Deutsche Bank and Bank of America took years to report more than $420 million in suspicious transactions connected to Jeffrey Epstein, according to a new report from Sen. Ron Wyden (D-Ore.), ranking member of the Senate Finance Committee.
Oscar Gonzalez
Oscar Gonzalez is the Managing Editor for Compliance Week. He previously worked at Gizmodo, CNET, CBS News Radio, TheStreet, and NBC.
Email: oscar.gonzalez@complianceweek.com
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Posted inRegulatory Enforcement
New York is the latest state to sue Kalshi for hosting an illegal gambling operation
New York Attorney General Letitia James sued prediction market platform Kalshi on July 31, alleging the company has been operating an unlicensed gambling business in violation of state law. The lawsuit is the latest legal challenge facing Kalshi, which is already battling several other states as courts determine what regulations, if any, the company must follow.
Posted inRegulatory Enforcement
DOJ launches new trade fraud unit as task force tops $1 billion in recoveries
The DOJ announced the creation of a new unit dedicated to investigating and prosecuting criminal import, trade, and customs fraud.
Posted inRegulatory Enforcement
Kalshi, CFTC clash with states over prediction market jurisdiction
The fight over who regulates prediction markets continues as the CFTC filed a lawsuit against another state for its attempt to cement its jurisdiction on these companies. One of these companies, Kalshi, fought back as well, suing the state of Illinois, adding to the growing list of legal battles over this still-emerging sector.
Posted inRegulatory Enforcement
FTC, states settle right-to-repair suit with John Deere
The FTC and five states reached a settlement with Deere & Company that requires the agricultural equipment maker to overhaul practices that limited farmers’ ability to repair their own machinery, the FTC announced Wednesday.
Posted inSurveys & Benchmarking
Compliance officers grapple with AI risks as upper management pushes adoption
It’s clear that AI is a reality for compliance. Introducing new technology slowly was the norm, but AI has been given the fast track in organizations both big and small, across all industries.
Posted inSurveys & Benchmarking
Inside the Mind of the CCO survey finds most compliance teams allow AI use, but governance lags behind
AI use in compliance is here, and it is worrying compliance professionals, according to CW’s Inside the Mind of the CCO survey.
Posted inEvents
PG&E’s Alex Vallejo Is Compliance Week’s 2026 Innovator of the Year Award Winner
Alex Vallejo joined Pacific Gas and Electric (PG&E) 17 days after a gas pipeline exploded in San Bruno, California, killing eight people and destroying dozens of homes. The company faced scrutiny from local, state, and federal agencies, as well as losing trust with its customers. In his role, Vallejo helped to reimagine a tracking system […]
Posted inESG/Social Responsibility
CW National: Peirce confirms SEC climate rule rescission proposal being reviewed
Commissioner Hester Peirce had raised concerns about the rule and views the U.S.’s pullback on ESG regulations as a competitive edge over other countries.
Posted inEthics & Culture
2026 Excellence in Compliance Awards – Rising Star in Compliance Finalists
The finalists for Compliance Week’s Rising Star in Compliance award embody that emerging talent, showing how the next generation is already shaping the future of the field.
