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Dutch Regulator Fines bunq €170,000 Over Delayed Responses to Online Fraud Complaints
The Netherlands Authority for the Financial Markets (AFM) has imposed an administrative penalty of €170,000 on digital bank bunq B.V. after determining that the company failed to handle several customer complaints related to online fraud within the timeframe required by law. According to the regulator, the sanction stems from bunq's delayed responses to seven complaints submitted by customers who had fallen victim to online scams. In each of those cases, the affected individu
9 minutes ago


Rome Arrest Deepens Investigation Into €61 Million Caritas Luxembourg Fraud
The investigation into the theft of more than €61 million from Caritas Luxembourg has expanded after Italian authorities arrested a woman in Rome who is believed to have played an important role in the alleged money laundering operation connected to the fraud. The detention followed a European arrest warrant issued by Luxembourg investigators and was reported by Luxembourg media outlets citing information from Italy. Authorities now believe the case extends well beyond the or
12 minutes ago


German Betting Industry Expects World Cup Boom but Warns of Illegal Market Growth
Germany's regulated sports betting sector is preparing for a major surge in activity during the 2026 FIFA World Cup, with industry representatives predicting that the tournament in the United States, Canada and Mexico will become the year's most significant commercial event for the market. According to projections from the German Sports Betting Association (DSWV), the total volume of wagers placed in Germany during the competition could approach the €1 billion threshold. The
24 minutes ago
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UK Gambling Industry Calls for Stronger Action Against Illegal Betting Market
The Betting and Gaming Council (BGC) has unveiled a new strategy aimed at combating the growth of illegal gambling in the United Kingdom, arguing that a coordinated response from government authorities, regulators, technology platforms and financial institutions is necessary to protect consumers and the licensed market. Representing what it says is around 90 per cent of Britain's regulated betting and gaming industry, the trade body believes that unlicensed operators are expa


EU Wind Turbine Manufacturing Climbs to Ten-Year High as Renewable Industry Gains Strength
Wind turbine manufacturing in the European Union experienced a significant recovery in 2024, with production reaching its strongest level in a decade after several years of inconsistent performance, according to newly released figures from Eurostat. The data is included in the 2026 edition of Key figures on European business, a publication that examines a broad range of economic indicators across the EU, including business activity, investment patterns, productivity, technolo


Dutch Regulator Fines bunq €170,000 Over Delayed Responses to Online Fraud Complaints
The Netherlands Authority for the Financial Markets (AFM) has imposed an administrative penalty of €170,000 on digital bank bunq B.V. after determining that the company failed to handle several customer complaints related to online fraud within the timeframe required by law. According to the regulator, the sanction stems from bunq's delayed responses to seven complaints submitted by customers who had fallen victim to online scams. In each of those cases, the affected individu


Rome Arrest Deepens Investigation Into €61 Million Caritas Luxembourg Fraud
The investigation into the theft of more than €61 million from Caritas Luxembourg has expanded after Italian authorities arrested a woman in Rome who is believed to have played an important role in the alleged money laundering operation connected to the fraud. The detention followed a European arrest warrant issued by Luxembourg investigators and was reported by Luxembourg media outlets citing information from Italy. Authorities now believe the case extends well beyond the or
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