10th September 2020
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with — and control of — a rapidly digitizing economy. Trials have been held this year… Read More
10th September 2020
Register-General Jemima Oware has announced the deployment of a new Central Beneficial Ownership Register for all companies operating in the country. “We will start with the extractive industry and other high risk sectors like banks and other financial institutions,” she noted. According to her, a lack of information about who… Read More
10th September 2020
Yesterday the government announced a support package was being established for travel agents, incentivising them to recover the money of cancelled overseas trips for New Zealand customers. Under the scheme, travel agencies will be paid 7.5 percent of the value of cash refunds and 5 percent of the value… Read More
10th September 2020
For two months, Bulgarians have packed the streets every night to protest that an oligarchic mafia has captured the state and extended its reach deep into institutions such as the judiciary, media and security services. They are demanding the resignations of Prime Minister Boyko Borissov and Chief Prosecutor Ivan… Read More
10th September 2020
Victoria’s gambling regulator is yet to report back to the state government on an “urgent” investigation into Crown Resort’s Melbourne casino more than a year after being ordered to examine its infiltration by organised crime. The Andrews government ordered the Victorian Commission for Gambling and Liquor Regulation probe after The… Read More
9th September 2020
A new agreement between the U.S. Treasury Department and officials in Delaware could lead to more aggressive enforcement of economic sanctions on nonfinancial companies, particularly those that may seek to hide transactions behind anonymous entities. The Treasury’s Office of Foreign Assets Control, which enforces U.S. sanctions, and the Delaware Department… Read More
9th September 2020
Thirty people were arrested Monday as police revealed they had cracked an allegedly massive graft plot involving hundreds of millions of shekels in tax evasion and money laundering. The scam involved the fraudulent takeover of hundreds of companies in the fuel sector that were then used to issue fake financial… Read More
9th September 2020
A scammer has used the Financial Market Authority (FMA) as a cover to steal from people making money transfers to China. A woman stranded in New Zealand during the first Covid-19 lockdown lost a significant amount of money after she tried to transfer funds from China to New Zealand for… Read More
8th September 2020
The family of a Belarusian businessman believed to have links to President Lukashenko have bought London property worth millions of pounds through a web of offshore companies, The Times can reveal. Vladimir Peftiev, one of Belarus’s richest men and the former head of an arms company, has appeared in television… Read More
8th September 2020
Border officials have found more than £1 million hidden inside two lorries trying to leave the UK. The money was found concealed inside the refrigerated motor housing of both vehicles at Dover’s Eastern Docks on Friday. The National Crime Agency (NCA) said Border Force officers stopped the first… Read More