A survey conducted by PwC reveals that nearly half of financial institutions are encountering difficulties in recruiting staff who are...

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has updated an alert originally issued in February, cautioning...

The European Commission has notified X, formerly known as Twitter, that it may be the first company found in violation of the European...

Nordea’s entanglement with Danish prosecutors could leave the Finnish bank with a $1 billion headache, it’s predicted. Prosecutors last...

It’s been a trying time for staff at firms with redundancies, affecting morale as layoffs mount amid an effort to silence dissent in the...

The UK tax agency, HM Revenue and Customs (HMRC), has lost a case at the First-Tier Tribunal against the software company Get Onbord Ltd...

Artur Schaback, the co-founder and former CTO of the crypto peer-to-peer network Paxful, is facing charges for violating the anti-money...

Australian real estate agents have expressed concerns that the introduction of new anti-money laundering (AML) controls in their sector...

A subsidiary of BNP Paribas has been fined €3 million by Luxembourg’s financial regulator, the CSSF (Commission de Surveillance du...

Former Toronto Raptors player Jontay Porter turned himself in to federal authorities on Wednesday, July 10, and pled guilty to a...

Sorenson Communications has agreed to pay $34.6 million and implement a comprehensive compliance program to settle allegations from the...

Italy’s Ministry of Economy and Finance has issued a decree to implement global minimum taxation in accordance with the OECD’s pillar two...

The Dutch Financial Intelligence Unit (FIU-Nederland) has criticized the decision by the country’s main banks to wind down their AML...

Germany’s initiative to establish a new AML super agency, the Federal Office for Combating Financial Crime (BBF), has encountered a...

PepsiCo's victory in its legal dispute with the Australian Taxation Office (ATO) is seen as a significant win for taxpayer certainty,...

TD Bank’s Chief Compliance Officer, Monica Kowal, has left the bank, as revealed in an internal memo, while the Canadian lender faces...

Following the Labour Party's overwhelming victory in the UK general election on July 4, tax experts are advocating for the reintroduction...

Five members of an alleged Chinese criminal network, reportedly capable of smuggling over €1 million daily, have been arrested in Spain....

The U.K. Labour Party is set to return to power after a historic landslide election victory over the ruling Conservatives. In the early...

José Raúl Mulino, Panama’s new president, has denounced the Panama Papers as “an international hoax” after a Panamanian court acquitted...