Financial crime
Lebanon imposes travel ban on governor
Germany follows France in issuing arrest warrants for Riad Salameh
Iosco sets out global crypto regulation
International group of regulators targets conflicts of interest in the industry
European Council adopts Mica regulation
Crypto legal framework covers issuers and service providers but not defi
French prosecutors issue arrest warrant for Lebanese governor
Salameh condemns move and calls for Lebanon to end co-operation with European investigations
Lebanese governor fails to attend French court hearing
Salameh’s lawyer calls summons “null and void” as politicians hold talks over possible successor
UK regulator and police raid crypto ATM sites
There are no legally registered crypto ATMs in the UK
French magistrates will charge Lebanese governor, report says
Investigators questioned Salameh’s brother over embezzlement and money laundering claims
US Treasury releases defi risk assessment
Lax adherence to AML/CFT requirements allows criminals to launder money
Central bankers cast doubt on utility of CBDC
“Element of Fomo” drives projects on even when purpose is unclear and resources lacking
CBSL requests criminal proceedings against crypto schemes
Legal action could allow investors to recoup losses
Papua New Guinea phasing out cheques
Central bank will stop processing cheques from larger businesses from end-2023
EU politicians back plan for new AML authority
Proposals include tougher transparency requirements and crypto transaction limits
Moldova cuts rates while North Macedonia tightens
Inflation falling in both countries as Moldova confronts drought and energy problems
Lebanese judge questions governor
Salameh interviewed in presence of European officials after initially refusing to be questioned
Crypto firms are dodging scrutiny, US comptroller warns
Hsu compares crypto exchange FTX to BCCI, subject of infamous ’90s banking scandal
US lender tied to FTX goes into liquidation
Federal government investigating California bank linked to failed crypto exchange
Lebanese judge to interview central bank governor
Second judge summons Salameh over allegations as observers say governor could extend term
OK regulator? How AI became respectable for AML controls
Dutch court case pressures supervisors to accept new tech; explainability the key challenge
Swiss authorities freeze Lebanese governor’s assets – report
Lebanese prosecutor orders judge to pause investigation of crisis-hit banks
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
Lebanese governor is charged with financial crimes
Prosecutor asks higher court to examine case against Riad Salameh
Slovak prosecutor charges central bank governor with bribery
Kažimir has denied allegations that he sought bribes while serving as finance minister
Lebanese governor says he will step down this year
European magistrates intend to return to investigate allegations against Salameh, reports say
UAE grants licence to Russian bank
US voices concerns over sanctions evasion and threatens action against facilitators