The Autonomous Region of Madeira has formally launched an international tender for the exclusive concession to operate casino gaming in the Funchal gaming zone, marking the end of the long-standing arrangement with the current concessionaire and opening the process to both domestic and international bidders. The decision follows the approval of Resolution No. 723/2026 by the Regional Government Council during its plenary meeting on 15 July 2026. The resolution was subsequentl

Central banks should neither ignore climate change nor attempt to act as climate policymakers, according to a new economic analysis examining the appropriate role of monetary authorities in an increasingly climate-affected global economy. The report argues that while governments remain responsible for designing and implementing climate policy, central banks must recognise that climate-related developments have become significant macroeconomic forces capable of influencing inf

The UK Gambling Commission has published its 2026 Money Laundering and Terrorist Financing Risk Assessment, providing licensed operators with an updated overview of the principal financial crime threats facing the British gambling industry. The revised assessment is intended to help operators strengthen their anti-money laundering (AML) and counter-terrorist financing (CTF) frameworks by identifying emerging risks, evolving criminal methodologies and areas where additional co

The U.S. Office of the Comptroller of the Currency (OCC) has rejected Wise's application to establish a national trust bank, citing significant deficiencies in the company's anti-money laundering and counter-terrorist financing (AML/CFT) framework, as well as concerns over governance, regulatory expertise and overall readiness to operate as a federally chartered banking institution. The decision represents a major regulatory setback for the global payments company as it seeks