Uncategorized

UK: New Report Warns Over ‘Bad’ Government Cryptocurrency Regulation

U.K. businesses and analysts have hit back at government plans to regulate cryptocurrencies and related technology, describing them as a “blunt instrument approach,”. Calls to step up the level of power the country’s finance […]

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Uncategorized

UK financial sector unites for Financial Sector Cyber Collaboration Centre

A number of large UK banks, securities exchanges and insurance firms are coming together to launch a new body to fight cybercrime, Financial Sector Cyber Collaboration Centre. It will be working with […]

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Uncategorized

Swiss bank UBS goes on trial in France over alleged tax-dodging scheme

The Swiss banking giant UBS goes on trial in Paris on Monday to face accusations it orchestrated a huge tax fraud scheme for wealthy French clients, with potential fines of billions of […]

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Uncategorized

Specialist financial crime unit to crack down on prison gangs

A new specialist unit will identify and freeze bank accounts linked to organised crime behind bars, Justice Secretary David Gauke announced today (3 October). In the latest measure to tackle the criminal […]

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Business news

What Weibo and Chinese media are saying about TikTok’s pending sale to US companies

Since United States’ President Donald Trump threatened to ban TikTok in the U.S. as long as the social media app remained in the hands of a Chinese company, the app’s parent company ByteDance has […]

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Financial crimes

UK FinTech Working Together to Combat Financial Crime

Since its launch in 2017, seventeen of the UK’s leading Financial Technology (FinTech) firms have agreed to join the UK FinTech Financial Crime Exchange (FFE). The Exchange, established by  FINTRAIL and RUSI enables firms to collaborate […]

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Business news / Financial crimes

Danske Bank mired in money laundering scandal

Danske Bank is headquartered in Copenhagen, Denmark. Founded in 1871, it is currently embroiled in the Nordic region’s biggest money laundering scandal. The Bank got distress signals from its branch operations in […]

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Business news

The elite of the country: Who is behind the creation of closed business clubs in Ukraine?

Personal acquaintances play one of the most critical roles in the business environment. Old and new connections allow an entrepreneur to efficiently maintain his business, enter new markets and develop different sectors. […]

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