United States

PEPs & Sanctions

Report Calls on US to Designate Hong Kong a ‘Money Laundering Concern’

By Manesh Samtani | 12/05/2026

Report alleges Hong Kong is a key hub for Iranian sanctions evasion and calls for action against the city’s banking and crypto sectors.

FinCEN Alert Flags Use of HK, SG Firms in Iran Sanctions Evasion

By Manesh Samtani | 12/05/2026

New FinCEN alert details how Iran’s IRGC uses front companies, illicit oil sales, and digital assets to launder funds, highlighting specific red flags for FIs.

PEPs & Sanctions

US Sanctions More Hong Kong Firms Over Iran-China Oil Trade

By Manesh Samtani | 12/05/2026

OFAC has designated four Hong Kong-based companies and several others in the UAE and Oman for helping to finance Iran’s IRGC through oil sales to China.

PEPs & Sanctions

US Treasury Pressures Binance on Iran Sanctions Compliance

By Editors | 11/05/2026

Treasury sent a letter to Binance demanding compliance with its monitoring programme, and requesting interviews with employees and access to records.

PEPs & Sanctions

US Sanctions China, HK Firms in Iran Procurement Network

By Manesh Samtani | 10/05/2026

The latest sanctions target entities across Asia and the Middle East, putting foreign financial institutions on notice of potential secondary sanctions.

DeFi & Web3

DeFi Sector Faces Investor Exodus After High-Profile Hacks

By Manesh Samtani | 07/05/2026

Nearly USD 14 billion has been withdrawn from the DeFi space following major hacks that have raised security concerns.

Fraud, Scams & Cybercrime

US Charges Asia-Based Suspects in Global Crypto Scam Takedown

By Editors | 06/05/2026

International crackdown involving authorities in the UAE, China and Thailand has dismantled at least nine scam centres, leading to charges against alleged managers from Myanmar and Indonesia.

PEPs & Sanctions

China Activates Blocking Statute to Counter US Sanctions

By Manesh Samtani | 06/05/2026

China's first use of its anti-sanctions law creates a direct legal conflict for global financial institutions caught between US and Chinese rules.

PEPs & Sanctions

US Expands International Reach of Cuba Sanctions Programme

By Manesh Samtani | 04/05/2026

New executive order authorises secondary sanctions against foreign financial institutions and companies doing business with designated Cuban entities.