The international financial system needs urgent reforms, as currently it enables illicit money flows and tax abuse, a high-level panel assembled by the United Nations concluded on Thursday, suggesting that tackling this issue is the world's best chance of improving its sustainable development goals.

Police in several European countries, the U.S. and Canada on Tuesday arrested 179 suspected vendors and buyers who allegedly engaged in tens of thousands of sales of illicit goods on the dark web, Europol said in a statement on Tuesday.

Turkey’s main opposition party on Wednesday launched a parliamentary inquiry into government bribery following Sunday’s publication of a cross-border investigation by OCCRP and Courthouse News Service.

A massive operation spanning ten countries and hundreds of law enforcement officers took down one of the most active cocaine-trafficking networks in Europe, an Albanian-speaking group that operated under the name Kompania Bello, Europol said.  

Cyprus blocked an EU decision to sanction individuals suspected of election fraud and the violent crackdown against protesters in Belarus, demanding that policymakers first take action against Turkey over an unrelated territorial dispute.

Plaintiffs are seeking over US$1 billion in an international lawsuit against a Danish bank accused of facilitating rampant money laundering over the course of almost a decade.

A Canadian non-governmental organization urged the Democratic Republic of Congo and its neighbors to crack down on the illicit mining and trade of gold which has been robbing citizens of millions of dollars in taxes every year.

A judge in the Southern District of New York sentenced a former U.S. resident to four years in prison on Monday, making him the first taxpayer in the United States to be incarcerated for crimes revealed in the Panama Papers investigation.

U.S. Senator Elizabeth Warren urged authorities on Monday to crack down on money laundering and other irregularities embedded in the global financial system and called for bank executives to be held accountable.

Armed assailants have killed one man and injured another at a restaurant in British Columbia, with local press identifying the victims as former suspects in a large-scale money laundering investigation.