Category: Financial Crime

Regulatory Watch News

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  Secretary Bessent Delivers Remarks Before the Ministerial on the Resurgence of Political Terrorism

  US Department of the Treasury

  July 16, 2026

  "More than twenty years ago, in the wake of 9/11, Treasury became the first finance ministry in the world to establish an office dedicated to disrupting the funding networks of terrorist organizations.  Treasury’s Office of Terrorism and Financial Intelligence, referred to as TFI, was created in recognition of the reality that America’s financial system is essential to its national security.  TFI’s mandate to identify, disrupt, and disable illicit foreign funds that threaten our homeland has become one of the Treasury’s defining responsibilities.  And today, we are extending that abiding mission to meet an evolving threat."

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  Armenia: New GRECO report evaluates progress in anti-corruption measures for the central government and law enforcement

  GRECO

  July 16, 2026

  GRECO has today made public its Fifth Round First Compliance Report on Armenia, setting out an assessment of the progress made by Armenia in implementing GRECO's recommendations obtained in its Fifth Round Evaluation Report on Armenia to prevent corruption and promote integrity in respect of central governments (top executive functions) and law enforcement agencies. The report was adopted by GRECO at its 103rd Plenary Meeting, held in Strasbourg from 8 to 12 June 2026.

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  Five arrests for smuggling migrants across the Bulgarian-Serbian green border

  Europol

  July 16, 2026

  An investigation coordinated under a Europol taskforce led to the dismantlement of a migrant smuggling network active across the Balkan route. The Serbian authorities arrested several suspects, including two police officers in an investigation involving Bulgarian law enforcement. The criminal network allegedly smuggled a large number of migrants between January and July 2026 alone, transporting them via Bulgaria, through Serbia and towards Western European countries.