A prominent hospitality company wanted to provide bigger impetus to its commitment toward driving sustainability in its business and emerge as a responsible organization. In line...
Amid a global crackdown on the cryptocurrency industry, an international association of 130 securities and futures watchdogs, known as the International Organization of Securities...
The passing of the Financial Services and Markets (Amended) Bill (FSM(A)B in Singapore and the upcoming launch of the Collaborative Sharing of Money Laundering/Terrorist...
Israel has seized approximately 190 cryptocurrency accounts on the Binance exchange since 2021, including two linked to ISIS and dozens connected to Palestinian firms...
Poloniex LLC, a U.S. entity linked to the Poloniex cryptocurrency exchange, will pay $7.59 million to settle allegations of violating sanctions, according to the...
The European Parliament has given its approval to the world's first comprehensive set of regulations for the cryptocurrency industry. The Markets in Crypto Act...
It was recently reported that sensitive customer data of a major bank was compromised by a security breach; 600,000 customers were allegedly impacted. According...
Hollywood actor Leonardo DiCaprio testified in a US federal court trial related to international money laundering and illegal political donations. He is a witness...
Wells Fargo & Co (WFC.N) has been fined approximately $97.8 million by federal authorities for inadequate compliance oversight, leading to violations of U.S. sanctions...
The Wall Street Journal revealed that Tether, the company behind the world's largest stablecoin, reportedly used fabricated documents and intermediaries to access bank accounts....
Particular trades: shell companies
The problem
To reduce its corporation tax liability, a principal company with one or more trading subsidiaries may transfer the business, assets,...
The cannabis industry is experiencing rapid growth, with global sales projected to reach $33.6 billion by 2025. However, managing a cannabis operation can be...
