The Reserve Bank of India has proposed new KYC guidelines for Payment Aggregators (PAs), potentially impacting small businesses and solopreneurs. These guidelines mandate Contact...
The amendment aims to enhance the overall regulatory framework by strengthening compliance, improving risk assessment, and expanding accountability. To this end, compliance now encompasses...
Peter Murrell, former Scottish National Party Chief and spouse of ex-First Minister Nicola Sturgeon, faces charges related to a lengthy probe into the party’s...
The Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs), mandating U.S. title insurance companies to disclose the individuals behind shell...
Venezuela's government has initiated high-profile energy arrests in the wake of detaining a former oil minister amidst an investigation into the disappearance of significant...
This policy outlines BNM's updated requirements and guidance for implementing electronic Know-Your-Customer (e-KYC) solutions in the financial sector, covering both individuals and legal entities....
Two top energy officials in Venezuela were arrested, following the detention of a former oil minister, amid an investigation into significant revenue losses at...
Former Venezuelan oil minister Tareck El Aissami, once a close ally of Nicolás Maduro, has been arrested for his alleged involvement in an international...
The UK Gambling Commission has imposed a regulatory settlement of £582,120 on Bet365 for failures in anti-money laundering and social responsibility at its online...
Tax advisers and accounting firms faced fines totaling £98,870 for violating anti-money laundering (AML) regulations, with only one company contesting the penalty.
The latest HMRC...
Former South African Parliament Speaker Nosiviwe Mapisa-Nqakula faces charges of corruption and money laundering, totaling 12 counts and one count respectively.
She appeared in court...
On April 1, 2024, MAS unveiled COSMIC, a digital platform named "Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information & Cases," in collaboration with...
Fiji's former Prime Minister, Frank Bainimarama, and suspended police commissioner, Sitiveni Qiliho, are being sentenced at the Magistrates Court in Suva. Bainimarama, a former...
