Regtech Times

The entry of new investors into an Alternative Investment Fund can alter the economic position of existing investors. Similarly, capital infusions in companies may create imbalances among shareholders. To address such disparities, mechanisms such as compensatory contributions have evolved in the context of Alternative Investment Funds, bearing some resemblance to the concept of share premium under the Companies Act, 2013.

Bangladeshi national Saiful Islam, 39, will make his initial appearance in Laredo, Texas, today after being extradited from Brazil. An indictment in the Southern District of Texas was unsealed today charging Islam for his role in a conspiracy that smuggled numerous aliens through Central America to the United States. According to court documents, Islam participated in a wide-ranging human smuggling operation and assisted other smugglers by facilitating the travel of aliens from São Paulo, Brazil.

Over the past several years, Iran has faced strict sanctions aimed at cutting off its main source of income—oil exports. These sanctions were designed to stop Iran from selling oil to other countries and reduce its ability to earn money. At one point, Iran’s oil sales dropped sharply, falling from millions of barrels a day to just a small fraction of that amount. However, despite these restrictions, Iran did not lose its oil income completely.

The Department of Justice and FBI announced today a personnel surge in support of Operation Not Forgotten 2026, the latest deployment under Operation Steadfast Promise demonstrating the FBI's sustained commitment to addressing violent crime and improving public safety in Indian Country. In its fourth year, Operation Not Forgotten focuses on unresolved cases in Indian Country with a priority placed on cases involving violence against women and children, including those who are missing or murdered.

Global financial markets are under pressure as geopolitical tensions push energy prices higher. When oil and gas prices rise, everyday costs increase. This leads to inflation, which affects economies worldwide. To control inflation, central banks in major economies such as the United States and the United Kingdom are expected to keep interest rates higher. Higher rates make borrowing more expensive and usually lead to rising bond yields. When yields rise, bond prices fall.

The United Kingdom has fined a unit of Apple Inc. for breaching financial sanctions linked to Russia. The action was taken by the Office of Financial Sanctions Implementation (OFSI), which enforces sanctions rules in the country. The fine is £390,000 (around $516,000). It was officially imposed on March 19, according to a government statement. The company involved is Apple Distribution International (ADI). This Ireland-based unit handles payments to developers who sell apps on Apple’s App Store.

A federal grand jury in Pittsburgh has charged six residents of the greater Pittsburgh area with violating the Matthew Shepard and James Byrd Jr. Hate Crimes Prevention Act, obstructing justice. Conspiring to obstruct justice in relation to a September 2024 attack on a Jewish male in the Oakland neighborhood of Pittsburgh. Key details of the case The seven-count indictment named Muhammed Koc, 27, of Pittsburgh.

Three men from the same family—David Hunt, his son Baylon Hunt, and Baylon’s half-brother Corey Burt—have been sentenced to prison for a large-scale tax refund fraud scheme involving millions of dollars in false claims against the U.S. government. A federal investigation found they used fake documents and fabricated trusts to repeatedly file fraudulent returns before the operation was uncovered and stopped.

A cross-border money transfer case linked to U.S. sanctions on Venezuelan officials has taken a significant turn after a Uruguayan national admitted his involvement. The case sheds light on how individuals attempt to bypass strict financial rules using hidden methods, raising concerns about the misuse of global banking systems. A 60-year-old Uruguayan man, Irazmar Carbajal De Jesus, has pleaded guilty in a U.S. federal court for helping move money into the United States illegally.

The Department of Justice announced today a resolution of a foreign bribery investigation into Balt SAS (Balt), a medical device company headquartered in France, relating to an alleged scheme to pay bribes to a physician who served in a senior role at a state-owned public hospital in France (the Official), in violation of the Foreign Corrupt Practices Act (FCPA).