NEWS: TD Bank will use software to monitor anti-financial crime employees

Regulatory Watch News

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  Bank of England launches policy statement and draft rules on regulating systemic stablecoins

  Bank of England

  June 22, 2026

  The Bank of England has today published its policy statement and draft Code of Practice (rules) for systemic stablecoin issuers, marking a key milestone in establishing the UK’s stablecoin regime. The framework supports safe innovation, enabling UK issued stablecoins to develop as trusted forms of digital money. Alongside other innovations in money and payments, stablecoins could enable faster, cheaper and more flexible services for users, including cross‑border use cases, while supporting new programmable functionality. Today’s policy statement and draft rules reflect feedback from last year’s consultation. It provides coin issuers with clarity to innovate and scale within a framework that maintains resilience, confidence and trust in money.

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  Bulgaria: EPPO indicts EU project consultant for fraud involving funds for dental care

  European Public Prosecutor's Office

  June 22, 2026

  (Luxembourg, 22 June 2026) – The European Public Prosecutor’s Office (EPPO) in Sofia (Bulgaria) filed an indictment today at the Sofia City Court against an EU project consultant suspected of fraud involving a project for dental care. The consultant was contacted by a doctor who sought to establish a dental practice in a small town in Bulgaria's Burgas region, with the aim of improving access to healthcare services for the local population. The doctor engaged the consultant to prepare an application to obtain EU financial support for the project, including the purchase of medical equipment. The doctor also provided the consultant with contact details of a medical equipment supplier, who subsequently submitted a competitive offer.

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  Australia’s biggest ever cocaine bust as police seize another 2.7 tonnes under Operation Minjiang

  Australia Federal Police

  June 22, 2026

  The AFP has seized 2.7 tonnes of cocaine – the largest ever cocaine seizure in Australia – as part of an investigation into an organised crime plot to import and distribute significant quantities of border-controlled drugs along Australia’s east coast. The seizure formed part of Operation Minjiang, a Queensland Joint Organised Crime Taskforce (QJOCTF) investigation. It follows the previous seizure of 178kg of cocaine and 142kg of methamphetamine, representing a total seizure of more than 3 tonnes of border controlled drugs.