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

EU, UK

NEWS: Ex-EU trade commissioner Peter Mandelson faces fraud inquiry over Epstein links

Premium February 27, 2026

Former British ambassador to the U.S. Peter Mandelson leaves his residence after he was released following his arrest by London police on Monday on suspicion of misconduct in public office,. Picture: Reuters

BREAKING: Swiss bank MBaer goes into liquidation, one day after US proposes sanctions

LATEST: Luxembourg police raid Swiss private bank EFG in money laundering probe

 Premium

LATEST: OCC proposes rules governing US stablecoins

By PAUL O’DONOGHUE, Senior Correspondent

THE European Commission has asked the European Anti-Fraud Office (OLAF) to examine the activities of Peter Mandelson during his time as EU trade commissioner in Brussels.

The request follows U.S. Department of Justice documents alleging he shared sensitive government information with the late convicted sex offender Jeffrey Epstein.

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

BREAKING: Swiss bank MBaer goes into liquidation, one day after US proposes sanctions

LATEST: Luxembourg police raid Swiss private bank EFG in money laundering probe

 Premium

LATEST: OCC proposes rules governing US stablecoins

Regulatory Watch News

  • Decline in counterfeit euro banknotes in the Netherlands continues

    DNB

    The number of counterfeit euro banknotes in the Netherlands is declining. A total of 17,900 counterfeit euro banknotes were withdrawn from circulation in the Netherlands in 2025, a 26% drop compared with 24,100 counterfeit notes in 2024. The €50 note was counterfeited most often.

  • First convictions in investigation Moby Dick: 20 defendants sentenced to over 70 years in prison and assets worth approximately €40 million confiscated

    European Public Prosecutor's Office

    (Luxembourg, 27 February 2026) – Twenty individuals have been convicted to more than 70 years of imprisonment for organising and participating in a criminal association and money laundering, following an investigation by the European Public Prosecutor’s Office (EPPO) in Milan and Palermo (Italy). These are the first verdicts in investigation “Moby Dick”, involving a criminal syndicate suspected of a VAT fraud scheme of more than half a billion euros.

  • Treasury Sanctions Nicaraguan Officials Enabling the Murillo-Ortega Dictatorship’s Repression

    OFAC

    WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned five Nicaraguan government officials who lead the principal financial, communications, and military agencies that enable Nicaragua’s Murillo-Ortega dictatorship to repress its people. The individuals sanctioned include the Director and Deputy Director of Nicaragua’s Financial Analysis Unit, the Minister of Labor, the Deputy Director General of the Nicaraguan Institute of Telecommunications and Postal Services, and the head of the Nicaraguan Army’s Directorate of Military Intelligence and Counterintelligence.

Sign Up To Our Newsletter

Contact Us