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INSIGHT: Why FTI Consulting will pay $1.05m after an ‘apparent’ Russia sanctions breach

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OFAC, the US Office of Foreign Assets Control

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INSIGHT: Wise money laundering case — here are the key points to know 

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NEWS: Brazil targets betting and tobacco in organized crime crackdown

NEWS: ‘FinCrime Frontier 2026-27’, world’s most comprehensive FCC survey, opens for responses

By PAUL O’DONOGHUE, Senior Correspondent

FTI Consulting, one of the world’s largest consultancy firms, has agreed to pay $1.05 million after an ‘apparanet’ Russia sanctions breach.

The firm agreed to settle its potential civil liability for its “apparent violations” of OFAC (Office of Foreign Assets Control) sanctions, the U.S. agency said.

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INSIGHT: Wise money laundering case — here are the key points to know 

 Premium

NEWS: Brazil targets betting and tobacco in organized crime crackdown

NEWS: ‘FinCrime Frontier 2026-27’, world’s most comprehensive FCC survey, opens for responses

Regulatory Watch News

  • Statement regarding legislative changes on the provision of support and subsidies in agriculture and rural development in Slovakia

    European Public Prosecutor's Office

      Based on a thorough analysis of the new legislation, the European Chief Prosecutor concluded that it contains several elements which substantially reduce the effective protection of the EU financial interests, as well as the national financial interest. Concretely, the legislative changes decreased the ability to impose effective administrative measures during a criminal proceeding, between an indictment and a final conviction. As a result, the ability of the responsible authorities to suspend payments to beneficiaries accused of a criminal offence has been severely curtailed.

  • County Housing Official Sentenced for His Role in Multimillion-Dollar Scheme to Receive Bribes From Hawaii Businessman and Attorneys

    US Department of Justice

    A former Hawaii County official, Alan Scott Rudo, 59, now of Cathedral City, California, was sentenced yesterday to 46 months in prison for his role in a conspiracy to receive bribes in exchange for his official actions as a Housing Specialist at the Hawaii County Office of Housing and Community Development (OHCD). The scheme involved affordable housing development agreements worth more than $11 million.

  • Operation against criminal network smuggling migrants between Algeria and Spain: nine arrests

    Europol

    A collaborative operation between the Spanish Guardia Civil and National Police (Policía Nacional), supported by Europol, has resulted in nine arrests and the dismantling of a criminal network smuggling irregular migrants from Algeria to Spain. The operation targeted migrant smugglers responsible for organising trips across the Mediterranean, as well as those managing the complex logistics behind the smuggling events. Europol's migrant smuggling experts provided crucial operational support to the Spanish authorities leading up to and during the action day.

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