Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Crypto, Financial Crime, Tech, UAE

NEWS: Two Binance employees detained in UAE in recent weeks – report

Premium August 21, 2026
Luxury call sales in Singapore have plummeted following a money laundering scandal Premium

NEWS: Singapore orders social media giants to verify ads over scam risk

INSIGHT: Is the UK’s FCA becoming a financial crime regulator in all but name?

 Premium

NEWS: German prosecutors file charges in tax fraud case against four ex-Commerzbank staff

By Carlos Méndez

TWO Binance employees were detained in the United Arab Emirates in recent weeks amid police inquiries into possible financial crimes on the cryptocurrency platform, the New York Times reported on Thursday, citing four people familiar with the matter.

The two employees were stopped at airports in the Emirates, the report said, citing two of the people with knowledge of the situation. It wasn’t immediately clear what authorities in the UAE were investigating, NYT said.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Luxury call sales in Singapore have plummeted following a money laundering scandal Premium

NEWS: Singapore orders social media giants to verify ads over scam risk

INSIGHT: Is the UK’s FCA becoming a financial crime regulator in all but name?

 Premium

NEWS: German prosecutors file charges in tax fraud case against four ex-Commerzbank staff

Regulatory Watch News

  • Treasury Increases Sanctions on Hizballah and Targets Network Smuggling Millions in Cash for Hizballah

    OFAC

    WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating 10 individuals that are part of a network responsible for transferring cash to Hizballah.  The network utilizes couriers travelling on commercial airline flights between Lebanon, Turkiye, the UAE, and Iran to move up to hundreds of millions of dollars between jurisdictions, providing an avenue outside the formal financial system for Hizballah to obtain foreign currency and evade sanctions.  OFAC is also re-designating Hizballah for service to the Iranian regime under the command of Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

  • United Kingdom: Group of States against Corruption evaluates anti-corruption measures in local government

    GRECO

    The United Kingdom has a very developed framework for preventing corruption and promoting integrity in local government, according to the Council of Europe’s Group of States against Corruption (GRECO). At the same time, there are several areas in which further progress is needed. GRECO has today published an evaluation report assessing measures adopted by the UK authorities to prevent corruption and promote integrity at the subnational level of government. The report focuses on the Greater London Authority and Kent County Council, which volunteered to take part in the evaluation.

  • Couriers convicted over £13.8 million cannabis importation attempt

    National Crime Agency

    A gang of drugs couriers who were part of a plot to smuggle cannabis worth £13.8 million into the UK via Birmingham Airport have been convicted. The National Crime Agency investigated the group of 11, who were arrested by Border Force officers in August 2024 when the class B drugs were found packed into 22 suitcases. They had arrived into the UK on the same flights from Thailand via Paris Charles de Gaulle Airport.

Sign Up To Our Newsletter

Contact Us