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Former Russian Deputy Defense Minister Sentenced to 19 Years in Major Corruption Case

In a significant development underscoring a widening...

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Australia's financial intelligence authority AUSTRAC confirmed that...

Chandni Nanda

EY Study: Global Companies Show Progress in Climate Disclosures but Lag in Linking Climate Impact to Financial Performance

Global companies are showing progress in climate disclosures, with improvements in both the number of businesses reporting on climate-related factors and the quality of...

Turkish Cryptocurrency Exchange Tomya, Sponsor of Hull City, Faces Fraud Scandal and Owner’s Arrest

The Turkish cryptocurrency exchange associated with the sponsorship of Hull City, Tomya, is embroiled in a major fraud scandal, leading to the arrest of...

Son of Russian Tycoon Dmitry Pumpyansky Wins Appeal Against EU Sanctions

Alexander Pumpyansky, son of Russian tycoon Dmitry Pumpyansky, has successfully appealed against European Union sanctions related to Russia's invasion of Ukraine, according to the...

HKMA Fines CA Indosuez HK$3.5M for AMLO Violations, Highlights Importance of Robust Controls

The Hong Kong Monetary Authority (HKMA) has concluded its investigation and disciplinary proceedings against CA Indosuez (Switzerland) SA, Hong Kong Branch (CAHK) under the...

Carbo Culture Raises $18M in Series A Funding for Biochar Carbon Removal Technology

Finnish-American climate solutions provider Carbo Culture has secured $18 million in a Series A funding round led by GenZero and True Ventures. The funds...

FCA Introduces Sustainable Investing Rules and Labels

The UK's Financial Conduct Authority (FCA) has introduced Sustainability Disclosure Requirements (SDR) for asset managers and investment labels. These measures, including an anti-greenwashing rule,...

Investors Sue Major Sports Entities Over FTX Crypto Exchange Collapse

Investors claiming an $11 billion loss in the FTX cryptocurrency exchange collapse are suing major sports entities, including Major League Baseball, Formula 1, and...

Citizenship and Residency Programs Exploited for Illicit Activities, Urgent Safeguards Needed, Says FATF-OECD Report

Citizenship and residency by investment programs are exploited by criminals and corrupt individuals for money laundering and illicit activities, according to a report by...

Deloitte and IBM Team Up to Boost Emissions Reduction Strategies: Integrating AI-Powered Solutions for Sustainable Transformation

Global professional services firm Deloitte and tech giant IBM have announced a new global collaboration to help organizations accelerate emissions reduction strategies and streamline...

EY and Aspen Technology Form Alliance to Drive Sustainability in Industrial and Energy Sectors

Professional services firm EY and industrial software provider Aspen Technology have formed a new alliance aimed at assisting clients in industrial and energy markets...

Bloomberg Unveils Tool to Evaluate Companies’ Impact on UN SDGs: Integrates UNEP FI Sector Impact Map for ESG Insights

Bloomberg has unveiled a new data mapping and materiality assessment tool to assist investors in evaluating a company's potential impact on any of the...

H&M Group Partners with DBS for Green Loan Program Advancing Fashion Decarbonization

Fashion and design brand company H&M Group has announced a green loan program in collaboration with Singapore-based financial services group DBS. This program aims...

EU Commits €4 Billion to Accelerate Decarbonization: Largest-Ever Call for Cleantech Manufacturing Projects Under EU Innovation Fund

The European Commission has announced a €4 billion investment for deploying innovative decarbonization technologies, emphasizing cleantech manufacturing projects. Financed through the EU Emissions Trading...

South-West Law Firm Ashfords Fined £101,357 by SRA Over Money Laundering Oversights in Property Transactions

A prominent law firm in the South-West has been fined £101,357 by the Solicitors Regulation Authority (SRA) for overlooking money laundering concerns in three...

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