Swiss Regulator FINMA Calls for Remediation as UBS Faces Scrutiny Following Credit Suisse Merger
Swiss financial regulator FINMA has released a comprehensive assessment today (Wednesday), highlighting significant deficiencies within...
top of page
.png)
.png)
Search
Flexi Group
Mar 212 min read
Israel Tax Authority Targets Israeli Assets in Cyprus Amidst Growing Concerns of Tax Evasion
The Israel Tax Authority (ITA) has launched a sweeping operation aimed at uncovering assets, income, and businesses owned by Israeli...
720 views0 comments
Flexi Group
Mar 203 min read
Unveiling the Elusive World of Money Laundering and Terror Financing
In the murky depths of global finance, a sinister reality lurks: the insidious practice of money laundering and terrorist financing....
1,019 views0 comments
Flexi Group
Mar 192 min read
British Banks Grapple with Double Liability Concerns Over Frozen Accounts Scheme
British banks fear exposure to double liability by using money in frozen “criminal” bank accounts to fight money laundering and fraud....
597 views0 comments
Flexi Group
Mar 154 min read
Overhauling UK Tax Policy: Abolishing Non-Domicile Status and Implications for Wealthy Residents
The United Kingdom is poised for a significant overhaul in its tax policies aimed at wealthy foreigners, with Chancellor of the Exchequer...
1,888 views0 comments
Flexi Group
Mar 142 min read
MEPs Approve Sweeping Directive to Harmonize EU Sanctions Enforcement
This directive represents a concerted effort to address the existing discrepancies among member states regarding the definition of...
808 views0 comments
Flexi Group
Mar 132 min read
UK Banks Granted Extended Fraud Prevention Measures Amid Rising Scam Concerns
British banks have been granted a new measure to combat the surge in authorized push payment fraud, as announced by the government on...
885 views0 comments
Flexi Group
Mar 123 min read
Top 5 Tax Havens for Wealthy Expats Amidst the Recent Changes to Tax Regimes
In the wake of recent changes to tax regimes in the United Kingdom and Portugal, expatriates are seeking new destinations to safeguard...
783 views0 comments
Flexi Group
Mar 112 min read
Empowering Responsible Gambling: Strategies for a Safe and Enjoyable Experience
In the realm of online gaming, responsible gambling serves as the bedrock for a secure and enjoyable experience. It's imperative to...
639 views0 comments
Flexi Group
Mar 82 min read
Europe's Enhanced AML Regulations: Broadening the Scope of Politically Exposed Persons
Europe's latest Anti-Money Laundering (AML) package introduces significant alterations to the definition of politically exposed persons...
1,416 views0 comments
Flexi Group
Mar 72 min read
U.S. Official Issues Stark Warning to Austria and RBI on Russia Business Risks
A senior U.S. official specializing in sanctions enforcement is slated to deliver a stern warning to Austria and Raiffeisen Bank...
935 views0 comments
Flexi Group
Mar 62 min read
US Department of State Sanctions Intellexa Consortium and Tal Dilian Over Predator Spyware Export
The US Department of State has accused a company of engaging in the development, operation, and sale of illegal software, as well as...
880 views0 comments
Flexi Group
Mar 52 min read
Federal Agencies Crack Down on AI Misrepresentation: SEC, DOJ, and FTC Warn Against 'AI Washing'
Federal agencies such as the Securities and Exchange Commission (SEC), Department of Justice (DOJ), and Federal Trade Commission (FTC)...
758 views0 comments
Flexi Group
Mar 41 min read
FinCEN Alerts US Financial Institutions on FATF's Latest Statements and AML/CFT Updates
The Financial Crimes Enforcement Network (FinCEN) has notified US financial institutions about a recent statement from the Financial...
717 views0 comments
Flexi Group
Mar 12 min read
UK's FCA Unveils Ambitious Enforcement Strategy: Embracing Transparency, Agility, and Impact
In an ambitious move to bolster its regulatory effectiveness, the Financial Conduct Authority (FCA) of the United Kingdom is embarking on...
1,405 views0 comments
Flexi Group
Feb 292 min read
Unpacking Concerns: Tax Foundation Economist Analyzes Pillar Two's Viability in International Tax Reform
Alan Cole, an economist at the Tax Foundation, has offered a nuanced critique of pillar two, a critical component of the international...
1,048 views0 comments
Flexi Group
Feb 283 min read
Massive €2 Billion Money Laundering Scheme Unveiled: Lithuanian Institution at Center of International Operation
In a significant development in the crackdown on organized crime and money laundering, investigators have uncovered approximately €2...
623 views0 comments
Flexi Group
Feb 272 min read
EU Council Adopts Instant Payments Regulation: Transforming Financial Transactions Across Member States
The Council of the European Union has announced the adoption of a new regulation aimed at facilitating instant payments in euros for...
776 views0 comments
Flexi Group
Feb 262 min read
The United States and the European Union have jointly announced a significant escalation of sanctions against Russia
In a coordinated effort, the U.S. government has imposed approximately 600 new sanctions on Russia, constituting the largest single round...
692 views0 comments
Flexi Group
Feb 232 min read
EU Council Updates Non-Cooperative Tax Jurisdiction Lists: Shifts Blacklist Countries to Grey, Acknowledges Reform Progress
On February 20, 2024, the European Union Council made significant updates to its list of non-cooperative jurisdictions for tax purposes,...
2,239 views0 comments
bottom of page