London Court Sentences Woman to Prison for Money Laundering in £5 Billion Fraud Case
A woman has been sentenced to nearly seven years in prison by a London court after being found guilty of money laundering in connection...
top of page
.png)
.png)
Search
Flexi Group
May 242 min read
EPA Intensifies Inspections as Cybersecurity Threats Jeopardize Public Drinking Water Systems
The Environmental Protection Agency (EPA) is ramping up its inspections of public drinking water systems after discovering that a...
1,523 views0 comments
Flexi Group
May 231 min read
N26 Fined €9.2 Million by BaFin for Reporting Failures in Money Laundering Controls
Online bank N26 has been hit with a €9.2 million fine by BaFin, Germany’s financial regulator. BaFin identified issues related to the...
994 views0 comments
Flexi Group
May 222 min read
EU's Plan to Divert Frozen Russian Assets to Ukraine Sparks Concerns as Diplomat Warns of Potential Consequences
A Russian diplomat has expressed concerns regarding the European Union's decision to divert profits from frozen assets of the Russian...
691 views0 comments
Flexi Group
May 212 min read
Eurogroup President Donohoe Calls for Enhanced Measures Against Financial Crime at European Summit
Eurogroup President Paschal Donohoe inaugurated the ‘European Anti-Financial Crime Summit 2024’ (EAFCS) with a call to action, stating...
1,151 views0 comments
Flexi Group
May 202 min read
TRACFIN Director Antoine Magnant Stresses Public-Private Partnerships to Combat Cybercrime and Protect Democracy at EAFCS
Antoine Magnant, director of TRACFIN, emphasized the importance of Public-Private Partnerships (PPPs) in combating cybercrime to protect...
655 views0 comments
Flexi Group
May 172 min read
NYDFS Releases Cybersecurity Guidance for Small Businesses in Financial Sector
The New York State Department of Financial Services (NYDFS) has issued guidance intended to aid small businesses in meeting their...
983 views0 comments
Flexi Group
May 162 min read
SEC Chief Accountant Urges Audit Firms to Uphold Ethical Standards and Accountability
Staff members at the Securities and Exchange Commission (SEC) have raised concerns about audit firms setting poor examples for junior...
875 views0 comments
Flexi Group
May 152 min read
U.S. Treasury Sanctions Russian Entities in $1.6 Billion Industrial Stake Case: Raiffeisen Bank International Withdraws Amid Scrutiny
The U.S. Treasury has taken a significant step by imposing sanctions on a complex web of Russian entities allegedly involved in masking...
643 views0 comments
Flexi Group
May 142 min read
SEC and FinCEN Propose New Rules to Combat Illicit Finance in Investment Adviser Sector
The Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule on Monday,...
983 views0 comments
Flexi Group
May 132 min read
INTERPOL, FATF, and UNODC Join Forces to Combat Transnational Crime through Strengthened AML Measures
INTERPOL, the Financial Action Task Force (FATF), and the United Nations Office on Drugs and Crime (UNODC) have issued a joint call...
816 views0 comments
Flexi Group
May 101 min read
Australia Allocates $166M to Strengthen AML Measures, Aims to Avoid FATF 'Grey List'
Australia has announced a budget allocation of $166.4 million to bolster its anti-money laundering (AML) and counter-terrorism financing...
1,452 views0 comments
Flexi Group
May 92 min read
US Issues $1.5 Billion Fines for Russia Sanctions Breaches, Banks Face Heightened Compliance Risks
International banks are bracing themselves for increased compliance risks as the United States levies hefty fines totaling $1.5 billion...
558 views0 comments
Flexi Group
May 83 min read
Unveiling Italy's Mafia: A Shift Towards White-Collar Crime
Italy's mafia landscape is undergoing a seismic shift, marked by a departure from its traditional violent activities towards more...
787 views0 comments
Flexi Group
May 22 min read
European Banking Authority Urges Fair Treatment for Customers in Fraudulent Payment Cases
In response to the rising incidence of payment fraud, the European Banking Authority (EBA) has issued an opinion calling for fair...
3,172 views0 comments
Flexi Group
Apr 302 min read
Europe's Search for Anti-Money Laundering Authority Chair Begins Amid Speculation and Preparation
The search for the Chair of Europe’s new Anti-Money Laundering Authority (AMLA) is set to commence this autumn, according to sources at...
735 views0 comments
Flexi Group
Apr 292 min read
TikTok Halts New Features Amid EU Inquiry and U.S. Ban Bill
Amidst mounting regulatory scrutiny, social media giant TikTok has announced the suspension of new features in response to inquiries by...
585 views0 comments
Flexi Group
Apr 262 min read
EU Parliament Blocks UAE and Gibraltar Delisting Amidst AML Concerns: Impact on Regulatory Alignment and Bilateral Relations
The recent decision by the European Parliament to block the removal of the United Arab Emirates (UAE) and Gibraltar from Europe's list of...
1,297 views0 comments
Flexi Group
Apr 252 min read
EU Parliament Passes New Anti-Money Laundering Laws: Strengthening Defenses Against Financial Crime
European lawmakers hailed the passage of new anti-money laundering (AML) laws in the final plenary session of the current parliament,...
509 views0 comments
Flexi Group
Apr 242 min read
Financial Intelligence Triumphs: STRs Lead to Arrests in Netherlands, Estonia, and Canada
Financial intelligence units in the Netherlands, Estonia, and Canada are heralding the instrumental role of Suspicious Transaction...
1,076 views0 comments
bottom of page