TOP STORIES 7/57

Sep 254 min read

UAE Approves First Lottery License, Reveals Casino and Gambling Regulations

In a landmark move, regulators in the United Arab Emirates (UAE) have granted the country's first lottery license and made public the...

1,132 views0 comments

Cyprus Forum Promotes Island as Key Business Hub for Lebanese Firms Seeking EU Access

Flexi Group

Sep 242 min read

Cyprus Forum Promotes Island as Key Business Hub for Lebanese Firms Seeking EU Access

On Monday, the Cyprus Chamber of Commerce and Industry (Keve) and Invest Cyprus co-hosted a forum aimed at positioning Cyprus as a...

376 views0 comments

UK Regulator Warns Lawyers and Accountants Are Failing to Meet Money Laundering Standards

Flexi Group

Sep 242 min read

UK Regulator Warns Lawyers and Accountants Are Failing to Meet Money Laundering Standards

The UK's Financial Conduct Authority (FCA) has raised concerns that lawyers and accountants are falling short in meeting anti-money...

625 views0 comments

Finance Ministry Urges Football Clubs to Settle €35.6 Million in Debt

Flexi Group

Sep 243 min read

Finance Ministry Urges Football Clubs to Settle €35.6 Million in Debt

The Ministry of Finance has sent a stern warning to football clubs participating in the Debt Repayment Plan, instructing them to pay off...

686 views0 comments

German Authorities Shut Down Crypto Exchanges Linked to Criminal Money Laundering

Flexi Group

Sep 231 min read

German Authorities Shut Down Crypto Exchanges Linked to Criminal Money Laundering

German officials have shut down dozens of cryptocurrency exchanges suspected of being used by criminals to launder illicit funds. Law...

613 views0 comments

BaFin Issues Guidance for Banks on Compliance with EU's Upcoming DORA Rules

Flexi Group

Sep 232 min read

BaFin Issues Guidance for Banks on Compliance with EU's Upcoming DORA Rules

Germany’s financial regulator, BaFin, has issued new guidance to help banks comply with the EU’s forthcoming Digital Operational...

616 views0 comments

How Small Businesses Can Thrive in the World's Largest iGaming Market

Flexi Group

Sep 203 min read

How Small Businesses Can Thrive in the World's Largest iGaming Market

With increasing discussions about Great Britain’s gambling market nearing saturation, many companies are shifting their focus to other...

1,540 views0 comments

UK Government Warns of North Korean IT Workers Laundering Cash for Pyongyang Regime

Flexi Group

Sep 192 min read

UK Government Warns of North Korean IT Workers Laundering Cash for Pyongyang Regime

The UK government has raised alarms over North Korean IT workers covertly securing jobs at British firms to funnel cash to the Pyongyang...

809 views0 comments

New FDIC Rule Increases Antitrust Scrutiny for Bank Mergers

Flexi Group

Sep 192 min read

New FDIC Rule Increases Antitrust Scrutiny for Bank Mergers

Federal banking regulators have introduced a new rule that will intensify the scrutiny of bank mergers, particularly for large and...

883 views0 comments

Cyprus Among EU Countries with Lowest Poverty Rates, Greece Among Highest

Flexi Group

Sep 182 min read

Cyprus Among EU Countries with Lowest Poverty Rates, Greece Among Highest

Unlike countries such as Greece, Romania, and Bulgaria, which report high levels of severe material and social deprivation, Cyprus stands...

1,063 views0 comments

Brazil Sets October Deadline for Betting Operators to Seek Authorization Ahead of January 2025 Regulation

Flexi Group

Sep 182 min read

Brazil Sets October Deadline for Betting Operators to Seek Authorization Ahead of January 2025 Regulation

The Prizes and Betting Secretariat (SPA) in Brazil has established a crucial deadline for betting companies that wish to operate legally...

936 views0 comments

Citigroup COO Anand Selva to Share Responsibility for Key Compliance Initiative Amid Regulatory Pressure

Flexi Group

Sep 172 min read

Citigroup COO Anand Selva to Share Responsibility for Key Compliance Initiative Amid Regulatory Pressure

Citigroup’s Chief Operating Officer, Anand Selva, will now share oversight of the bank's critical data compliance program, according to a...

855 views0 comments

UK Identified as Global Hub for Money Laundering, Says National Economic Crime Centre

Flexi Group

Sep 172 min read

UK Identified as Global Hub for Money Laundering, Says National Economic Crime Centre

The UK has been identified as a key hub for international money laundering, according to the National Economic Crime Centre (NECC), one...

987 views0 comments

China Bans PwC’s Chinese Unit for Six Months Over Evergrande Audit Failures

Flexi Group

Sep 173 min read

China Bans PwC’s Chinese Unit for Six Months Over Evergrande Audit Failures

Chinese authorities have imposed a six-month ban on PwC’s Chinese unit, accusing it of being complicit in the downfall of the massive...

978 views0 comments

Cyprus: A Rising Startup Hub Beyond Tax Incentives

Flexi Group

Sep 164 min read

Cyprus: A Rising Startup Hub Beyond Tax Incentives

Cyprus, long renowned for its sun-soaked beaches and rich history, is now gaining attention for something quite different: its burgeoning...

709 views0 comments

Canadian Banks Criticize Ineffective AML Rules, Highlighting Overwhelming SAR Submissions

Flexi Group

Sep 162 min read

Canadian Banks Criticize Ineffective AML Rules, Highlighting Overwhelming SAR Submissions

Canada's largest banks are raising concerns over the country’s anti-money laundering (AML) regulations, calling them ineffective and...

586 views0 comments

Swedbank’s Former CEO Faces Prison for Role in Baltic Money Laundering Scandal

Flexi Group

Sep 133 min read

Swedbank’s Former CEO Faces Prison for Role in Baltic Money Laundering Scandal

The fallout from Danske Bank’s massive money laundering operation in the Baltics has claimed another high-profile casualty: Swedbank’s...

1,445 views0 comments

The Global Divide in Online Gambling Regulation: A Look at Sweden and Nigeria

Flexi Group

Sep 133 min read

The Global Divide in Online Gambling Regulation: A Look at Sweden and Nigeria

The global online gambling landscape is evolving at a rapid pace, with countries adopting vastly different approaches to regulation and...

1,307 views0 comments

U.S. Charges Russia Today Employees with Money Laundering in Election Influence Scheme

Flexi Group

Sep 122 min read

U.S. Charges Russia Today Employees with Money Laundering in Election Influence Scheme

The U.S. has filed money-laundering charges against two employees of Russia’s state-backed media outlet, Russia Today (RT), accusing them...

586 views0 comments

Australia Introduces New Bill to Strengthen Anti-Money Laundering and Counter-Terrorism Financing Framework

Flexi Group

Sep 123 min read

Australia Introduces New Bill to Strengthen Anti-Money Laundering and Counter-Terrorism Financing Framework

On Wednesday, the Australian Government introduced the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill...

717 views0 comments