South Africa is preparing to strengthen oversight of gambling conducted through mobile phones and digital networks, with government ministers examining regulatory gaps, consumer protection measures and advertising restrictions amid growing concerns about gambling addiction and financial harm. South Africa's government is considering additional measures to regulate gambling activities accessed through mobile phones, as authorities face increasing pressure to address the soci

Morgan Stanley has reaffirmed its positive outlook for Greece’s banking sector, identifying Alpha Bank as one of its preferred European mid-cap banking stocks and describing the recent decline in bank shares as a potential buying opportunity. In its latest assessment, the investment bank attributed the recent pressure on European banking shares primarily to deteriorating sentiment in government bond markets and profit-taking, rather than a fundamental deterioration in banks’

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), has set revised deadlines for Deutsche Bank AG to address deficiencies in the data-processing systems used to monitor transactions and business relationships for potential money laundering and terrorist financing. The measure was issued on September 15, 2026, became final on October 6 and was publicly announced on October 9. It updates earlier supervisory orders issued in April 2021 and Novemb

Oleg Korniev, a 42-year-old dual citizen of Ukraine and Russia, has pleaded guilty in the United States to leading an international money laundering organisation that helped cybercriminals move funds stolen from American businesses and bank accounts overseas. The organisation, known as Your Mule Cashout (YMCO), recruited more than 15,000 US-based money mules and laundered at least $7 million in criminal proceeds, according to court documents. The network was linked to losses