top of page
All Articles
Europol-Led Operation Dismantles Multi-Million Euro Cannabis Investment Fraud Scheme 'JuicyFields'
In a sweeping operation spanning eleven countries, law enforcement agencies collaborated to dismantle a sophisticated investment fraud...
Apr 17, 20242 min read
Combatting Passport Card Fraud: In-depth Analysis of Red Flags for Financial Institutions
U.S. authorities have taken a significant step in addressing the use of counterfeit Passport Cards for identity theft and fraud schemes...
Apr 16, 20243 min read
New Global Ethical Standards for Tax Advisers Launched by International Ethics Board
The International Ethics Standards Board for Accountants (IESBA) has introduced a comprehensive set of global ethical standards for tax...
Apr 16, 20242 min read
A recent meeting held by the Financial Action Task Force (FATF) at the United Nations Office on Drugs and Crime (UNODC) in Vienna
A recent meeting held by the Financial Action Task Force (FATF) at the United Nations Office on Drugs and Crime (UNODC) in Vienna...
Apr 15, 20242 min read
A prominent Vietnamese property firm, Van Thinh Phat Holdings Group, and its chairwoman, Truong My Lan, have been implicated in what is being described as Vietnam's largest-ever financial fraud
Following a month-long trial, Lan was sentenced to death on Thursday along with numerous other defendants found guilty of participating...
Apr 15, 20242 min read
Navigating the Evolving Landscape of ESG: Insights from Industry Experts
At a recent conference held in Washington, D.C., industry experts delved into the increasingly significant role of environmental, social,...
Apr 12, 20243 min read
KPMG Netherlands has agreed to pay a record-breaking $25 million penalty imposed by the U.S. Public Company Accounting Oversight Board (PCAOB)
KPMG Netherlands has agreed to pay a record-breaking $25 million penalty imposed by the U.S. Public Company Accounting Oversight Board...
Apr 12, 20242 min read
Grant Thornton UK Faces £40,000 Penalty for Audit Oversight Lapses
Grant Thornton UK finds itself in the regulatory spotlight as the Financial Reporting Council (FRC) imposes a penalty of £40,000, citing...
Apr 11, 20241 min read
IRS Proposes Detailed Regulations for 1% Stock Repurchase Excise Tax
The US Treasury Department and the Internal Revenue Service (IRS) have unveiled a set of proposed regulations aimed at providing...
Apr 11, 20242 min read
US Treasury Warns of Growing Terrorist Use of Virtual Currencies, Calls for Congressional Action
The US Treasury Department has expressed concerns about the potential increase in the use of virtual currencies and digital assets by...
Apr 10, 20242 min read
CFPB Sounds Alarm on Money Laundering Through Video Game Currency Conversions
The United States Consumer Financial Protection Bureau (CFPB) has issued a stark warning regarding the alarming rise of money laundering...
Apr 10, 20242 min read
US Treasury Secretary Yellen Initiates Anti-Money Laundering Partnership with China
US Treasury Secretary Janet Yellen unveiled an ambitious joint initiative with Chinese Vice Premier He Lifeng during her visit to China...
Apr 9, 20242 min read
UK Gambling Commission Fines Bet365 Over Anti-Money Laundering and Social Responsibility Failures
The UK Gambling Commission has imposed a hefty fine of £582,120 ($734,926) on Bet365, a prominent sports betting and online gaming...
Apr 9, 20242 min read
Commission President Ursula von der Leyen is under intense scrutiny once again
Commission President Ursula von der Leyen is under intense scrutiny once again, facing accusations of favoritism and cronyism following...
Apr 8, 20242 min read
A historical analysis of the iGaming industry
The history of the iGaming market spans three decades of innovation and transformation, marked by key milestones that have shaped its...
Apr 8, 20242 min read
Swiss Private Bank Scandal: Board Member Accused of Multi-Million Dollar Money Laundering Scheme
A board member at a Swiss private bank faced accusations of money laundering today after authorities flagged deposits he made to the...
Apr 5, 20242 min read
CFTC Imposes Fine on Australian Swap Dealer ANZ for Supervision Failures in Spoofing Surveillance
The Commodity Futures Trading Commission (CFTC) has imposed a penalty of $500,000 on an Australian swap dealer for admitted supervision...
Apr 4, 20242 min read
Alternative fund managers are expecting an increase in fines for regulatory violations
A recent study conducted by Ocorian, a leading provider of fund administration and fiduciary services, has shed light on the growing...
Apr 4, 20242 min read
South Africa's FSCA Approves 59 Licenses for Crypto Businesses Amid Regulatory Push
South Africa's Financial Sector Conduct Authority (FSCA) has taken a significant step forward in the regulation of cryptocurrency...
Apr 3, 20241 min read
Exploring Tax Strategies of Australian Equity Partners: Insights from the 'Big Four' Accounting Firms
Australian equity partners at the prominent 'big four' accounting firms have been found to extensively employ income splitting tactics,...
Apr 3, 20242 min read
bottom of page