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🎯 Iran Used Santander, Lloyds Accounts to Evade Sanctions. The lenders provided accounts to front companies secretly owned by a sanctioned Iranian petrochemicals company. Bloomberg
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🌎 Russian oil getting into UK via refinery loophole. The UK is among many Western countries to ban the import of all oil and oil products that originate in Russia in a bid to hit the amount of cash Moscow can generate from fossil fuels. BBC
🌎 $167M of North Korean false eyelashes, wigs exported to West via China. The processing and packaging of North Korean false eyelashes gives Kim Jong Un's regime a way to skirt international sanctions. Reuters
🌎 Feds seize 1.4 metric tons of liquid heroin in Oregon, arrest 4 linked to Mexico-based drug trafficking ring. Four suspected drug traffickers with links to international crime ring in Mexico were arrested with multiple barrels of liquid heroin inside a moving truck. Fox
🌎 India’s Paytm Says Company, CEO Not Under Money Laundering Probe. India’s central bank found several lapses at Paytm Payments Bank Ltd. including multiple transactions beyond regulatory limits, raising money-laundering concerns. Bloomberg
🌎 Biotech is the new focus in U.S.-China tech rivalry. The need to quash outbreaks, quickly create medicines, stress-proof crops and fend off other 21st century threats is providing a lucrative arena for biotech companies. Axios
🌎 Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’. The elaborate scam saw the worker duped into attending a video call with what he thought were several other members of staff, but all of whom were in fact deepfake recreations. CNN
🚩 Corporate Transparency Act: When People Named In Trusts Won’t File Forbes
🚩 FinCEN Requests Comments on Renewal of the OMB Control Numbers for Bank Secrecy Act Requirements FinCEN
🌎 Iraq bans 8 local banks from US dollar transactions. The banks are banned from accessing the Iraqi central bank's daily dollar auction, a main source of hard currency in the import-dependent country. Reuters
🌎 The wild probe into investors of DWAC, Trump Media’s proposed merger ally. One investor, the Miami Beach businessman Anton Postolnikov, had amassed a huge stake in Digital World. WaPo
🌎 NYC launches $53M program to hand out pre-paid credit cards to migrant families. The $53M pilot program, run by the New Jersey company Mobility Capital Finance, will provide asylum seekers with city cash to help them buy food. NYP
🌎 Binance touts 35% hike in compliance budget as firm girds for monitor, sentencing of ex-CEO Zhao. The world’s biggest cryptocurrency exchange says it’s increased year-over-year spending on compliance from $158 million to $213 million. Fortune
📌 Steve Christie Announced as Binance Deputy Chief Compliance Officer CoinDesk
🌎 Canada to sanction West Bank settlers and Hamas leaders. Canadian Prime Minister Justin Trudeau on Friday said he was considering imposing sanctions on "extremist" settlers in the West Bank. Reuters
🌎 Bank Leumi freezes account of Israeli sanctioned by US. According to the State Department, Levi led a group of settlers who created an atmosphere of fear in the West Bank. JPost
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