Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal.The Financial Conduct Authority (FCA) has awarded Palantir a contract to investigate the watchdog’s internal intelligence data in an effort to help it tackle financial crime, which includes investigating fraud, money laundering and insider trading.The Miami-based company, co-founded b ...

Core Insights - The 2026 Global Financial Crime Report reveals that illicit financial activity has surged by $1.3 trillion since 2023, bringing the total estimated scale of global financial crime to $4.4 trillion, with a compound annual growth rate of 19.2% over two years [2] - Fraud scams and bank fraud schemes have resulted in global losses of $579.4 billion, with fraud scams growing at a compound annual growth rate of 19.3%, reaching $62 billion [2] - Criminal networks are increasingly leveraging AI to enhance their operations, with 90% of financial crime professionals reporting an increase in AI-driven attacks at their institutions over the past two years [2][3] Financial Crime Landscape - Drug trafficking activity is estimated at $1.1 trillion, with an annualized growth rate of 17.1% [6] - Human trafficking is estimated at $528.5 billion, with an annualized growth rate of 23.5% [6] - Terrorist financing is estimated at $16.2 billion, with an annualized growth rate of 18.8% [6] Collaborative Efforts - Nasdaq Verafin is pledging to support the UN Office on Drugs and Crime (UNODC) in combating financial crime by mobilizing private sector collaboration [4] - The company will host a series of convenings for private sector leaders to discuss emerging threats and actionable steps for improving cross-sector collaboration [4] - The report highlights organizations that demonstrate successful collaboration between public and private sectors in the fight against financial crime [3]

RT Richard Teng (@_RichardTeng)Irresponsible and misleading press articles based on anonymous sources (whether including possibly disgruntled ex-employees or otherwise) does injustice to the great work of our more than 1300 compliance staff working tirelessly to uphold global standards.Facts:1. Binance complies and upholds global AML and applicable sanctions standards.2. Similar to other financial institutions, we employed and relied on industry-leading 3rd party tools such as Elliptic, Chainalysis and TRM ...

your interest in following the money, Jeffrey Epstein's money, how he made it, how he used it. >> What I'm kind of blown away by from uh from from reviewing the documents thus far is the inclusion of suspicious activity reports from various financial institutions. And the suspicious activity reports comes directly from Fininsen.Fininsen is the financial crimes enforcement network. It's part of the US Treasury Department and their job is to uh uh you know combat money la uh money laundering and other financi ...

中国证监会：大力发展权益类公募基金；强化政策解读和预期引导，及时回应市场关注关切，压实行业机构、上市公司的声誉管理责任，持续讲好“股市叙事”。启动实施深化创业板改革，加快科创板“1+6”改革举措落地；尽快落地商业不动产REITs试点，研究推出新的重点期货品种。继续重拳惩治财务造假、内幕交易、市场操纵、挪用侵占私募基金财产等证券期货违法违规行为。 ...

Legal & Regulatory Changes - Juries will be scrapped for a range of criminal trials in England and Wales [1] - The change impacts complex financial crime trials [1] - This represents the biggest shake-up of the country's justice system in decades [1]

Core Viewpoint - The Supreme People's Court and the Supreme People's Procuratorate have jointly released six typical cases of punishing financial sector job-related crimes, emphasizing strict legal enforcement against corruption in the financial industry [1] Group 1: Strict Legal Punishment - The cases highlight a firm stance on severe punishment for corruption in financial regulation, with significant penalties imposed on individuals involved in corrupt practices [2] - Liu, a financial regulatory official, was sentenced to death with a two-year reprieve and life imprisonment for accepting over 150 million yuan in bribes and causing substantial financial losses [2] - Wu, a bank president, was sentenced similarly for accepting bribes totaling 275 million yuan and misappropriating over 508 million yuan in public funds [2] Group 2: Targeting New Forms of Hidden Corruption - The cases also focus on addressing new forms of hidden corruption, such as bribery disguised as labor compensation or profit-sharing without actual investment [3] - Huang's case exemplifies the "revolving door" phenomenon in political and business corruption, while Li and Xu's cases illustrate the typical manifestations of hidden corruption [3] Group 3: Multi-Sector Coverage - The cases encompass various sectors within finance, including regulatory bodies, banks, and trusts, demonstrating a comprehensive approach to tackling job-related crimes across the financial landscape [4] - Wang's case involved misappropriation of public funds through fraudulent financial agreements, leading to a life sentence, showcasing the judiciary's commitment to deterring financial crimes [4] - Zeng's case involved illegal loan approvals despite known non-compliance with lending conditions, resulting in significant economic losses for a trust company, further emphasizing the need for strict enforcement in financial management [4]

Europe’s police-intelligence agency is close to appointing the senior Italian law-enforcement official as the new head of its financial crime department https://t.co/zBnC0zGZPj ...

Across South-East Asia tens of thousands of people toil to defraud Americans, Europeans and others in an industry that is estimated to steal over $500bn a year from victims worldwide https://t.co/mFRObdMDe0 ...

it seems to me that their sole mission should be committing whatever crime is necessary to raise more money to buy at 50% drawdowns, but idk ...