OCCRP — Europol announced on Wednesday that, in cooperation with German authorities, Romanian police arrested 21 suspected members of a transnational network that smuggled Afghan migrants to Germany and France. Police made the arrests as they raided 19 addresses in Bucharest, Timișoara, and Timiş county…
Ireland has decided to sign up to a global deal that will push its corporate tax rate to 15%, marking a huge shift in its policy. The G-7 and G-20 nations agreed earlier this summer to join forces to tackle…
NatWest said “we deeply regret” failing to “adequately monitor and therefore prevent money laundering by one of our customers between 2012 and 2016”.
When the former prime minister of Thailand, Thaksin Shinawatra, received Montenegrin citizenship in return for investing millions of euros in 2010, the government declared that it would kick-start large-scale foreign investments in the Adriatic country’s tourism sector.
The United Kingdom has announced new Myanmar sanctions, saying it was targeting a key business associate of the military government for providing arms and financial support following a coup earlier this year.
JPMorgan Chase & Co. settled a longstanding French criminal investigation over allegations it helped clients commit tax fraud for 25 million euros ($29.6 million).
The United States has told financial institutions that they may process personal remittances here to Afghanistan, a Treasury Department spokesperson said on Thursday, a move taken in tandem with steps to ensure the continued flow of humanitarian aid.
The United States is taking steps to allow humanitarian work to continue in Afghanistan despite U.S. sanctions on the Taliban, which seized power 11 days ago.
Binance, the world’s largest cryptocurrency exchange, is “not capable” of being effectively supervised, according to the UK’s financial regulator.
Global fines for failures related to money laundering at banks and financial services firms were five times higher last year than in 2019 as regulators took a harder line over breaches.
