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Some EU nations remove public beneficial ownership records after ECJ judgement
The aftermath of Tuesday's major ruling by the Court of Justice of the European Union over public beneficial ownership databases has...
Nov 25, 20222 min read


How the United States forced Huawei to leave Europe
The world's largest telecom company in China is scaling back its operations in Europe, displacing its seasoned Western lobbyists, and...
Nov 24, 202212 min read


Unit of Goldman Sachs fined $4 million for ESG investment mistakes
In order to resolve allegations that it did not adhere to its own policies and procedures with regard to three investment products that...
Nov 24, 20222 min read


Credit Suisse anticipates a loss of $1.6 billion as rich customers withdraw assets
Bank lost approximately $89 billion during the fourth quarter, including 10% of wealth management assets. Credit Suisse has projected a...
Nov 24, 20223 min read


KPMG has been barred from auditing in Abu Dhabi as it selects a new regional leader
Emilio Pera was appointed Lower Gulf CEO of a Big Four corporation after months of divisional turmoil. KPMG is unable to gain new audit...
Nov 23, 20222 min read


Interpol Arrest Warrant issued Isabel Dos Santos, an Angolan Billionaire
According to sources, Isabel dos Santos, a billionaire from Angola, has been the subject of an Interpol arrest warrant. Dos Santos, the...
Nov 23, 20223 min read


Hungary only freezes €3,000 worth of Russian assets- Belgium, Luxembourg, and Italy lead the way
When it comes to freezing Russian assets, some EU countries are moving faster than others. According to recent data, Belgium leads the...
Nov 23, 20222 min read


Poland declines to issue Russian officials visas to attend the OSCE meeting on December 1-2.
For the purpose of attending an OSCE (Organisation for Security and Co-operation in Europe) summit scheduled to take place in the Polish...
Nov 22, 20222 min read


Ex-BP trader's failed whistleblower petition to raise reporting bar in the U.K.
The decision by a U.K. employment tribunal that a former BP employee was not entitled to whistleblower protection has shed light on the...
Nov 22, 20223 min read


CEO of FTX blames ex-girlfriend for the demise and loss of $32BN
CEO Sam Bankman-Fried of the beleaguered cryptocurrency exchange FTX has laid the failure of the business at the feet of his...
Nov 18, 20221 min read


Genesis Trading, a crypto broker, suspends withdrawals from the lending unit
Genesis Trading has stopped accepting withdrawals at its loan division, blaming the "unprecedented market turmoil" brought on by Sam...
Nov 17, 20223 min read


The demise of FTX should spur efforts to regulate cryptocurrency
The bankruptcy and fall of the digital asset exchange FTX provides stark examples of why regulations that are in place for traditional...
Nov 16, 20224 min read


Goldman Sachs spent over $12.5 million (€11.5 million) to settle sexist workplace allegations
A top executive at Goldman Sachs earned almost $12 million (€11.5 million) from her former employer due to charges of sexism in the...
Nov 16, 20221 min read


Germany completes building its first LNG import facility
The completion of the project in just 200 days alleviates fears of a gas shortage caused by a reduction in Russian supplies. Germany has...
Nov 16, 20223 min read


China would see a 145% increase in money laundering charges in 2022
The number of individuals punished in China for money laundering has increased by 142.5% since 2021. According to data issued by the...
Nov 15, 20221 min read


How North Korea developed into a leader in crypto-cyber crime
Axie Infinity, developed by a Vietnamese gaming studio, allows users to breed, trade, and battle cartoon monsters similar to Pokémon in...
Nov 14, 202210 min read


The Bahamas regulator has frozen FTX assets as the crypto exchange battles for survival
Investors describe Sam Bankman-frenzied Fried's race to secure up to $8 billion to save his company. The Bahamas securities commission...
Nov 11, 20223 min read


Famous Burgundy château was bought in money laundering plot
A Ukrainian fraudster is on trial in France for allegedly purchasing a gorgeous château in the heart of Burgundy wine country with...
Nov 10, 20222 min read


Spain Introduces a New Visa and Reduces Taxes for Foreign Startups and Digital Nomads
The Spanish Parliament has adopted the new law for start-ups and digital nomads, which limits who is qualified for this visa and foresees...
Nov 9, 20222 min read


Accountants in Cyprus leave PwC to keep clients with ties to Russia
To accept business from clients with Russian ties which the Big Four accounting firms are no longer considering, a group of PwC partners...
Nov 8, 20223 min read
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