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Jimmy Lai Sentenced to 20 Years Under Hong Kong’s National Security Law

Hong Kong media entrepreneur and pro-democracy advocate...

Former Chinese Justice Minister Sentenced to Life for $20 Million Bribery Scheme

Court finds Tang Yijun abused high office...

The philosophical puzzle of rational artificial intelligence

To what extent can an artificial system...

Chandni Nanda

Shipping Industry Sets Sail for a Greener Future with Wind-Powered Berge Olympus

Berge Bulk, a dry bulk ship owner, has introduced its 210,000 Metric Tons Deadweight vessel, Berge Olympus, equipped with four BARTech WindWings from Yara...

Malaysian Airline Co-Founder Arrested Over Money Laundering Concerns: MYAirline’s Sudden Suspension Sparks Investigation

On October 17th, Malaysian authorities arrested the co-founder of a domestic airline, along with his wife and son, under the Anti-Money Laundering, Anti-Terrorism Financing,...

Calgary Crypto Scams Surge 60% in 2023, Highlighting Risks in Unregulated Market

Calgary, Alberta, witnessed a 60% surge in reported crypto scams in 2023, with citizens losing $22.5 million, compared to $14 million in 2022, according...

New York Cannabis Control Board Makes Key Decisions to Enhance Adult-Use Cannabis Program

The New York Cannabis Control Board (CCB) has made several key decisions during its October 17 meeting regarding the state's adult-use cannabis program: Application...

US Faces Criticism for Not Extending UN Sanctions on Iran’s Missile and Drone Activities

The UN embargo on Iran's missile and drone activities expired on October 18, which is seen by some as a significant development. The US...

UK and EU Maintain Sanctions on Iran in Response to Nuclear Escalation

On October 18, 2023, known as 'Transition Day' within the Joint Comprehensive Plan of Action (JCPoA), specific restrictions on Iran's nuclear and missile programs...

Singapore Regulator Plans On-Site Inspection of Credit Suisse Amid Money Laundering Scandal

The Monetary Authority of Singapore (MAS) is planning to conduct an on-site inspection of a local unit of Credit Suisse to assess its handling...

North America Sees 44% Surge in Organized Identity Fraud: AU10TIX’s Q2 2023 Report Reveals Alarming Trends

Organized identity fraud is on the rise in North America, as reported by AU10TIX, an identity verification and management company. Their 'Q2 2023 Global...

First Abu Dhabi Bank Successfully Completes Blockchain Cross-Border Transaction Pilot with JPMorgan’s Onyx

First Abu Dhabi Bank (FAB), the largest commercial bank in the United Arab Emirates (UAE), has completed a pilot using blockchain technology for cross-border...

EU Council Updates Tax Jurisdiction List: Antigua and Barbuda, Belize, Seychelles In; British Virgin Islands, Costa Rica, Marshall Islands Out

Today, the EU Council made changes to its list of non-cooperative tax jurisdictions. Antigua and Barbuda, Belize, and Seychelles were added to the list,...

PwC India and Workiva Collaborate to Elevate Reporting and Governance in India

PwC India has partnered with Workiva, a cloud platform for integrated reporting, to address the growing demand in India for accurate and transparent disclosures...

Federal Reserve Bank Report Highlights Economic Gains and Social Costs of Marijuana Legalization

States that legalize adult-use marijuana experience both economic gains and increased social costs, according to a recent report from the Kansas City branch of...

California Governor Signs Suite of Cannabis and Drug-Related Bills into Law

California Governor Gavin Newsom has signed several cannabis and drug-related bills into law, addressing various aspects of the state's marijuana policies. Some of the...

Important Update: Amendment to Master Direction on KYC Regulations

A communication from the Reserve Bank of India to the Chairpersons/CEOs of all Regulated Entities concerns an amendment to the Master Direction (MD) on...

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