The Central Bank of Iraq (CBI) has taken custody over a private bank whose majority owner had been misspending loans he took to finish a government project. The CBI asked the custodian to take legal measures against those who abused the bank’s funds.

A U.S. federal judge found that a gold mining company has violated environmental laws more than 3,000 times at its Buckhorn Mine in “one of the unspoiled natural areas” of Washington State, the Office of the Attorney General said Thursday.

Danske Bank announced on Thursday that it had booked an additional provision of around US$1.8 billion designated for fines that could bring one of the world’s biggest money-laundering scandals closer to a settlement.

Financial Action Task Force (FATF) placed Myanmar on its blacklist for money laundering and terrorism financing alongside North Korea and Iran – the organization announced on Friday.