World
What do newly approved anti-money laundering rules cover?
EU lawmakers voted in a landslide in favour of new curbs on crypto, football clubs and cash transactions.
EU lawmakers today voted 482 to 47 to set up a long-promised EU anti-money laundering agency, as part of a package that would also see large cash payments banned across Europe.
The move – taken by MEPs at their last voting session before June elections – means new rules apply for football deals and crypto transactions, as the bloc seeks to repair its reputation after a series of financial-sector scandals.
“Dirty money finances terrible crimes,” EU financial services commissioner Mairead McGuinness said, adding that there was an “absolute imperative to improve significantly on the current situation”.
Those views seemed largely shared across the political divide – including by Damien Carême (France/Greens), one of the MEPs who led negotiations.
Terrorists and fraudsters “exploit the loopholes in European legislation”, Carême told lawmakers. “We have to act decisively to ensure a robust system.”
What do new EU money-laundering rules do?
New rules include a limit on professional traders accepting or paying cash for any transaction over €10,000 – given that big wads of untraceable banknotes can send alarm bells over financial crime.
Some lawmakers claim that’s an attack on financial freedom.
“Keep your hands off our cash and our digital currencies,” Patrick Breyer of the German Pirate Party told lawmakers. “We Pirates say no to this creeping financial disenfranchisement.”
Yet one of the most touchy subjects of the complex package has been geographical: the question of where to house a new EU anti-money laundering agency.
After a first-of-a-kind 12-hour public hearing, German financial centre Frankfurt won out, from a slate of candidates that also comprised Paris, Rome, Madrid, Vienna, Riga, Vilnius, Brussels and Dublin.
Its 400-odd staff will directly supervise dirty-money controls at 40 of the bloc’s biggest financial institutions.
Expanded scope of new anti-money laundering laws
EU money laundering laws already apply to big institutions like banks, who are required to verify who their customers are, and report suspicious transactions to the authorities.
Those rules will also apply to high-risk sectors like traders in artwork, jewellery and luxury yachts. They’ll be extended to cover innovative services like cryptocurrency providers—as lawmakers are concerned bitcoin and other, even more anonymous assets can be used for illicit payments.
At MEPs’ insistence, the measures apply to major football clubs and agents – given the large amounts of sometimes dubious money that circulates between them.
More consistent rules
For the first time ever, the EU’s rules are set out in a regulation that will apply more or less consistently across the bloc.
That means less discretion for each country to tweak rules for the national context – creating discrepancies that make it harder for legitimate businesses to operate across borders, and easier for criminals and terrorists to exploit the system.
A separate money laundering directive, also agreed today, resolves issues over how journalists and activists can trace the financial structures used to hide wealth.
Arrangements were thrown into disarray by a shock 2022 EU court judgment that restricted access to company ownership registers on privacy grounds.
Why does the EU need new anti-money laundering rules?
Officials hope the new rulebook will help improve the EU’s reputation for dirty money, closing the chapter on a series of scandals.
Two EU members – Croatia and Bulgaria – currently sit on a “grey list” of suspect money laundering jurisdictions compiled by international standard-setter the Financial Action Task Force (FATF), and Malta was only recently taken off it.
The region also faced a series of financial-sector scandals involving institutions such as Danske Bank, Latvia’s ABLV, and Malta’s Pilatus bank.
Danske was fined billions of euros by US and Danish regulators in 2022, after admitting that around €200bn was laundered through its Estonian arm between 2007 and 2015.
EU talks were given extra salience by the need to enforce sanctions imposed on Russia for its war in Ukraine – given fears that ultra-wealthy oligarchs can use shady financial structures to evade curbs.
When will new EU money laundering rules take effect?
New anti-money laundering controls have been a long time coming, and it’s still not over.
Valdis Dombrovskis berated uneven enforcement and promised to examine a new EU agency in his hearing to become EU financial services commissioner as far back as October 2019.
After several last-minute wrangles, lawmakers and governments announced a tentative deal on the bulk of the law in January 2024.
Once nodded through by national ministers, much of the new regulation kicks in after three years, but there is some flexibility.
Rules for the football sector will take five years to apply, and the new EU agency could start work later this year – though the law setting it up takes effect formally in July 2025.
World
More than 5,000 ISIL detainees transferred from Syria, says Iraqi ministry
Iraq says more than 3,000 Syrians are among the ISIL-linked detainees transferred to one of its prisons by US military.
More than 5,000 ISIL-linked (ISIS) detainees have been transferred from Syrian jails to a prison in neighbouring Iraq so far, according to Iraq’s Ministry of Justice.
In comments to the Iraqi News Agency on Friday, ministry spokesperson Ahmed Laibi said the transfers and ongoing detention of the prisoners had been carried out at the request of an international coalition led by the United States to combat ISIL, of which Iraq is a key member.
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In separate comments on the sidelines of the Munich Security Conference, Iraqi Foreign Minister Fuad Hussein gave a lower figure, telling Reuters that about 3,000 ISIL-linked detainees had been transferred.
He told the news agency that the process was ongoing and that Baghdad was in discussions with various countries about repatriating their nationals who had been transferred.
Iraq would need more financial assistance to deal with the intake, he said, adding that there had been a recent uptick in ISIL activity in Syria.
The US military has been transporting thousands of ISIL-linked prisoners from jails and detention centres previously run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.
The transfers have come as control of the prisons has been handed over to the Syrian government, amid a push by Damascus to assert its authority over the full extent of a country still fragmented in the wake of a brutal war.
Deadly clashes with SDF forces broke out amid the Syrian army’s advance in recent weeks, including in and around key prison sites, resulting in some ISIL detainees escaping and raising fears the armed group could exploit any security vacuum to regroup.
A ceasefire has since been struck between the government and the SDF.
Detainees mostly Syrian nationals
Laibi, the Iraqi Justice Ministry spokesperson, said that of the 5,064 ISIL detainees transferred so far, more than 3,000 were Syrian, while at least 270 were Iraqi.
He said the detainees were being held in a single prison, in a section separated from other prisoners.
The detainees would all be investigated and prosecuted under Iraqi law, he said, while the responsibility for feeding the thousands of detainees was being handled by the international coalition, rather than Iraq.
Last month, lawyers for a group of French ISIL suspects who had been transported by the US military from Syria to Iraqi prisons in an earlier series of transfers claimed the inmates had been subjected to “torture and inhumane treatment” there.
Damascus becomes US’s main anti-ISIL partner
The US military has previously said up to 7,000 people with alleged ISIL links could be transferred to Iraqi-controlled facilities.
US Admiral Brad Cooper, the head of US forces in the Middle East, said last month that facilitating the secure transfer of detainees was critical to preventing mass breakouts that could pose a direct threat to the US and regional security.
The statement came shortly after the US special envoy to Syria said that Washington’s main partner against ISIL in Syria would be the Syrian government, rather than the SDF, which had held that position for years.
The shift followed Syria – under new President Ahmed al-Sharaa, the former leader of the armed group Hayat Tahrir al-Sham, who was once deemed a “Specially Designated Global Terrorist” by the US – joining the anti-ISIL coalition in November.
US departs Syrian base
The ongoing transfers of the detainees from Syria have come as the US military reduces its presence in the country, where it has conducted operations against ISIL for years.
On Thursday, Syrian forces announced they had taken control of the al-Tanf military base, a strategic garrison near the border with Iraq and Jordan, following the withdrawal of US forces.
Cooper, the commander of US forces in the Middle East, said the departure was “part of a deliberate and conditions-based transition”, and that US forces remained “poised to respond to any [ISIL] threats that arise in the region as we support partner-led efforts” to prevent the group’s resurgence.
While ISIL was largely defeated in 2017 in Iraq and in Syria two years later, sleeper cells still carry out attacks in both countries.
World
A look at false claims made by the Trump administration as it revokes a key scientific finding
President Donald Trump on Thursday revoked the 2009 endangerment finding, which has long been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change.
But in making the announcement, Trump and Environmental Protection Agency Administrator Lee Zeldin made false claims regarding the government declaration, climate change, and energy.
Here’s a closer look at the facts.
___
TRUMP: “Known as the endangerment finding, this determination had no basis in fact, had none whatsoever, and it had no basis in law.”
THE FACTS: This is false. The endangerment finding was adopted in 2009 by the EPA after the U.S. Supreme Court ruled in 2007 that greenhouse gases are air pollutants that can be regulated under the Clean Air Act.
“The idea that the endangerment finding has no basis in law is ludicrous,” said Ann Carlson, a professor of environmental law at the University of California, Los Angeles. “The Supreme Court in Massachusetts v. EPA specifically directed the Environmental Protection Agency to determine whether greenhouse gases endanger public health and welfare. The endangerment finding is the result.”
Scientific evidence to support the endangerment finding was provided by the EPA at the time of its inception and is still available on the agency’s website today.
Multiple federal courts have upheld the endangerment finding since it was adopted 16 years ago. ___
TRUMP: “We’ve basically stopped all windmills in this country. It’s the most expensive energy you can get.”
THE FACTS: Onshore wind is one of the cheapest sources of electricity generation, with new wind farms expected to produce around $30 per megawatt hour, according to July estimates from the Energy Information Administration.
This compares to a new natural gas plant, around $65 per megawatt hour, or a new advanced nuclear reactor, which runs over $80. Offshore wind is among the sources of new power generation that will cost the most to build and operate, at $88 per megawatt hour, the EIA said in July.
___ TRUMP, asked about the cost to health and the environment: “It has nothing to do with public health. This is all a scam, a giant scam. This was a rip off of the country by Obama and Biden, and let’s say Obama started it and got it rolling and a terrible rip off.”
THE FACTS: Thousands of peer-reviewed scientific studies connect health harms to climate change. They find increasing deaths from heat waves, extreme weather such as hurricanes and floods and air pollution from worsening wildfires. A 2021 study in Nature Climate Change calculated that globally about 9,700 people die a year from heat-related deaths attributable to human-caused climate change, based on data from 732 cities, including more than 200 in the United States.
A separate study last year listed dozens of climate change health harms and concluded, using the EPA’s own calculation method, that the health costs are at least $10 billion a year, probably much more.
The science of climate change dates back nearly 170 years to studies done by American Eunice Foote showing that carbon dioxide heated cylinders with thermometers inside more than ambient air. The first national climate assessment, done in 2000, before Obama and Biden, “concluded that climate variability and change are likely to increase morbidity and mortality risks.”
___
ZELDIN: “The Obama and Biden administrations used the endangerment finding to steamroll into existence a left-wing wish, including electric vehicle mandates.”
THE FACTS: Trump has made this claim before. There was no federal mandate to force the purchase of EVs.
“If you looked at some of the tables that were in the Biden rules, you could see that there were a variety of different ways that companies could comply with the standards,” said Carrie Jenks, the executive director of Harvard Law School’s environmental and energy law program. “The endangerment finding nor the regulations mandated a shift from one type of vehicle to another.”
Former President Joe Biden did set up a non-binding goal that EVs make up half of new cars sold by 2030. Trump issued an executive order on his first day in office revoking that goal.
Biden’s policies tightened restrictions on pollution from gas-powered cars and trucks in an effort to encourage Americans to buy EVs and car companies to shift from gas-powered vehicles to electric cars. ___
Associated Press writers Seth Borenstein and Matthew Daly in Washington contributed to this report.
___
Find AP Fact Checks here: https://apnews.com/APFactCheck.
World
Uproar after Iran named vice-chair of UN body promoting democracy, women’s rights
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UNITED NATIONS: Iran’s election as vice-chair of the United Nations Commission for Social Development is being slammed by human rights advocates and policy analysts, who have condemned the U.N.’s hypocrisy when it comes to its treatment of undemocratic regimes.
The leadership role was approved without objection during a meeting of the commission, where delegates adopted agenda items and organizational decisions by consensus.
The United Nations has faced continued criticism over its inaction towards the regime’s violent crackdown against protesters in December and January. On Wednesday, U.N. Secretary General António Guterres faced criticism for congratulating Iran on the anniversary of the 1979 Islamic revolution.
UN CHIEF BLASTED AS ‘ABJECTLY TONE-DEAF’ OVER MESSAGE TO IRAN MARKING REVOLUTION ANNIVERSARY
Pezeshkian accused the U.S. of a “grave betrayal” at the United Nations General Assembly on Sept. 24, 2025, in New York City. (Jeenah Moon/Reuters)
U.S. Ambassador to the United Nations Mike Waltz criticized the development, writing on X: “Yet another reason why we are not a member of, nor do we participate in, this ridiculous ‘Commission for Social Development.’”
Alireza Jafarzadeh, author of The Iran Threat and deputy director of the U.S. office of the National Council of Resistance of Iran, also criticized the decision. “Having the Iranian regime in the leadership of a U.N. body tasked with promoting democracy, gender equality, tolerance and non-violence is appalling and like fox guarding the hen house,” Jafarzadeh said. “The vast majority of the Iranian people are calling for regime change because the mullahs are the world’s leading human rights violators, misogynist to the core, and they slaughter the voices of dissent by thousands.”
He argued that Iran should face scrutiny rather than institutional advancement. “Instead, the Iranian regime must be a subject of intense investigation and accountability by all U.N. bodies for crimes against humanity and genocide, from the 1980s to January 2026 uprisings,” Jafarzadeh said. “Decades of inaction by Western governments have emboldened the regime. This must stop now.”
G7 THREATENS IRAN WITH NEW SANCTIONS OVER NATIONWIDE PROTEST CRACKDOWN KILLING THOUSANDS
People gather in Dag Hammerskjold Park across the street from the U.N. headquarters to protest Iranian President Ebrahim Raisi, who addressed the General Assembly on Wednesday. (Peter Aitken for Fox News Digital)
“By electing Iran to help lead a commission devoted to democracy, women’s rights and non-violence, the U.N. makes itself into a mockery,” said Hillel Neuer, executive director of UN Watch. “This is a regime that brutalizes women for not covering their hair, and that just massacred tens of thousands of its own civilians in two days.”
Neuer argued that governments had the ability to block the appointment but chose not to act. “The EU states know how to stop abusive regimes from winning these seats — they’ve done so in the recent past with Russia — but this time on Iran, they chose silence and complicity,” he said. “By rewarding the Mullahs right after their slaughter of innocents, the U.N. has now sent a very dangerous message to Tehran.”
Lisa Daftari, an Iran analyst, said the optics of Iran holding a leadership role in a commission centered on social development and rights were deeply troubling.
US AMBASSADOR WARNS IRAN AT EMERGENCY UN MEETING THAT TRUMP IS ‘MAN OF ACTION,’ ‘ALL OPTIONS ARE ON THE TABLE’
Iranians gather while blocking a street during a protest in Tehran, Iran on Jan. 9, 2026. (MAHSA / Middle East Images / AFP via Getty Images)
“For Iranian women who risk prison or worse just for taking off a headscarf, watching Tehran get a vice-chair on a U.N. social-development commission feels like a slap in the face.”
She added that broader patterns in U.N. voting and resolutions contribute to perceptions of bias.
“When the same U.N. system has spent the last decade passing roughly 170-plus resolutions against Israel and only around 80 on all other countries combined, you don’t need a PhD to see there’s a bias problem,” Daftari said. “When the U.N. has churned out well over a hundred anti-Israel resolutions in recent years while managing a fraction of that number on the world’s worst dictatorships, it looks less like moral leadership and more like political theater.”
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Protesters burn images of Ayatollah Ali Khamenei during a rally held in Solidarity with Iran’s Uprising, organized by The national Council of Resistance of Iran, on Whitehall in central London Jan. 11, 2026, to protest against the Iranian regime’s crackdown on internet access and “recognise their right to self-defense against the regime’s forces”. (Carlos Jasso/AFP via Getty Images)
Daftari rejected that procedural nature of United Nations committees and committees.
“Some diplomats will wave this away as a procedural formality, but at the U.N. nothing is ever purely symbolic,” she said. “The bottom line is that handing Iran’s regime a gavel on ‘social development’ confirms yet again that the place is biased and deeply hypocritical.”
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