UK 'Fat Cat' Pay Controversy Reignites as CEOs Earn Average Worker's Annual Salary in Four Days
The debate over exorbitant executive pay in the United Kingdom has resurfaced, with a recent study by the High Pay Centre (HPC) revealing...
top of page
.png)
.png)
Search
Flexi Group
Jan 182 min read
Genesis Global Trading Faces $8 Million Penalty and BitLicense Revocation Over Compliance Failures, Cybersecurity Concerns
Genesis Global Trading, a virtual currency brokerage firm, is set to pay an $8 million penalty imposed by the New York State Department...
561 views0 comments
Flexi Group
Jan 172 min read
Illicit Financial Flows Surpass $3 Trillion Globally: Nasdaq Report Reveals Alarming Trends and Urges Collective Action
A staggering sum of over $3 trillion in illicit funds traversed the global financial system in the past year, as disclosed by the...
620 views0 comments
Flexi Group
Jan 172 min read
Minister of Commerce Extends Deadline for Registering Beneficial Owners Amid Criticism and Fines Controversy
The Minister of Commerce, Giorgos Papanastasiou, announced an extension until March 31 for the registration of all companies in the...
604 views0 comments
Flexi Group
Jan 162 min read
Bitwise Attracts $240 Million to its Spot Bitcoin ETF on First Day of Trading
Bitwise, a crypto asset manager, reported that its spot bitcoin exchange-traded fund (ETF) garnered $240 million on the first day of...
619 views0 comments
Flexi Group
Jan 163 min read
TD Bank Employee Faces Comprehensive Money Laundering Charges, Exposing Gaps in AML Protocols
In a revelation that deepens the complexities surrounding TD Bank's recent challenges, the full details of the US case against TD Bank...
670 views0 comments
Flexi Group
Jan 152 min read
Cyprus Eases Fines for UBO Registration: Companies Can Now Register Without Immediate Payment
In a significant policy reversal, Cyprus has opted to ease fines imposed on companies for failing to register their ultimate beneficial...
559 views0 comments
Flexi Group
Jan 155 min read
Unveiling the Layers: The Egmont Group’s Dilemma Over UAE Donation Raises Questions on Transparency and Governance
In a development that has reverberated across the global financial intelligence landscape, the Egmont Group of Financial Intelligence...
526 views0 comments
Flexi Group
Jan 122 min read
Deloitte Partners Raise Concerns Over Effectiveness of European Commission's Transfer Pricing Directive
In response to the European Commission's proposed Transfer Pricing Directive, Deloitte partners Pablo Zalba and Nathalie Aymé have...
677 views0 comments
Flexi Group
Jan 122 min read
TD Bank Faces Allegations of Prior Knowledge on AML Inquiry and Money Laundering Charges, Impacting Acquisition Plans
TD Bank in Canada is alleged to have known about a U.S.-led anti-money laundering (AML) inquiry six months before publicly disclosing the...
698 views0 comments
Flexi Group
Jan 112 min read
UK Home Office Issues Guidance on Money Laundering Reporting for Accounts Under £1,000
The UK's Home Office has issued new guidance regarding money laundering reporting obligations on accounts with a balance under £1,000....
827 views0 comments
Flexi Group
Jan 112 min read
EU Expands Sanctions to Include World's Largest Diamond Producer Alrosa Over Russia's Actions
The European Union (EU) has extended its sanctions against Russia, adding Alrosa, the world's largest diamond producer, and its CEO Pavel...
880 views0 comments
Flexi Group
Jan 101 min read
Coinbase Charts Strategic Expansion in Europe with Acquisition and Regulatory Compliance Initiatives
Coinbase, a prominent player in the cryptocurrency market, revealed its strategic move yesterday, announcing plans to acquire a...
580 views0 comments
Flexi Group
Jan 102 min read
FinCEN Unveils Disturbing Trends: $212 Billion in Identity-Related Suspicious Activity Exposed in 1.6 Million Reports for 2021
In a significant disclosure on Tuesday, the Financial Crimes Enforcement Network (FinCEN) brought to light that it had received a...
590 views0 comments
Flexi Group
Jan 102 min read
HMRC Tax Penalties Skyrocket: A Detailed Analysis of the 25% Surge and Its Impact on Businesses
The HM Revenue and Customs (HMRC) in the UK has witnessed a significant uptick in the value of tax penalties, recording a remarkable 25%...
593 views0 comments
Flexi Group
Jan 92 min read
Deloitte Empowers Workforce with AI: PairD Chatbot Rollout to 75,000 Employees Across Europe, Middle East, and Africa
Deloitte, a leading professional services firm, is in the process of deploying its generative artificial intelligence chatbot, PairD, to...
573 views0 comments
Flexi Group
Jan 95 min read
Navigating the Challenges of Bonus Abuse: A Critical Examination of Regtech Tools in the Gambling Industry
The high-stakes world of gambling has long been synonymous with the allure of beating the house, an age-old tale that continues to...
579 views0 comments
Flexi Group
Jan 82 min read
Exploring the Contrasts: Online Casinos vs. Land-Based Casinos
The disparity between online casinos and their brick-and-mortar counterparts has become a captivating subject, especially with the surge...
568 views0 comments
Flexi Group
Jan 82 min read
Navigating FinCEN Beneficial Ownership Information Reporting: A Comprehensive Guide for Businesses
As the calendar turns to 2024, small businesses, private companies, and various entities find themselves grappling with the new reporting...
564 views0 comments
Flexi Group
Jan 52 min read
Global Gambling Regulators Impose Record-breaking Fines in 2023
The year 2023 witnessed a dynamic and impactful period for regulators in the global gambling industry, as they collectively administered...
1,161 views0 comments
bottom of page