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The settlement of Jeffrey Epstein's sex trafficking complaint will cost Deutsche Bank $75 million
Deutsche Bank agreed to pay $75 million to settle a class-action lawsuit filed by Jeffrey Epstein sexual assault victims. After finding...
May 19, 20232 min read


The Registrar has been given permission to evaluate sanctioned companies
On Friday morning, Registrar of Companies Irini Mylona announced that her office has been given permission to begin with the...
May 19, 20231 min read


Litecoin rises 20% as bitcoin alternatives attract investors
After a meme-token frenzy drove up expenses on the largest blockchain, a digital token launched 12 years ago as a more...
May 18, 20232 min read


Indian tax authorities are attempting to tax Netflix for PE
According to a preliminary order, the streaming corporation has a permanent establishment in India, but one lawyer believes the...
May 18, 20232 min read


An study reveals that High Court judges invested in tax avoidance schemes
Judges in England and Wales have been shown to have stakes in notorious tax evasion schemes, raising worries about judicial conflicts of...
May 17, 20232 min read


The European Union has approved the world's first comprehensive crypto laws
On Tuesday, European Union member states approved the world's first complete set of laws to regulate cryptoassets, putting pressure on...
May 17, 20231 min read


US DOJ enforcer predicts crypto enabling crackdowns and "pig butchering."
The US cryptocurrency enforcement director stated that the US was increasing its inspection of cryptocurrency exchanges in order to...
May 16, 20232 min read


Why are US regional banks doomed to fail?
Banking authorities have been pushed by market volatility in recent weeks to do things they didn't want to do, such as allowing the...
May 16, 20233 min read


As the Chinese economy slows, banks are attempting to shore up slashed interest margins by lowering
Squeezed by high funding costs and Beijing's pressure to relieve business borrowers' financial burdens by making inexpensive loans,...
May 15, 20234 min read


The OECD is concerned that developing nations may suffer in the digital tax race
The OECD warns the G7 and central bank governors that developing nations may lose pillar two tax revenues if they are not supported by...
May 15, 20232 min read


Singapore approves groundbreaking "Cosmic" fincrime data
SINGAPORE'S PARLIAMENT has approved the city-state's new AML sharing database, dubbed 'Cosmic.' The consolidated digital platform is...
May 12, 20233 min read


France targets multinational corporations for tax avoidance
The French government will target the wealthy and multinational corporations, and the largest corporations will be audited every two...
May 12, 20231 min read


Beginning of a long crypto journey for HMRC is the DeFi consultation
According to experts, HMRC's proposed crypto-asset DeFi law is a fine place to start, but more work is required to create a comprehensive...
May 11, 20234 min read


Crypto companies demand worldwide consensus over a "fire hose" of regulations
A conference was informed on Wednesday that a "fire hose" of various regulatory approaches to cryptoassets lack the international...
May 11, 20232 min read


Sports betting regulations could be implemented in Brazil this week
After years of anticipation and an intentional stymie by former President Jair Bolsonaro, Brazil may finally witness the implementation...
May 10, 20232 min read


EU sanctions on Chinese firms helping Russia's war machine
According to the Financial Times, the European Union has recommended penalties against Chinese companies accused of exporting equipment...
May 10, 20231 min read


Goldman Sachs has agreed to pay $215 million to settle a gender discrimination claim
A long-running class action lawsuit accused a Wall Street bank of discriminating against women. Goldman Sachs has agreed to pay $215...
May 9, 20232 min read


Cryptocurrency regulation is a priority for New York
Attorney General Letitia James's Friday bill would make New York the first state to comprehensively regulate bitcoin. In a press release,...
May 9, 20232 min read


Russia's energy sector suffers as the Kremlin is compelled to raise taxes
Putin hikes charges on oil and gas companies in response to the G7's price cap on Russian petroleum. According to officials from the...
May 8, 20233 min read


The medium-term outlook for the world economy and financial risks
In its Spring World Economic Outlook, published last month, the International Monetary Fund offers an assessment of the global economy...
May 8, 20235 min read
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