All Articles

The US Treasury announced on Wednesday that it has imposed sanctions on six Palestinian aid organisations operating in Gaza, accusing them of forming part of a “covert support network” for Hamas through its armed wing, the Qassam Brigades. The organisations named in the announcement are Waed Society, Al-Nur, Qawafil, Al-Falah, Merciful Hands and Al-Salameh. In its statement, the Treasury said it was acting through its Office of Foreign Assets Control, noting that “Treasury’s

The National Treasury of South Africa is preparing to introduce a new tax targeting online gambling, a move that would see gambling operators pay an additional 20% on the revenue they generate from online betting activities. As part of the consultation process, the Treasury has extended the deadline for public submissions on the proposal, shifting it from 30 January to 27 February 2026 to allow for broader engagement and feedback. The department has described the proposed lev

On the 9th of January, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has informed four money transfer companies that they are under federal investigation for alleged fraud, part of a broader crackdown on abuses of social benefits in Minnesota, Treasury Secretary Scott Bessent announced Friday. Speaking at a virtual news conference, Bessent also revealed that several banks in the state involved in money transfer operations are being audited by th

In its latest Anti-Money Laundering and Counter-Terrorist Financing Supervision Report for 2024–25, HM Treasury delivers an expansive evaluation of the UK’s financial defenses against illicit activity, covering the work of 25 supervisory bodies and detailing wide-reaching structural reforms. The document highlights the government’s intention to overhaul the existing supervisory landscape by assigning the Financial Conduct Authority sole responsibility for overseeing professio