EU Tax Haven List Update: February 2025
The Council of the European Union updated its list of non-cooperative tax jurisdictions, retaining the same 11 nations previously identified. The update acknowledges cooperative efforts from some juri...
18 Helmi 20254min
Mauritius: Ex-PM Arrested in Money-Laundering Scandal; AML Focus
FinCrime Central reports the arrest of former Mauritius Prime Minister Pravind Jugnauth amidst a money-laundering scandal. The article details allegations of financial irregularities, police raids unc...
17 Helmi 202514min
Marine Re/Insurers, Shadow Fleets, and Sanctions: Navigating Regulatory Pressures
Increased scrutiny of shadow fleets is causing waves in marine re/insurance as regulatory bodies intensify sanction enforcement, particularly concerning Russian oil. Ship-to-ship oil transfers and opa...
17 Helmi 202514min
Largest Crypto Crimes in History
Discussing Amlcube.com 's recent document covering five of the most significant crypto crimes in history. The report highlights collapses at FTX, OneCoin, BitConnect, PlusToken and Thodex. FTX saw $8 ...
17 Helmi 20256min
AI-Driven Financial Crime: South African Banks' Compliance Response
South African financial institutions face a rising tide of financial crime enabled by artificial intelligence. Nearly 60% have observed an increase in these technologically advanced crimes, driving up...
17 Helmi 20259min
McKinsey on Risk: Strategic Resilience, Risk Management, and Digital Transformation
The collection of articles from McKinsey on Risk addresses institutional resilience in the face of global challenges. It emphasises strategic approaches to risk management, moving beyond traditional d...
16 Helmi 202529min
Crypto-Assets: Lending, Borrowing, Staking, DeFi Developments & Risks
Crypto lending, borrowing, and staking involve users transferring crypto-assets in exchange for collateral or future returns. This system, along with Decentralised Finance (DeFi), aims to replicate tr...
16 Helmi 202521min
ECB Clarification: ICAAPs, ILAAPs, and Package Submissions
This European Central Bank (ECB) document clarifies supervisory expectations for banks' Internal Capital Adequacy Assessment Processes (ICAAPs) and Internal Liquidity Adequacy Assessment Processes (IL...
15 Helmi 202522min
