Introduction On 14th February 2024, the EU Council and Parliament found a provisional agreement on parts of the anti-money laundering package that aims to protect EU citizen...

• 26.03.2024
• 1 min read

FRC finalises updates to the UK Corporate Governance Code The FRC has issued the updated UK Corporate Governance Code (“the Code”) following a consultation last year as part of the ‘Restoring trust in audit and corpora...

• 26.03.2024
• 6 min read

Europe’s Largest Parking App Provider Informs Customers of Data Breach EasyPark says hackers stole European customer information, including partial IBAN or payment card numbers. EasyPark Group, Europe’s largest parking application...

• 26.03.2024
• 2 min read

Competition Commission fines Greek banks 41.7 million euros for concerted practices The Competition Commission late Thursday imposed fines totalling 41.7 million euros on five Greek banks, including four systemic ones, and the Hellenic Bank Ass...

• 26.03.2024
• 2 min read

Banks urged to accelerate loan restructurings Single supervisory mechanism flags credit risk as priority for 2024-2026 The governor of the Central Bank has shed light on the strategy for restructuring Non-P...

• 26.03.2024
• 1 min read

Regulator probes money laundering controls at Austria's Raiffeisen Feb 22 (Reuters) - Austria's financial regulator FMA has been investigating Raiffeisen Bank International over anti-money-laundering failures, the Austrian bank...

• 26.03.2024
• 1 min read

Anti-money laundering: Council and Parliament strike deal on stricter rules The Council and Parliament found a provisional agreement on parts of the anti-money laundering package that aims to protect EU citizens and the EU's financial s...

• 26.03.2024
• 8 min read

Office of Financial Sanctions Implementation (OFSI) uses disclosure power for first time The critical role that financial sanctions have played in the international coalition’s response to Russia’s invasion of Ukraine has further demonstrated what a...

• 31.10.2023
• 4 min read

ANALYSIS: The six key points banks need to know from today’s FinCEN, IRS advisory on tax evasion shell companies According to US agencies FinCEN and the IRS today (Tues), there are hundreds of millions of dollars lost every year to these types of schemes which mainly use U...

• 31.10.2023
• 5 min read

ESMA fines S&P €1.11 million for failures related to the premature release of credit ratings to the public The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has fined S&P Global Ratings Europe Limited (S&am...

• 31.10.2023
• 2 min read

ECB sanctions de Volksbank for miscalculating capital needs De Volksbank miscalculated risk-weighted assets for exposures to regional governments outside the European Union Breach occurred between 2014 and 2021. ECB imp...

• 31.10.2023
• 2 min read

Leading Ethically: Corporate Social Responsibility Courses for Senior Executives Synopsis Corporate social responsibility (CSR) has become crucial for organizations to succeed in today's business landscape. Senior executives play a key role ...

• 31.10.2023
• 7 min read