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Former Malaysian Prime Minister Ismail Sabri Charged Over Undeclared Assets

Malaysia’s former Prime Minister Ismail Sabri Yaakob...

Liberia Charges Former Vice President in Transnational Drug Trafficking Investigation

Liberia has charged former Vice President Jewel...

Chandni Nanda

UK Reinsurance Brokers Tysers and H.W. Wood Resolve $2.8M Ecuador Bribery Case with $36M and $508,000 Penalties

UK-based reinsurance brokers, Tysers Insurance Brokers Limited (Tysers) and H.W. Wood Limited (H.W. Wood), have resolved Foreign Corrupt Practices Act (FCPA) investigations by the...

MAS Introduces Regulatory Framework for Stablecoins to Ensure Stability and Credibility in Singapore’s Digital Payment Landscape

The Monetary Authority of Singapore (MAS) has introduced a regulatory framework to enhance the stability of single-currency stablecoins. The framework applies to non-bank issuers...

India’s CFCFRMS Thwarts ₹600 Crore in Cyber Frauds, Earns Praise from FATF

India's innovative Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) has successfully intercepted over ₹600 crore, preventing it from reaching online fraudsters, according...

Germany, France, and Italy Unite for Binding AI Regulations Across EU: Emphasizing Trust, Security, and Inclusion of Small Providers

Germany, France, and Italy have reached an agreement on the regulation of artificial intelligence (AI) in the future, aiming for binding voluntary commitments for...

Former Albanian Health Minister Under Investigation: Ordered to Report Weekly and Restricted from International Travel Amid Corruption Probe

Albania's former health minister, Ilir Beqaj, under investigation for alleged corruption, has been instructed by prosecutors to regularly report to the police and is...

Hawaii Attorney General Proposes Comprehensive Plan for Recreational Marijuana Legalization, Balancing Industry Growth, Social Equity, and Public Health

In a significant move for recreational marijuana use in Hawaii, Attorney General Anne Lopez has proposed a comprehensive plan aimed at overcoming obstacles that...

New York Governor Hochul Signs Legislation Providing Tax Relief for NYC Marijuana Businesses, Addressing Federal Deduction Restrictions

New York Governor Kathy Hochul has signed legislation aimed at providing tax relief to marijuana businesses in New York City that face restrictions on...

Japan Takes Bold Step with New Law Allowing Medical Use of Cannabis-Derived Products, Prioritizing Patient Well-being while Maintaining Stringent Controls

In a groundbreaking development, Japan has recently enacted a law permitting medical products derived from cannabis, signaling a substantial advancement in its healthcare system....

Senator Elizabeth Warren Pushes for Stricter Cryptocurrency Regulations in Senate Committee Hearing Amid Rising Concerns of Financial Scams

In a Senate Banking Committee hearing on Nov. 16, Senator Elizabeth Warren raised concerns about cryptocurrencies being exploited for financial scams. She introduced legislation...

IOSCO Releases Key Policy Recommendations for Global Crypto Market Regulation

The International Organization of Securities Commissions (IOSCO) has unveiled long-awaited policy recommendations for the regulation of crypto and digital asset (CDA) markets. This milestone...

Indictments Issued in $500M Healthcare Fraud Scheme Orchestrated by Brian Michael Sutton

On November 7, 2023, additional individuals were indicted in a multi-million dollar health care fraud and money laundering scheme, allegedly orchestrated by Brian Michael...

South African National Assembly Approves Bill for Adult Possession and Cultivation of Marijuana, Clearing Path for Legal Reforms

South African lawmakers have approved a long-anticipated bill to legalize the possession and cultivation of marijuana by adults. The National Assembly passed the legislation,...

RBI Penalizes Axis Bank and Manappuram Finance: Imposes Fines for Non-Compliance with KYC and Loan Guidelines

On Thursday, the Reserve Bank of India (RBI) imposed a penalty of Rs 91 lakh on Axis Bank and Rs 43 lakh on gold...

Nigeria Withdraws $1.1 Billion Civil Claims Against Shell: Corruption Allegations in 2011 Oilfield Deal Settled

Shell has officially announced that Nigeria has withdrawn civil claims amounting to $1.1 billion against the company related to corruption allegations in a 2011...

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