Foreign Suspects Surrender Assets Worth S$1.85 Billion in Singapore’s Largest Money Laundering Case
In a significant development in Singapore’s largest-ever money laundering investigation, 15 foreign suspects have agreed to surrender...
top of page
.png)
.png)
Search
Flexi Group
3 hours ago2 min read
Elizabeth Warren Urges Fed to Maintain Wells Fargo’s Asset Cap Until Risk Management Issues Are Resolved
Top Democratic Senator Elizabeth Warren has called on the Federal Reserve to maintain its $1.95 trillion asset cap on Wells Fargo until...
85 views0 comments
Flexi Group
4 hours ago2 min read
Swiss Regulator Warns of Stablecoin Risks in Illicit Finance
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has issued a cautionary statement about the...
117 views0 comments
Flexi Group
1 day ago3 min read
Former Billionaire Bill Hwang Sentenced to 18 Years Over Archegos Collapse
Sung Kook “Bill” Hwang, the former billionaire investor and founder of Archegos Capital Management, has been sentenced to 18 years in...
713 views0 comments
Flexi Group
1 day ago2 min read
Federal Reserve Bank of Richmond Examiner Admits to Insider Trading, Faces 20 Years in Prison
A senior manager and bank examiner at the Federal Reserve Bank of Richmond, Robert Thompson, has admitted to insider trading after...
593 views0 comments
Flexi Group
1 day ago1 min read
Eurojust Establishes Pan-EU Group to Strengthen AML and Financial Crime Response
Eurojust has announced the creation of a European-wide group aimed at enhancing collaboration between judges, prosecutors, and anti-money...
611 views0 comments
Flexi Group
2 days ago2 min read
UK Government Commits to Public Beneficial Ownership Registers
The UK government has reaffirmed its commitment to implementing fully public beneficial ownership registers, with a spokesperson from the...
880 views0 comments
Flexi Group
2 days ago2 min read
Luxembourg Seeks Public Help in Locating High-Priority Fugitive Philippe Wasila
Luxembourg has issued a global plea for public assistance in tracking down one of its most high-priority fugitives, 57-year-old Philippe...
951 views0 comments
Flexi Group
2 days ago2 min read
Malta’s Constitutional Court Reinstates €454,293 FIAU Fine Against Phoenix Payments
Malta’s Constitutional Court has reversed a prior ruling that deemed a significant fine imposed by the Financial Intelligence Analysis...
874 views0 comments
Flexi Group
3 days ago2 min read
Drug Company and CEO Settle $47M False Claims Allegations Over Kickbacks and Free Tests
A pharmaceutical company, QOL Medical, and its chief executive officer, Frederick Cooper, have agreed to pay $47 million to resolve...
369 views0 comments
Flexi Group
3 days ago2 min read
OFAC Penalty Highlights Key Lessons for Sanctions Compliance
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued another penalty, this time to American Life...
581 views0 comments
Flexi Group
3 days ago2 min read
EU Guidelines Mandate Senior AML Leadership for Financial Institutions
In a significant step towards unifying anti-money laundering (AML) regulations across Europe, the European Banking Authority (EBA) has...
794 views0 comments
Flexi Group
4 days ago3 min read
China’s Market Reform Agenda Highlights Hong Kong’s Critical Role as Financial Superconnector
China is set to introduce a new wave of reforms to further open its markets, with Hong Kong playing a pivotal role in bridging...
282 views0 comments
Flexi Group
4 days ago2 min read
European Commission Slaps Meta with $841M Fine Over Alleged Anticompetitive Practices
The European Commission (EC) has imposed a nearly €798 million (US $841 million) fine on Meta, the parent company of Facebook, after...
571 views0 comments
Flexi Group
4 days ago1 min read
U.S. Authorities Investigate Citigroup Over Ties to Sanctioned Russian Oligarch Suleiman Kerimov
Citigroup is under investigation by multiple U.S. government agencies over its connections to sanctioned Russian billionaire Suleiman...
531 views0 comments
Flexi Group
4 days ago2 min read
OECD Criticizes Portugal Over Long-Standing Foreign Bribery Law Issues
Portugal has faced sharp criticism from the OECD Working Group on Bribery for its prolonged inaction on key proposals to strengthen laws...
685 views0 comments
Flexi Group
Nov 152 min read
Whistleblower’s Delay Costs Them in $4 Million CFTC Award
A whistleblower who failed to report illegal activity in a timely manner has been penalized by the Commodity Futures Trading Commission...
1,180 views0 comments
Flexi Group
Nov 152 min read
FCA Chief Signals Shift in Approach to ‘Name and Shame’ Policy Amid Backlash
The UK’s Financial Conduct Authority (FCA) is preparing to ease back on its controversial “name and shame” proposals for companies under...
1,881 views0 comments
Flexi Group
Nov 152 min read
FinCEN Issues Alert on Rise of Deepfake Fraud Targeting Financial Institutions
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a warning to financial institutions about a surge in...
2,193 views0 comments
Flexi Group
Nov 152 min read
Prominent South Korean Financial Influencer Arrested in Country’s Largest Cryptocurrency Scam
A well-known financial influencer in South Korea, referred to only as Mr. A, has been implicated in what authorities are calling the...
1,968 views0 comments
bottom of page