Kuwait's highest appeals court has handed down 10-year prison sentences to seven expatriates employed in foreign exchange offices for money laundering. The court also...
European Parliament and Council lawmakers have reached a provisional agreement to enhance the EU's Energy Performance of Buildings Directive (EPBD). The revisions aim to...
On December 10, 2023, commemorating the 75th anniversary of the Universal Declaration of Human Rights (UDHR), the Department of the Treasury reiterates its unwavering...
Binance, under the leadership of CEO Richard Teng, withdrew its license application in Abu Dhabi after just over two weeks. A company spokesperson stated...
In 2023, Kazakhstan's Financial Monitoring Agency (FMA) took action against nearly a thousand unregistered crypto exchanges catering to its citizens. The FMA, as reported...
The Gambling Regulatory Authority (GRA) has fined RWS S$2.25 million for failing to conduct customer due diligence checks as mandated by the Casino Control...
The Canadian Imperial Bank of Commerce (CIBC), headquartered in Toronto, Ontario, received an administrative monetary penalty of $1,329,150 on October 23, 2023, for two...
Microsoft and carbon removal startup Mombak have entered one of the largest-ever nature-based carbon removal agreements globally. Mombak will provide up to 1.5 million...
Napier, the London-based intelligent compliance technology company, has partnered with KYC Portal CLM (KYCP), a client lifecycle management platform, to offer financial institutions a...
The Hong Kong Securities and Futures Commission (SFC) has taken action against two suspected crypto scam websites, HongKongDAO and BitCuped. SFC Director of Enforcement...
The National Crime Agency (NCA) has issued an alert to financial institutions and other regulated entities in the UK, cautioning them about Russia's attempts...
Meta, the parent company of Facebook, is facing a $600 million lawsuit from the Information Media Association (AMI), representing 83 Spanish media outlets. The...
Fintech startup ZestMoney is closing down operations by December, leading to the layoff of its entire 150-member workforce. Despite attempts by the new leadership...
