top of page
All Articles


Australian Pension Funds Freeze Contracts with PwC Australia Following Tax Leaks Scandal
Several major Australian pension funds, representing over A$750 billion in savings, have decided to freeze contracts with PwC Australia...
Jun 13, 20232 min read


Qatargate: Unveiling a Cash-for-Influence Scandal Shaking the European Union
In December of last year, Belgian police conducted a raid on top political figures in a scandal known as Qatargate, which exposed a web...
Jun 12, 20233 min read


Authorities Conduct Raids on French Banks in Tax Fraud Investigation
French prosecutors have confirmed that raids were carried out on Tuesday at the Paris offices of five banks as part of ongoing...
Jun 12, 20232 min read


AstroBank Launches Program to Support First-Time Homebuyers with Frozen Base Interest Rate
AstroBank, a Cypriot lender, has unveiled a new initiative aimed at assisting vulnerable borrowers by freezing the base interest rate for...
Jun 9, 20232 min read


World Bank Upgrades Outlook for Russian Economy on Strong Energy Exports
In its half-yearly report on the world economy, the World Bank has made a significant upgrade to the outlook for the Russian economy. The...
Jun 8, 20231 min read


Greece's Growth Forecasted at 2.2% in 2023, Emphasizing Fiscal Discipline for Investment Stage
The Organization for Economic Co-operation and Development (OECD) has released a report on Greece, highlighting the importance of fiscal...
Jun 8, 20233 min read


SEC Dismisses Cases Due to Widespread Improper Staff Access to Restricted Records
The Securities and Exchange Commission (SEC) has dismissed proceedings in 42 enforcement cases after discovering that improper staff...
Jun 7, 20232 min read


Taboos are being broken by banks in relation to high-risk bonds
Investors who reaped profits from high-risk bonds created after the financial crisis are now confronting a changing landscape where they...
Jun 7, 20232 min read


PwC Australia reveals identities of all 67 employees implicated in tax scandal
PwC Australia has complied with the request of the Australian Senate and provided the names of all individuals involved in the tax leak...
Jun 6, 20232 min read


Court Approves Extradition of Austrian Bank Chief to US for Money Laundering Conspiracy Charge
Peter Weinzierl, the former chief executive of Meinl Bank (later renamed Anglo Austrian AAB Bank), has been approved for extradition to...
Jun 6, 20231 min read


Hong Kong raises $6bn from green bond offering, advancing sustainable financing hub ambitions
Hong Kong has successfully raised US$6 billion in its largest green bond issuance to date, as part of its efforts to establish the city...
Jun 2, 20232 min read


Shein hiring AML & Compliance exec amid US expansion
Fast-fashion retailer Shein is bolstering its senior leadership team as it prepares to launch its U.S. marketplace. In line with its...
Jun 2, 20232 min read


ING introduces an Article 9 fund
ING, a prominent financial institution, has recently unveiled its fifth impact fund, the SDG Impact Fund, which is specifically designed...
Jun 2, 20232 min read


Challenges in Regulating Artificial Intelligence
Top European and American officials met in Luleå, Sweden, to discuss tech and trade and address the challenges of regulating artificial...
Jun 1, 20232 min read


Growing Numbers of Investors from MENA Region Choose Greece and Cyprus for Golden Visa Residency
Leptos Estates has seen a significant increase in home sales and inquiries in Greece and Cyprus from individuals in the Middle East and...
Jun 1, 20232 min read


Gartner will pay $2.5 million to settle allegations of FCPA violations in South Africa
Gartner agreed to pay almost $2.5 million as part of a settlement with the Securities and Exchange Commission (SEC) regarding suspected...
May 31, 20232 min read


33 people are arrested as a result of an Italian-led investigation to combat money laundering
33 people were detained by authorities in Italy and Spain as part of an international operation against a criminal organization engaged...
May 31, 20232 min read


Kinahan Cartel sanctioned when it became nexus between organized crime and Iranian-backed terrorists
John O'Driscoll, intelligence chief, has identified an "important nexus" between funding for organized crime and terrorism, noting that...
May 30, 20233 min read


PwC suspends nine partners in the wake of the Australian tax scandal
In an effort to control the tax leak scandal rocking its Australian business, PwC terminated nine partners and promised to publish the...
May 30, 20232 min read


Former Hong Kong stock market boss helping Macau connect global investors to mainland China's SMEs
Zhou Yingqun, a 28-year-old native of Hunan who has spent more than ten years working in the beauty salon industry, never imagined that...
May 29, 20234 min read
bottom of page
