CTF

U.S. President Donald Trump on Tuesday vowed to designate Venezuela’s government a “Foreign Terrorist Organization” (FTO) and ordered a “total and complete” blockade of sanctioned oil tankers moving into and out of the country.

The Reserve Bank of New Zealand (RBNZ) has filed civil proceedings in the High Court against ASB Bank, alleging breaches of core requirements under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act dating from at least December 2019. 

Families of Americans killed, injured or taken hostage in Hamas’s October, 7 2023 attack on Israel have accused Binance founder Changpeng “CZ” Zhao and his cryptocurrency exchange of helping militant groups move millions of dollars, according to the Financial Times.

Brazil’s central bank unveiled long-awaited rules for virtual assets on Monday, extending anti–money laundering (AML) and counterterrorism financing (CTF) obligations to crypto firms and classifying fiat-pegged crypto transactions as foreign-exchange operations, Reuters reported. 

Blacklisted charities affiliated with Hezbollah have been directing supporters to send money through Lebanon’s booming digital payments sector, routing contributions to wallets held by private individuals rather than official charity accounts, the Financial Times reported.

Al Qaeda’s West Africa affiliate is edging toward a historic first: control of a national capital. JNIM have tightened a monthslong blockade of Bamako, choking off fuel and food in a strategy European security officials describe as a creeping takeover rather than an all-out assault.

Colombia’s Prosecutor General’s Office accused the National Liberation Army (ELN) of running a two-decade money-laundering network that washed more than $225 million (COP 885 billion) in illicit proceeds through a web of shell and front companies across the country, according to a statement cited by Colombia Reports.

Switzerland’s Money Laundering Reporting Office (MROS) says it is hitting capacity limits as banks and other firms flood the agency with record numbers of suspicious activity reports, according to SWI swissinfo.ch.

Sub-Saharan Africa’s two largest economies, South Africa and Nigeria, were delisted Friday from a global watchdog’s roster of jurisdictions under increased monitoring for illicit money flows, alongside Mozambique and Burkina Faso.

Worldline SA said an independent review found “uneven” implementation of anti-financial-crime controls across the company, even as the French payments processor reported a drop in third-quarter revenue and outlined plans to streamline its business.