EDITOR'S PICK 14/27

Nov 30, 20231 min read

Global Taskforce Targets Hamas Financing: CTFTI Formed by Twelve Nations

Twelve international Financial Intelligence Units (FIUs) have joined forces to establish the "Counter Terrorist Financing Taskforce –...

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EBA Strengthens Anti-Money Laundering Oversight:Extends Guidelines to Crypto-Asset Service Providers

Flexi Group

Nov 29, 20231 min read

EBA Strengthens Anti-Money Laundering Oversight:Extends Guidelines to Crypto-Asset Service Providers

The European Banking Authority (EBA) has taken a significant stride in the fight against financial crime by extending its risk-based...

309 views0 comments

Former Binance CEO's Legal Battle: Lawyers Push Against U.S. Request to Bar Return to UAE

Flexi Group

Nov 28, 20232 min read

Former Binance CEO's Legal Battle: Lawyers Push Against U.S. Request to Bar Return to UAE

Lawyers representing former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to prevent him...

1,449 views0 comments

Wang Yicheng's Cryptocurrency Scams and Political Ties in Thailand

Flexi Group

Nov 27, 20235 min read

Wang Yicheng's Cryptocurrency Scams and Political Ties in Thailand

In a sprawling investigation that unveils a labyrinthine network of cyber scams, cryptocurrency fraud, and intricate diplomatic ties, the...

766 views0 comments

Brazil's Sports Betting Tax Breakthrough: 12% Rate Approved as Bill Heads to Crucial Senate Vote

Flexi Group

Nov 24, 20232 min read

Brazil's Sports Betting Tax Breakthrough: 12% Rate Approved as Bill Heads to Crucial Senate Vote

In a significant development for the sports betting landscape in Brazil, the country's Economic Affairs Commission (CAE) has confirmed a...

1,284 views0 comments

Cryptocurrency Industry Titans Under Scrutiny: A Wave of Investigations and Allegations

Flexi Group

Nov 23, 20233 min read

Cryptocurrency Industry Titans Under Scrutiny: A Wave of Investigations and Allegations

The cryptocurrency industry, often viewed as a realm of innovation and disruption, is facing increased scrutiny as prominent figures find...

704 views0 comments

Binance: $4 Billion Settlement for Money Laundering and Sanctions Breaches

Flexi Group

Nov 22, 20235 min read

Binance: $4 Billion Settlement for Money Laundering and Sanctions Breaches

In a momentous development within the cryptocurrency landscape, Binance, one of the globe's foremost cryptocurrency exchanges, has openly...

803 views0 comments

British Lawyer and MLRO Convicted for Tipping Off Client in Money Laundering Investigation

Flexi Group

Nov 21, 20232 min read

British Lawyer and MLRO Convicted for Tipping Off Client in Money Laundering Investigation

A British lawyer and Money Laundering Reporting Officer (MLRO) has been found guilty of "tipping off" a client regarding a money...

738 views0 comments

Apple's EU State Aid Challenge Faces Procedural Concerns Following Advocate General's Opinion

Flexi Group

Nov 20, 20232 min read

Apple's EU State Aid Challenge Faces Procedural Concerns Following Advocate General's Opinion

The opinion from the advocate general of the Court of Justice of the EU (CJEU), recommending the dismissal of Apple's €14.3 billion...

641 views0 comments

Netherlands Honored by OECD for Efficient Resolution of Transfer Pricing Cases

Flexi Group

Nov 17, 20232 min read

Netherlands Honored by OECD for Efficient Resolution of Transfer Pricing Cases

In a recent accolade from the Organization for Economic Cooperation and Development (OECD), the Netherlands has been recognized for its...

1,270 views0 comments

UBS Faces Retrial Over €1.8 Billion Fine Following France's Top Court Decision

Flexi Group

Nov 16, 20232 min read

UBS Faces Retrial Over €1.8 Billion Fine Following France's Top Court Decision

France's highest judicial court has ruled that a new trial should be conducted regarding the €1.8 billion ($1.95 billion) fine imposed on...

744 views0 comments

Navigating Divisions: The Varied Landscape of Whistleblower Directive Implementation in the EU

Flexi Group

Nov 15, 20232 min read

Navigating Divisions: The Varied Landscape of Whistleblower Directive Implementation in the EU

The European Union's Whistleblower Directive has encountered a spectrum of implementations across member states, underscoring the...

1,010 views0 comments

Global AML/CFT Report Reveals Decline in Effectiveness Amid Crypto Concerns

Flexi Group

Nov 14, 20232 min read

Global AML/CFT Report Reveals Decline in Effectiveness Amid Crypto Concerns

A recent international report, the 'Basel AML Index,' highlights a persistent decline in the effectiveness of Anti-Money...

715 views0 comments

Unveiling the Threat: How Criminals Exploit Fintech's Weak Links

Flexi Group

Nov 13, 20232 min read

Unveiling the Threat: How Criminals Exploit Fintech's Weak Links

In the fast-evolving landscape of digital finance, a recent joint report by FATF and Egmont raises a red flag, emphasizing the need for...

735 views0 comments

FinCEN's Final Rule Enhances Corporate Transparency with Unique Identifier Option

Flexi Group

Nov 10, 20232 min read

FinCEN's Final Rule Enhances Corporate Transparency with Unique Identifier Option

FinCEN, the Financial Crimes Enforcement Network, has recently announced a significant development in its efforts to enhance corporate...

2,300 views0 comments

Brazil Advances Comprehensive Sports Betting Legislation: Key Provisions and Amendments Explained

Flexi Group

Nov 9, 20233 min read

Brazil Advances Comprehensive Sports Betting Legislation: Key Provisions and Amendments Explained

The Sports Commission (CEsp) has given its approval to a bill regulating sports betting, colloquially known as bets. The legislation...

437 views0 comments

EU Updates List of Non-Cooperative Countries for Tax Purposes: Implications for Cyprus Businesses

Flexi Group

Nov 8, 20232 min read

EU Updates List of Non-Cooperative Countries for Tax Purposes: Implications for Cyprus Businesses

The European Council has recently made significant changes to the EU list of non-cooperative countries for tax purposes, impacting...

394 views0 comments

Behind Bars: Notable Billionaires Who Have Faced Incarceration

Flexi Group

Nov 7, 20234 min read

Behind Bars: Notable Billionaires Who Have Faced Incarceration

In a startling turn of events, former cryptocurrency billionaire Sam Bankman-Fried has been convicted on seven counts of fraud and...

950 views0 comments

Exposed: Offshore Company Facilitated Concealed Entities for Putin's Inner Circle

Flexi Group

Nov 6, 20232 min read

Exposed: Offshore Company Facilitated Concealed Entities for Putin's Inner Circle

An offshore company has been uncovered for its involvement in facilitating the creation of concealed entities by Vladimir Putin's inner...

706 views0 comments

SEC Director of Enforcement Urges Greater Internal Vigilance and Reporting by Businesses

Flexi Group

Nov 3, 20232 min read

SEC Director of Enforcement Urges Greater Internal Vigilance and Reporting by Businesses

In a recent discussion at the SEC Securities Enforcement Forum 2023, Gurbir Grewal, the director of the Securities and Exchange...

1,973 views0 comments