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UK Commits £121 Million to Quantum Technology to Tackle Fraud and Financial Crime
In a bold move to cement its leadership in emerging technologies, the UK government has pledged £121 million to accelerate the...
Flexi Group
4 days ago2 min read
76 views
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CySEC Warns Against Unlicensed Investment Websites and Fines Streams Financial Services
The Cyprus Securities and Exchange Commission (CySEC) has this week issued a stark warning to investors concerning a number of...
Flexi Group
4 days ago2 min read
93 views
0 comments

UK Court Clears Extradition of Former Meinl Bank CEO Peter Weinzierl to U.S. on Money Laundering Charges
Peter Weinzierl, the former chief executive of Austrian lender Meinl Bank, can be extradited to the United States to face charges of...
Flexi Group
5 days ago2 min read
556 views
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Timor-Leste Enters Global iGaming Market with First Offshore License Granted to GRU
Timor-Leste has made its official debut in the international iGaming sector with the issuance of its inaugural offshore gaming license,...
Flexi Group
5 days ago2 min read
587 views
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Bessent Demands Aggressive Financial Crackdown on Iran Amid Renewed U.S. Sanctions Push
U.S. Treasury Secretary Scott Bessent has issued a forceful directive to the nation’s leading financial institutions, calling on them to...
Flexi Group
6 days ago3 min read
308 views
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Banks Flag $1.4 Billion in Suspicious Activity Amid Fentanyl Crisis, FinCEN Reports
Banks and other financial institutions in the United States flagged a staggering $1.4 billion in suspicious transactions in 2024, playing...
Flexi Group
6 days ago3 min read
606 views
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TD Bank Chair Calls Money Laundering Scandal the Institution’s "Darkest Day" as Leadership Faces Shareholders
TD Bank’s chair Alan MacGibbon described the bank’s admission of anti-money laundering failures as its “darkest day” during a tense...
Flexi Group
6 days ago2 min read
610 views
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UK Police Raid Hundreds of Shops in Nationwide Crackdown on Criminal Fronts
Hundreds of retail businesses across England and Wales have been raided by UK police in a sweeping operation aimed at dismantling...
Flexi Group
Apr 142 min read
592 views
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Block Inc. Fined $40 Million by New York for Lapses in Anti-Money Laundering Compliance
Block Inc., the parent company of Cash App, has been hit with a $40 million penalty by the New York Department of Financial Services...
Flexi Group
Apr 142 min read
584 views
0 comments

Rabobank Faces Court Over Alleged Lapses in Anti-Money Laundering Controls
Dutch financial giant Rabobank has announced that it has been unable to reach an out-of-court settlement with prosecutors in a case...
Flexi Group
Apr 112 min read
1,746 views
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DOJ Shuts Down Crypto Crime Unit as Trump Administration Moves to Ease Industry Regulations
The U.S. Department of Justice (DOJ) officially disbanded its cryptocurrency investigation division on Monday, a move that signals...
Flexi Group
Apr 112 min read
1,734 views
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FinCEN Flags $1.4 Billion in Fentanyl-Linked Transactions in 2024
Financial institutions in the United States reported over $1.4 billion in suspicious transactions tied to fentanyl activity in 2024,...
Flexi Group
Apr 102 min read
555 views
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BusinessEurope Warns EU That Pillar Two Could Harm Competitiveness Amid Shifting Global Tax Landscape
The European Commission has received a stark warning from BusinessEurope, the continent’s most prominent business lobby, cautioning that...
Flexi Group
Apr 102 min read
569 views
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Gang Jailed for £6.6m Money Laundering Scheme Exploiting Ukraine War
Two members of a criminal gang have been sentenced to a total of 13 years in prison after laundering millions of pounds by taking...
Flexi Group
Apr 92 min read
616 views
0 comments

Colmex Pro Pays €200,000 Settlement to CySEC Over Possible Investment Services Violations
The Cyprus Securities and Exchange Commission (CySEC) has reached a €200,000 settlement with Cyprus Investment Firm (CIF) Colmex Pro Ltd...
Flexi Group
Apr 92 min read
612 views
0 comments

UK and Irish Gambling Regulators Sign Agreement to Boost Cross-Border Cooperation
The British Gambling Commission (UKGC) and the newly established Gambling Regulatory Authority of Ireland (GRAI) have signed a memorandum...
Flexi Group
Apr 82 min read
588 views
0 comments

AUSTRAC Flags AML Failures in Australia’s Expanding Crypto ATM Sector
Australia’s financial intelligence unit, AUSTRAC, has raised concerns over potential anti-money laundering lapses in the country’s...
Flexi Group
Apr 82 min read
597 views
0 comments

Entain Accused of Ignoring Money Laundering Red Flags in Australia
British gambling giant Entain, the owner of Ladbrokes, is facing serious allegations in Australia over its failure to act on suspected...
Flexi Group
Apr 73 min read
711 views
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Edmond de Rothschild Europe Agrees to €25 Million Settlement Over 1MDB Scandal
Private banking group Edmond de Rothschild Europe has reached a €25 million agreement to settle criminal allegations stemming from its...
Flexi Group
Apr 72 min read
923 views
0 comments

New Zealand Moves Closer to Legalized iGaming by 2026
New Zealand is making significant progress toward establishing a regulated online casino market, with plans to introduce licensed iGaming...
Flexi Group
Apr 42 min read
1,193 views
0 comments
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