Cryptocurrency Exchanges and A7 Network for Russia Sanctions Evasion
UK designated cryptocurrency exchange Huobi Global (HTX), which channeled over $1.5 billion to Russia, along with 3 Georgian crypto exchanges and the A7 network that moved $9.3 billion through A7A5 ruble-backed stablecoin in four months.
Sanctions
U.S. adds co-founders of cryptocurrency exchange Garantex to sanctions list for helping Russia evade sanctions
U.S. Treasury OFAC sanctioned three Russian nationals and several companies on August 14, 2025 for operating Garantex cryptocurrency exchange specializing in ruble-to-stablecoin exchanges used to circumvent restrictions.
Sanctions
United States sanctions 18 individuals and entities involved in circumventing sanctions and suppressing Iranian people
OFAC sanctioned 18 Iranian entities and individuals for circumventing US sanctions and generating revenue for the regime.
Sanctions
ECB sanctions Belfius Bank for breaching requirements on internal models
The ECB issued an administrative penalty of €6.94 million to Belfius Banque S.A. / Belfius Bank S.A./N.V. for non-compliance with requirements related to implementing internal models.
Sanctions
Justice Department Declines Prosecution of Robert Bosch GmbH Following Voluntary Disclosure of Sanctions Violations and Related Offenses
DOJ's National Security Division issued first declination under corporate self-disclosure policy for Robert Bosch GmbH, resolving investigation into alleged scheme to send products containing U.S. technology to Entity-listed Huawei in PRC. Bosch will pay $36.
Money laundering
Russian entrepreneur arrested in U.S. on allegations of laundering $500 million and evading sanctions
FBI arrested Russian crypto company founder in New York on allegations of laundering $500 million and evading sanctions imposed on Russia. Individual accused of conducting illicit financial operations to circumvent international restrictions through cryptocurrency platforms.
US charges founder of cryptocurrency company Evita with laundering half a billion dollars for Russian clients
US prosecutors charged Russian citizen Yuri Gugnin with 22 counts including fraud and money laundering. His cryptocurrency company Evita allegedly served as front for laundering hundreds of millions of dollars for sanctioned Russian companies and facilitating evasion of export controls.
U.S. charges founder of crypto company Evita with laundering $500 million for Russian clients
Russian citizen Yuri Gugnin, founder of cryptocurrency company Evita, charged in the US with laundering approximately $530 million for sanctioned Russian companies and obtaining export-controlled technologies for the Russian government between June 2023 and January 2025.
Money laundering
CBUAE imposes financial sanctions of AED 12.3 million on six exchange houses
Central Bank of UAE imposed financial sanctions totaling AED 12.3 million ($3.35 million) on six exchange houses operating in UAE for violations and failures to comply with AML/CFT framework and related regulations. Action taken pursuant to Article 14 of Federal Decree Law No.
Money laundering
Founder of cryptocurrency payment company charged with evading sanctions and export controls, defrauding financial institutions, and violating the Bank Secrecy Act
Iurii Gugnin, 38, Russian citizen residing in New York, charged with using cryptocurrency company Evita to funnel over $530 million through U.S. banks while hiding transactions for sanctioned Russian banks (Sberbank, Sovcombank, VTB, Tinkoff, Alfa-Bank).
Money laundering
New US sanctions against over 30 entities and individuals operating Iran's 'shadow banking network'
US Treasury sanctions targeting over 30 entities and individuals operating Iran's shadow banking network that laundered billions of dollars.
Money laundering
UAE Central Bank fines exchange house Dh100 million for AML failures
The Central Bank of the UAE imposed a Dh100 million penalty on an unnamed exchange house for significant failures in its Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations framework and related regulations.
Money laundering
UAE imposes Dh200 million fine on exchange house for anti-money laundering law breach
Central Bank of UAE imposed Dh200 million fine on unnamed exchange house for major violations of anti-money laundering and counter-terrorism financing regulations. Investigation revealed serious compliance failures in AML framework.
Money laundering
CBUAE imposes sanctions on five insurance brokers over anti-money laundering failures
The Central Bank of the UAE imposed sanctions on five insurance brokers for deficiencies in their AML/CFT compliance frameworks and sanctions controls. Two insurance brokers received financial penalties, while three others received formal warnings.
Sanctions
U.S. sanctions prominent Turkish chemical firm: added to blacklist
U.S. State Department sanctioned Kimpaş Kimya, Turkish petrochemical supplier, for conducting approximately $15 million in unlawful trade with Iran as part of broader effort to disrupt roughly $500 million smuggling operation. Company added to U.S.
Money laundering
Abu Dhabi authorities impose $12.46 million fines on firms, ban CEO for breaches and misconduct
ADGM's Financial Services Regulatory Authority imposed total financial penalties of $12.46 million on Hayvn Group of Companies, AC Holding Limited, AC Limited, and former CEO Christopher Flinos for serious regulatory breaches.
Money laundering
International action dismantles notorious Russian crypto exchange Garantex
DOJ, German, and Finnish authorities coordinated seizure of Garantex cryptocurrency exchange domains and servers, freezing over $26 million in illicit funds.
Money laundering
Gold smuggling. Four companies from Kyrgyzstan subject to US sanctions
OFAC sanctioned four Kyrgyzstan companies (Mirdk Fyuels, Suprim Ef Iks, Sakhara Petroleum, Royal Sona) on December 9, 2024 for gold smuggling and money laundering. All registered March 30, 2023 at same address, curated by David Paul Crosby of Skorus Investments.
Sanctions
Treasury Intensifies Sanctions Against Russia by Targeting Russia's Oil Production and Exports
U.S. Treasury took sweeping action targeting Russia's primary revenue source with sanctions against major oil producers including Gazprom Neft and Surgutneftegas, more than 180 vessels—many part of the shadow fleet—along with opaque traders of Russian oil, Russia-based oilfield service providers,…
Sanctions
Sovereign Cyberpunk. How Russia is Building Digital Infrastructure for Repression and War Using Western Components in Circumvention of Sanctions
Investigation reveals that Russia is attempting to build 'sovereign internet' and expand surveillance capabilities, but key players in system integration and server solutions depend on imported components from Taiwan, China, and Korea.
Money laundering
Treasury exposes money laundering network using digital assets to evade sanctions
OFAC designated five individuals and four entities tied to TGR Group money laundering operation.
Money laundering
US and UK Report Exposure of International Network of Companies Helping Russian Elites Bypass Sanctions and Launder Money from Criminal Groups
US and UK announced exposure of TGR Group and Smart international network that helped Russian elites use cryptocurrency to bypass sanctions and launder money. Through TGR Group, Russian elites used digital assets, particularly dollar-backed stablecoins, to bypass US and international sanctions.
US and UK expose 'international network' of companies helping Russian elites evade sanctions and launder criminal proceeds
US and UK uncovered international money laundering network (Smart and TGR companies) operating in 30 countries, coordinated from Moscow, London, and Dubai. Networks helped Russian elites evade sanctions and laundered billions for drug traffickers, financial criminals, and foreign spies.
Money laundering
Operation Destabilise: NCA exposes billion-dollar money laundering network that purchased bank to fund Russian war effort
NCA Operation Destabilise exposed two Russian-speaking networks, Smart (led by Ekaterina Zhdanova) and TGR (led by George Rossi/Maksakov), laundering billions for Russian elites, cybercriminals, drug gangs, and firearms smugglers.
Money laundering
Lithuania imposes record fine on crypto company over sanctions
Lithuanian FCIS fined cryptocurrency company Payeer €9.3 million (€8.23M for sanctions breaches, €1.06M for AML violations). Payeer allowed Russian customers to conduct transactions in rubles with sanctioned Russian banks through Payeer.com platform for over 1.5 years.
Sanctions
Investigation: Serbian Firms Ship Sanctioned Dual-Use Tech To Russia
Serbian companies shipped at least $71.1 million in sanctioned dual-use goods to Russia since February 2022, including electronics used in Russian armaments. Kominvex exported at least $27 million worth of Intel components.
Money laundering
Central Bank of UAE imposes financial sanction of AED 4.8 million on exchange house for AML/CFT violations
The Central Bank of UAE imposed a fine of AED 4,800,000 on an exchange house after findings revealed weak compliance framework regarding risk analysis and due diligence policies to prevent money laundering and terrorism financing.
Money laundering
UAE Ministry of Economy imposes AED 2.25 million in administrative sanctions on three companies in gold and real estate sectors for AML violations
The UAE Ministry of Economy imposed AED 2.25 million worth of administrative sanctions on three companies operating in the gold, gemstones and real estate sectors for anti-money laundering violations.
Bribery & corruption
Former Iranian Roads and Urban Development Minister: Iran spent $300-400 billion circumventing sanctions
Former Iranian Roads and Urban Development Minister Abbas Akhundi stated Iran spent between $300-400 billion on circumventing sanctions, leading to formation of 'major corruption' networks. Highlights systemic cost of sanctions evasion infrastructure in Iran.
Sanctions
Judicial settlement agreement of public interest validated for Sodexo company
A judicial settlement agreement of public interest (CJIP) was validated on May 5, 2026 by the Troyes judicial court president, concluded between the prosecutor and Sodexo company. The CJIP for Sodexo was dated March 13, 2026.
Fraud & scams
World Bank Listing of Ineligible Firms and Individuals
World Bank updated its listing of debarred firms and individuals on May 5, 2026. As of March 31, 2026, the World Bank Debarment list includes 1,386 firms and individuals barred by World Bank Group from receiving Bank-financed contracts due to fraud, corruption or collusion.
Sanctions
U.S. Sanctions Iraq-Based Company Affiliated With IRGC
The United States sanctioned Iraqi company South Wealth Resources Company in Baghdad and two executives for helping Iran's Islamic Revolutionary Guard Corps evade sanctions by smuggling hundreds of millions of dollars worth of weapons.
Sanctions
OFSI imposes £1 million penalty on Sabre Global Technologies for Russia sanctions breaches
The UK Office of Financial Sanctions Implementation imposed a monetary penalty of £1,000,920.
Money laundering
Treasury Sanctions Hezbollah Network Exploiting Lebanon's Cash Economy and Dubai/Turkey Hawala Systems
OFAC designated network generating revenue for Hezbollah through hawala exploiting Lebanon's cash-based economy. Proceeds from Iranian oil sales routed through exchange shops (sarrafs) in Dubai and transferred to Hezbollah in Lebanon using hawala.
Sanctions
Treasury Disrupts Russia's Sanctions Evasion Schemes
OFAC sanctioned a Russia-China-Kyrgyzstan payment scheme facilitating cross-border payments for sensitive goods through regional clearing platforms (RCPs).
Money laundering
Investigation Revealed: $1.7 Billion Transferred Through Binance Cryptocurrency Exchange to Iran
$1.7 billion passed through the Binance cryptocurrency exchange to Iran, discovered through an internal investigation initiated after Israeli law enforcement contacted them regarding suspected terror financing via crypto wallets.
Sanctions
EU and UK Sanction Russian FSB Unit Over Decade-Long Cyber Campaign
The European Union and Britain sanctioned a specialized unit of Russia's Federal Security Service (FSB) for a decade-long campaign of cyber-espionage and attempted sabotage targeting critical infrastructure, according to OCCRP.
Sanctions
Notice of Uncontested Sanctions Proceedings - Beximco Computers Limited
On June 23, 2026, a Notice of Uncontested Sanctions Proceedings was issued in Sanctions Case No. 809 involving Beximco Computers Limited, following an earlier Notice of Sanctions Proceedings issued on March 12, 2026 by the World Bank's Chief Suspension and Debarment Officer.
Sanctions
UK Sanctions 11 Individuals and 32 Entities Plus 27 Shadow Fleet Vessels Linked to Russia
At G7 summit, UK designated 11 individuals and 32 entities under Russia (Sanctions) (EU Exit) Regulations 2019, plus specified 27 ships including 20 oil tankers in Russia's shadow fleet.
Sanctions
Treasury Targets Hizballah-Aligned Officials and Intensifies Pressure on Global Financial Network
OFAC designated Hizballah-aligned Lebanese officials and members of a Hizballah-associated business network overseen by Alaa Hassan Hamieh. The Lebanese officials designated have used their influence to obstruct Lebanon's peace process and delay the disarmament of Hizballah.
Money laundering
Treasury Disrupts Sinaloa Cartel Narco-Terrorist Fentanyl Trafficking Operations
Treasury sanctioned criminal operators and money launderers for the notorious Sinaloa Cartel, targeting cash-to-crypto laundering networks tied to fentanyl trafficking.
Sanctions
UK designates 10 individuals and entities under Russia sanctions regime
The UK Office of Financial Sanctions Implementation published a sanctions notice on July 13, 2026, adding 10 new designations under the Russia sanctions regime. On July 7, 2026, OFSI made 2 amendments and 1 revocation (de-listing) under the Russia sanctions regime.
Sanctions
Despite Sanctions, Kazakhstan-Russia Trade Will Exceed $30 Billion - Ambassador Borodavkin
Russian Ambassador Alexey Borodavkin stated that despite international sanctions pressure, Kazakhstan-Russia trade is projected to exceed $30 billion in 2026.
Sanctions
UK issues sanctions notice on Chemical Weapons regime
The UK Office of Financial Sanctions Implementation issued a sanctions notice on 6 July 2026 regarding the Chemical Weapons regime, with obligations for relevant firms under financial sanctions. The notice relates to designations under the UK's chemical weapons sanctions framework.
Money laundering
British Regulator Cuts AML Investigations by Half in 17 Months
The UK Solicitors Regulation Authority (SRA) fined Gabbitas Robins £11,008 for AML file review failures and fined Macmillans Solicitors LLP £1,852 for AML framework failures. India's Reserve Bank (RBI) fined Pahal Financial Services Private Limited ₹3.1 Lakh for KYC shortcomings.
Sanctions
Treasury Sanctions Cryptocurrency Exchange and Network Enabling Sanctions Evasion and Cyber Criminals
OFAC re-designated Garantex Europe OU, a cryptocurrency exchange that processed over $100 million in transactions linked to illicit activities including ransomware and darknet markets since 2019. Also designated Grinex, created by Garantex employees to circumvent sanctions.
Money laundering
SEPBLAC Fines Banco Santander Over €40 Million for Openbank AML Control Failures
Spain's anti-money laundering watchdog SEPBLAC imposed fine exceeding €40 million (US$47 million) on Banco Santander SA following investigation into internal anti-money laundering protocols of digital subsidiary Openbank.
Money laundering
FINMA Enforcement Measure Against MBaer Merchant Bank Becomes Legally Binding
Swiss regulator FINMA's license revocation of MBaer Merchant Bank became legally binding in late February 2026 after bank withdrew appeal.
Fraud & scams
Japan arrests alleged associate of Cambodia's sanctioned Prince Group
Japanese police arrested Hu Xiaowei (also known as 'Hu Shi' under a Cypriot identity) in Osaka on charges of filing a fraudulent change-of-address notification and violating laws against using false electronic official records while attempting to acquire permanent residency under a 'high-skilled professional' visa.
Money laundering
Jersey Authorities Investigate Russian Billionaire Abramovich Over Suspected Money Laundering
Jersey authorities are investigating Russian billionaire Roman Abramovich in connection with suspected money laundering, according to court records showing hundreds of millions of dollars moving through Swiss bank accounts.
Fraud & scams
US slaps new round of sanctions on Cambodia's Prince Group
The U.S. Treasury Department announced a new package of sanctions targeting nine individuals and 26 companies associated with Cambodia's Prince Group, accused of engaging in cyber-scams and forced labor.
Sanctions
Lithuania Cracks Down on Sanctions Evasion After OCCRP Exposes Scheme to Import Belarusian Fertilizers from Grodno Azot
Lithuania seized Belarusian fertilizers worth millions of euros and tightened border controls after OCCRP member centers (Siena and Belarusian Investigative Center) exposed a scheme allowing sanctioned companies to export products to the EU.
Sanctions
Turkish citizen sentenced to prison for violating Iran embargo
Turkish citizen sentenced to prison for violating Iran embargo. Case involves sanctions evasion related to Iran through Turkey corridor.
Sanctions
Royal Navy leads interdiction of shadow fleet tanker in the English Channel
Royal Marine Commandos from 42 Commando boarded the sanctioned shadow fleet oil tanker Smyrtos on 14 June 2026 in a six-hour mission in the English Channel, 25 miles south of the Isle of Wight.
Fraud & scams
Finnish court sentences businessman to over three years in prison for sanctions violations
Risto Riihimäki, chief executive of Lappeenranta-based transport company Idän Liikenteenvälitys IL Oy, was convicted of exporting 164 trucks and trailers to Russia in violation of EU sanctions following Moscow's invasion of Ukraine.
Money laundering
Fine for ABN AMRO Bank N.V. for inadequate customer due diligence for high-risk customers
De Nederlandsche Bank imposed an administrative fine of €8.5 million on ABN AMRO Bank N.V. on 6 July 2026 due to serious shortcomings in its anti-money laundering controls between September 2023 and September 2024.
Sanctions
The AMF Enforcement Committee fines an investment services provider and its director a total of €850,000
The AMF Enforcement Committee on 23 June 2026 imposed fines of €800,000 on Bourse Direct and €50,000 on its director, Ms Catherine Nini, for breaches during the period 1 January 2021 to 30 November 2023.
Sanctions
Treasury Begins Sanctions Modernization Effort by Removing Outdated Entries
OFAC removed sanctions on 76 outdated targets from its Specially Designated Nationals and Blocked Persons (SDN) List as part of Treasury's ongoing sanctions modernization initiative.
Money laundering
Treasury Further Dismantles Overseas Scam Operations Targeting Americans
OFAC sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership (Hu Xiaowei, described as 'second-in-command'), investors in scam compounds, and front companies across British Virgin Islands, Hong Kong, Singapore, UK, Thailand, and Cambodia.
Sanctions
Treasury Targets ISIS Facilitators and Disrupts Terrorist Financial Networks
The U.S. Treasury Department designated three individuals and six entities across Europe, the Middle East, and West Africa for facilitating financial transactions on behalf of ISIS.
Sanctions
ECB fines Crédit Agricole €7.55M for failing climate risk assessment
European Central Bank imposed €7,551,050 penalty on Crédit Agricole S.A. for failing to conduct required materiality assessment of climate-related and environmental risks by May 31, 2024 deadline. Bank failed requirement for 75 days. Decision relates to ECB order from February 8, 2024.
Sanctions
Terrorist Financing Targeting Center Jointly Designates Hezbollah Financial Institutions and Senior Officials
The member states of the Terrorist Financing Targeting Center (TFTC) — co-chaired by the United States and Saudi Arabia, with representatives from Bahrain, Kuwait, Oman, Qatar, and the UAE — announced joint designations targeting five entities and 16 individuals linked to Hezbollah's financial infrastructure.
Money laundering
Treasury Sanctions Cartel-Linked Casinos and Key Associates on U.S.-Mexico Border
OFAC designated six targets connected to Cartel del Noreste (CDN), a designated Foreign Terrorist Organization. Action targeted Casino Centenario in Nuevo Laredo (two miles from U.S. border) and Diamante Casino in Tampico, which CDN allegedly used for money laundering and as drug stash houses.
Money laundering
European Commission and High Representative propose new sanctions regime to counter migrant smuggling, human trafficking, and organised crime
The European Commission and High Representative Kaja Kallas proposed a new EU sanctions regime targeting migrant smuggling, human trafficking, firearms trafficking, drug trafficking, and money laundering.
Money laundering
MONEYVAL finds Romania made limited progress in enhancing anti-money laundering framework
MONEYVAL reported that Romania has taken steps to enhance its anti-money laundering and terrorist financing measures but still needs to tackle some shortcomings.
Sanctions
European Commission presents 21st sanctions package against Russia
EU unveiled 21st sanctions package on June 9, 2026, targeting energy, financial services, cryptocurrencies, trade, and fisheries. Asset freezes on close to 90 banks and transaction bans on over 30 banks in Russia and third countries.
Sanctions
Democratic Republic of the Congo-related Designations
OFAC designated 4 entities and 2 individuals involved in illicit conflict minerals trading networks in eastern DRC. Entities: Bugambira Mines Ltd (aka Multiserve Consults Ltd), Gasabo Gold Refinery Ltd, Rwinkwavu Mining Corporation Ltd, Wolfram Mining and Processing Ltd—all based in Kigali, Rwanda.
Money laundering
CBUAE Imposes a Financial Penalty of AED 20,000,000 on a Branch of a Foreign Bank
The Central Bank of the UAE fined an unnamed foreign bank branch AED 20 million ($5.4 million) for significant, repeated failures in its Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations and Sanctions framework.
Sanctions
Treasury Sanctions Networks Fueling Sudan's Civil War and Worsening Humanitarian Crisis
OFAC designated eight individuals and entities supporting both sides of Sudan's civil war, including Target Multiactivities Company Ltd. and Ports Engineering Company Ltd. for procuring explosives and military equipment for the Sudanese Armed Forces.
Bribery & corruption
Netherlands Settles DRC Corruption Probe into Sanctioned Israeli Tycoon's Shell Company for €25.8M
Fleurette Properties, a Netherlands-based shell company beneficially owned by U.S.-sanctioned Israeli billionaire Dan Gertler, accepted a penal order and paid a €25.8 million ($30 million) fine, settling an eight-year Dutch investigation.
Money laundering
AMF publishes synthesis of its inspections on combating money laundering and terrorist financing
The AMF published a synthesis of 46 inspections on combating money laundering and terrorist financing conducted between 1 January 2022 and 31 December 2025 that resulted in follow-up action.
Fraud & scams
United States Sanctions Iranian Financial and Shipping Networks
OFAC sanctioned a network of individuals, entities, and vessels across multiple jurisdictions for allegedly shipping Iranian-origin liquid petroleum gas (LPG) 'intentionally disguised as Omani LPG' to end users in South and East Asia.
Sanctions
EU Plans Massive 21st Sanctions Package to Target Russian Banks and Crypto
European Union announced sweeping 21st sanctions package targeting Russia's financial infrastructure and wartime supply chains.
Money laundering
Treasury Sanctions Criminal Operators and Money Launderers for the Notorious Sinaloa Cartel
OFAC designated 11 individuals and two entities connected to Mexico's Sinaloa Cartel for their roles in laundering drug proceeds, adding six Ethereum addresses to the SDN list.
Money laundering
Armenia: Council of Europe's MONEYVAL highlights robust targeted financial sanctions regime, calls for improvements in money-laundering prosecutions and asset recovery
MONEYVAL published a report assessing the effectiveness of Armenia's measures against money laundering, terrorist financing and proliferation financing.
Sanctions
Market manipulation scheme drove NMA share up 477%, prosecutors report to tribunal
The Paris Tribunal Correctionnel sanctioned a market manipulation case reported to the Financial Prosecutor by the AMF, with the court also approving four plea bargains.
Fraud & scams
Britain Blacklists the Masterminds and Crypto Machine Behind a Multibillion-Dollar Scam Empire
UK sanctioned entities linked to Cambodia's Prince Group for operating vast online fraud network. #8 Park (operated by Legend Innovation Co.) allegedly holds up to 20,000 trafficked workers forced into cryptocurrency fraud schemes. Xinbi, a Chinese-language Telegram marketplace, processed over $19.
Money laundering
Treasury Sanctions Iranian Network Laundering Billions for Regime Through Shadow Banking Scheme
OFAC designated over 30 individuals and entities tied to Iranian brothers Mansour, Nasser, and Fazlolah Zarringhalam who collectively laundered billions of dollars through Iran's shadow banking system via exchange houses and front companies in Hong Kong and UAE.
Sanctions
Counter Terrorism Designations
OFAC designated 3 individuals and 7 entities for facilitating financial transactions on behalf of ISIS.
Sanctions
Germany Arrests Five Over Sanctions-Busting Exports to Russia
Germany's federal prosecutor arrested five men for allegedly exporting goods worth at least €30 million to Russia in breach of EU sanctions, with customers including at least 24 Russian arms manufacturers.
Sanctions
OFAC revokes Iran General License X and issues wind-down authorization following renewed Strait of Hormuz attacks
OFAC revoked Iran General License X (GL X) and replaced it with General License X1 (GL X1), according to Treasury. GL X1 is a narrow wind-down authorization that expires on July 17, 2026.
Sanctions
EU Lawmakers Back Alumina Sanctions Push
The European Parliament backed a non-binding call to ban alumina exports to Russia, following an OCCRP investigation revealing that an Irish refinery's supply chain links to Russian arms manufacturers.
Sanctions
EU Citizen's Company Sent Sanctioned Equipment to Russian Defense Firms
A Turkey-based company co-owned by Dutch national Alexander Tattersall shipped over $5 million worth of European metalworking machinery to Russian defense firms Aluminum Metallurg Rus and Stupino Metallurgical Company in 2023-2024, despite EU sanctions.
Sanctions
ESMA sanctions REGIS-TR for serious breaches of organisational obligations
ESMA fined trade repository REGIS-TR S.A. a total of €1,374,000 for seven infringements of obligations under the European Market Infrastructure Regulation (EMIR) and the Securities Financing Transactions Regulation (SFTR).
Money laundering
MoneyGram fined €1.3m for anti-money laundering and terrorism financing violations
The ACPR's Sanctions Commission issued a decision on March 19, 2026, against MoneyGram International SA for violations related to combating money laundering and terrorism financing.
Sanctions
Sanctions to strangle Iran's energy smuggling and illicit financial networks
US announced sanctions targeting Iranian networks allegedly smuggling hundreds of millions of dollars of liquified petroleum gas to South and East Asia using UAE and China front companies and shadow fleet vessels.
Sanctions
AMF sanctions Uzès Gestion and two executives for professional misconduct
The AMF Sanctions Commission sanctioned, in its decision of July 20, 2026, portfolio management company Uzès Gestion and its executives Jean-Marie Godet and Christian Maugey with financial penalties of €350,000, €30,000 and €40,000 respectively, each accompanied by a warning, for breaches of professional obligations.
Sanctions
UK forces seize Russian shadow fleet tanker Smyrtos and charge captain with sanctions violations
Royal Marine commandos and National Crime Agency officers conducted the UK's first-ever seizure of a sanctioned vessel on 14 June 2026 in a six-hour operation, boarding the oil tanker Smyrtos in international waters in the English Channel.
Money laundering
FinCEN Pitches CIPs for Stablecoin Issuers
FinCEN and federal regulators proposed a Stablecoin Customer ID Rule under the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act).
Fraud & scams
Treasury sanctions Iranian financier Ali Ansari and key exchange houses managing Supreme Leader's global asset network
The U.S. Department of the Treasury's Office of Foreign Assets Control took action against Dubai-based Iranian businessman Ali Ansari, who allegedly oversees a sprawling global network of assets benefitting Iran's leader Mojtaba Khamenei and other regime elites, according to Treasury.
Money laundering
FATF Adds Iraq, Bosnia and Herzegovina to Global 'Gray List'
FATF added Iraq and Bosnia and Herzegovina to its global 'Gray List' on June 19, 2026, at the end of its latest triannual summit in Strasbourg, France. During the summit, Mali, Tanzania and Croatia exited the gray list after making significant progress against identified AML/CFT shortcomings.
Sanctions
Iran-related Designations; Iran-related and Counter Terrorism Designation Update; Issuance of Iran-related General License
OFAC updated its Specially Designated Nationals list with 10 individuals and 25 entities linked primarily to Mohammad Hossein Shamkhani's shipping operations, as well as 20 vessels flagged under various nations.
Sanctions
Launch of OFAC Reconsideration Portal
OFAC launched a new online Reconsideration Portal to streamline the submission of requests for removal from OFAC sanctions lists. The portal guides submitters to provide necessary information upfront rather than through extended questionnaire exchanges.
Fraud & scams
UK Widens Sanctions on Suspected Prince Group Scam Operators
The UK announced sanctions targeting individuals and entities linked to Cambodia's Prince Group, widely alleged to have operated a network of scam centers built on forced labor and human trafficking.
Sanctions
OFAC Designates Ecuadorian Terrorist Group Chone Killers
OFAC designated the Chone Killers, an Ecuadorian transnational terrorist group, under counter-terrorism authorities. The group was added to the Specially Designated Nationals list.
Sanctions
U.S. Freezes $130M in Crypto Says Iran Used it to Evade Sanctions
The U.S. Treasury Department announced on July 15, 2026, the freezing of over $130 million in digital assets tied to the Central Bank of Iran.
Sanctions
Economic sanctions target Iran's shadow banking network facilitators
OFAC designated 35 entities and individuals facilitating Iran's shadow banking network processing tens of billions of dollars in sanctions evasion and terrorism financing.
Sanctions
OFAC Issues General License X Authorizing Iran Oil Transactions Through August 2026
The U.S. Office of Foreign Assets Control issued Iran General License X, permitting production, delivery, and sale of Iranian crude oil, petrochemical products, and petroleum products through August 21, 2026, implementing sanctions relief following the Islamabad Memorandum signed June 17, 2026.
Sanctions
Treasury Sanctions Rwandan Gold Refinery and Network Enabling Illicit Conflict Minerals Trade
OFAC sanctioned Gasabo Gold Refinery LTD and three other mining entities, plus two individuals (Jean Malic Kalima and Bosco Kayobotsi), for facilitating the M23 rebel group's illicit gold smuggling from eastern DRC.
Sanctions
EU imposes cyber sanctions on nine Russian individuals and four entities for malicious cyber activities targeting member states
The European Union Council imposed restrictive measures on 13 July 2026 against nine Russian individuals and four entities responsible for cyberattacks posing external threats to EU member states, according to the Council press release.
Sanctions
Hong Kong-related Designations Updates and Removals
Following the expiration of Executive Order 13936's national emergency declaration on July 14, 2026, OFAC restructured its Hong Kong sanctions framework. OFAC removed nine persons designated solely under E.O.
Bribery & corruption
French anti-corruption agency issues first direct financial sanctions
On 9 July 2026, the sanctions commission of the French Anti-Corruption Agency issued decision no. 25-01, sanctioning for the first time directly a company and its director without proceeding through the injunction phase. 'Société V.' was fined 350,000 euros and its president M. S.
Sanctions
Treasury Sanctions Malware and Infrastructure Providers Supporting Ransomware Attacks Against Americans
OFAC designated two individuals and one entity for enabling ransomware attacks: First VPN Service (1VPNS), its administrator Dmytro Rashevskyi (a Ukrainian national using aliases including Roman Chabanenko and Maksim Sorin), and Yegeniy Vladimirovich Silayev, who allegedly sells "cryptors"—tools used to disguise ransomware as safe programs.
Sanctions
Treasury announces second sanctions modernization action, removing 84 individuals and entities from SDN List
OFAC removed 84 individuals and entities from the Specially Designated Nationals List as part of a sanctions modernization initiative, according to the Treasury Department.
Sanctions
FINTRAC sanctions government casino operator
FINTRAC imposed a $212,025 administrative penalty on Atlantic Lottery on May 29, 2026, after finding compliance violations including failure to submit a suspicious transaction report, failure to keep written compliance policies up to date, and failure to assess and document financial crime risks, according to FINTRAC.
Sanctions
HMRC names Petrofac in first public compound settlement for Russia sanctions breach
On 29 June 2026, HM Revenue & Customs announced that Petrofac Facilities Management Limited paid a compound settlement of £569,157.07 for offences under the Russia (Sanctions) (EU Exit) Regulations 2019.
Money laundering
Treasury sanctions DPRK IT workers and money laundering network
US Treasury OFAC sanctioned six individuals and two companies on March 12, 2026 for allegedly helping North Korea convert approximately $800 million into cryptocurrency in 2024 to launder funds for weapons programs. A key facilitator converted approximately $2.
Money laundering
Treasury further sanctions network of Iranian financier Babak Zanjani, OFAC says
The US Treasury's Office of Foreign Assets Control announced it designated four individuals and nine entities that it describes as key components of Iranian financier Babak Zanjani's sanctions-evasion network, expanding earlier designations beyond crypto exchanges into gold, payments, transportation and infrastructure ventures.
Money laundering
Treasury Takes Largest Action Ever Targeting Cartel de Jalisco Nueva Generacion
OFAC designated over 50 Mexican individuals and entities connected to the Cartel de Jalisco Nueva Generacion (CJNG), marking its largest action ever against this organization. The action targeted CJNG's leadership structure, including new leader Juan Carlos Gonzalez (a.k.a.
Sanctions
OFAC designates Iran-linked exchange and trading network spanning Dubai, Istanbul and Dushanbe
OFAC issued Iran-related designations under Executive Order 13902, adding four individuals — Solmaz Bani (Dubai, linked by OFAC to Babak Morteza Zanjani), Bahareh Morteza Zanjani (Dubai), Sukhrob Oimakhmadov (Dushanbe, Tajikistan) and Mehdi Rezazadeh (Tehran) — to the Specially Designated Nationals list.
Sanctions
AMF sanctions financial adviser Financière Fonds Privés and two managers
According to the AMF (statement published 23 July 2026), the Sanctions Commission imposed by decision of 21 July 2026 financial penalties totalling €210,000 against Financière Fonds Privés, a financial investment adviser, and its managers Pierre-Michel Deléglise and Thierry de Chambure (€100,000, €70,000 and €40,000 respectively).
Money laundering
Sanctions Launderer Zarrab Avoids Prison After Aiding U.S. Prosecutors
A federal judge in New York sentenced Reza Zarrab to time served after he pleaded guilty in 2017 to helping Iran evade U.S. sanctions through money laundering.
Sanctions
Treasury sanctions Muslim Brotherhood and Hamas financial networks, OFAC says
The US Treasury's Office of Foreign Assets Control announced it designated a senior UK-based Egyptian Muslim Brotherhood official, Mahmoud al-Abyari, together with three other individuals and three entities that it alleges provided material support to Hamas.