ARCHIVE October2018
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 […]
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 […]
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 […]
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 […]
UPDATE
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 […]
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 […]
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 […]
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. […]
The Most Read
Crypto Scam: Formula One Team Sponsorer Vanishes After Lying for a Year
Bitcoin and Altcoins Trading Near Make-or-Break Levels
Thieves targeted crypto execs and threatened their families in wide-ranging scheme
Visa Warning: Hackers Ramp Up Card Stealing Attacks At Gas Stations