Tag: FATF

Regulatory Watch News

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  Illinois Men Face Additional Charges for Health Care Fraud and Money Laundering Conspiracy

  US Department of Justice

  December 5, 2025

  Two Illinois brothers were indicted yesterday in a superseding indictment on charges related to a scheme to defraud Medicare, Medicaid and private health care insurers and for participating in a money laundering conspiracy with the fraud proceeds. “These defendants are charged with a brazen scheme to steal nearly $300 million from vital health care programs by taking advantage of the fear and panic of the COVID-19 pandemic,” said Acting Assistant Attorney General Matthew R. Galeotti of the Justice Department’s Criminal Division. “These charges make clear that the Criminal Division will never rest in its pursuit of those who try to exploit the most vulnerable members of our society, the elderly and the disabled, for their own personal gain."

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  SEC Announces Agenda and Panelists for Roundtable on Financial Surveillance and Privacy

  SEC

  December 5, 2025

  Washington D.C., Dec. 5, 2025 —

  The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its rescheduled Roundtable on Financial Surveillance and Privacy. “New technologies give us a fresh opportunity to recalibrate financial surveillance measures to ensure the protection of our nation and the liberties that make America unique,” said Commissioner Hester M. Peirce, head of the Crypto Task Force. “I look forward to this chance for the SEC, other federal regulators, and the public to learn from the roundtable participants about how these new tools work.” The roundtable will be held at the SEC's headquarters at 100 F Street, N.E., Washington, D.C. on Dec. 15 from 1 p.m. – 5 p.m. ET. The event will be open to the public and webcast live on the SEC’s website. Doors will open at 12 p.m.

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  A rapidly evolving criminal ecosystem: the escalating exploitation of vulnerable individuals

  Europol

  December 5, 2025

  Migrant smugglers and human traffickers are exploiting today’s geopolitical instability and economic pressures with unprecedented agility. Their business models continue to evolve at high speed, allowing criminals to recruit, transport and exploit vulnerable individuals while maximising profits. As a result, the EU faces a constantly shifting and increasingly digital criminal landscape. Both crime areas have undergone significant transformation in recent years, fuelled in particular by the rapid expansion of online tools for recruitment, advertising and exploitation. These and other latest trends are outlined in the 2025 Europol’s European Migrant Smuggling Centre yearly activity overview, published today.