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$300,000 in client funds compromised by DraftKings hack
Paul Liberman, co-founder and president of global technology and product for DraftKings, has confirmed in a statement that a large-scale...
Nov 23, 20222 min read


Greece projects a 1.8% growth rate in the budget for 2023
Greece presented its 2023 budget to Parliament, which estimates for growth to slow to 1.8% from an anticipated 5.6% this year. The budget...
Nov 22, 20222 min read


Discord was fined $830k for GDPR infractions
The French data protection authorities fined Discord 800,000 euros (about $829,000) for several violations of the General Data Protection...
Nov 22, 20222 min read


Prison term of more than 11 years forElizabeth Holmes of Theranos
Elizabeth Holmes was given a prison term of more than 11 years. Elizabeth Holmes, the founder of Theranos, was found guilty of fraud...
Nov 21, 20222 min read


UK authorities believe that professional enablers still funnel Russian illicit money
The head of the National Crime Agency (NCA) stated that professional enablers, such as lawyers, accountants, and real estate agents,...
Nov 21, 20222 min read


FINRA will review broker-dealer crypto communications
The Financial Industry Regulatory Authority (FINRA) announced an inspection sweep of broker-dealers' and their affiliates' retail...
Nov 21, 20222 min read


KSA: Investigation on illegal affiliate sites targeting self-excluded players
According to a report from the Dutch Gambling Authority (KSA), affiliate marketing websites that prey on vulnerable customers are subject...
Nov 18, 20222 min read


Amid disruptions to the global supply system, TP policies take center stage.
According to TP experts, COVID and war have brought to light how unprepared businesses are to handle unforeseen geopolitical shocks....
Nov 18, 20225 min read


Police discover probable crimes involving cooperative loans
In addition to cases involving dubious loan write-offs, police have found several cases in which possible criminal offenses may have been...
Nov 18, 20222 min read


IAPR audits for unreported Airbnb income... and steep fines
IAPR is stepping up its efforts to "combing" short-term rental income as the company's turnover for 2022 will approach 1.9 billion euros,...
Nov 18, 20222 min read


The Adler Group's accounts contain "further accounting errors," according to BaFin
The regulator has already found inconsistencies with the real estate investment firm twice. According to BaFin, Adler Real Estate AG...
Nov 18, 20221 min read


The proposed TP legislation in Brazil clarifies intangibles
According to a source familiar with the situation, Brazil's draft transfer pricing legislation will place a significant focus on...
Nov 17, 20222 min read


According to US Treasury, the FinTech sector needs "additional oversight" to protect consumers.
In order to "close gaps, prevent abuses, and protect consumers," the FinTech sector needs "additional oversight," according to a recent...
Nov 17, 20221 min read


Large fines and admissions drive a record-breaking SEC enforcement year.
In fiscal year 2022, the Securities and Exchange Commission (SEC) received more than $6.4 billion in enforcement fines, fees, and...
Nov 17, 20224 min read


Google will settle with states over location monitoring for a record-breaking $391.5M.
According to an agreement the corporation reached with a coalition of 40 state attorneys general, Google agreed to pay $391.5 million to...
Nov 16, 20222 min read


ASBIS invests €800K in a Cypriot biotech to fuel expansion and develop collagen health products
Promed Bioscience is one of the most promising biotechnology businesses in Cyprus at present. They manufacture collagen-based...
Nov 16, 20222 min read


Ireland establishes a regulator and prohibits daytime advertising and free bets
As a result of the government's approval of a new Gambling Regulation Bill, a number of gambling reform measures will be implemented in...
Nov 16, 20223 min read


The CJEU Fiat ruling paves the way for state assistance conflicts with Apple and Amazon
According to tax experts, the decision should reassure multinational corporations, but it is not the final word on state aid. According...
Nov 15, 20226 min read


Pressure to hold Big Tech and Telecos accountable for not doing enough to stop financial crime
In Britain, there is increasing pressure for the Big Tech platforms and telecoms firms to face a new corporate criminal offence for...
Nov 15, 20222 min read


Ex-chief information officer of Mylan indicted for insider trading scheme
The former chief information officer (CIO) of the pharmaceutical business Mylan was charged with insider trading for, among other things,...
Nov 15, 20222 min read
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