The recent regulatory actions taken by Switzerland's Financial Market Supervisory Authority (FINMA) against Mirabaud & Cie, one of Switzerland's oldest and most esteemed private banking institutions, underline significant lapses in its anti-money laundering (AML) compliance
Times are changing in Scandinavia, where a high-trust society is being replaced by something different. As many transactions are now 100% digital, it’s something that all insurers should be aware of and deploy tools to spot potential fraud from quote to claim settlement. Here’s the word: A new sur
The Moldovan banking sector stands on the brink of a revolutionary transformation, marked by strategic partnerships and evolving regulatory frameworks. Among the most notable collaborations spearheading this change is the partnership between Victoriabank, one of Moldova's leading banks, and
As the digital financial landscape advances, the UK faces the pressing issue of maintaining cash accessibility amid the ongoing closure of bank branches and ATMs. The United Kingdom's Financial Conduct Authority (FCA) has stepped in with new regulations to tackle this challenge, set to take
Wells Fargo, one of the largest banks in the United States, has faced a series of regulatory scandals and compliance failures over the last several years. Since the 2016 fake accounts scandal, the bank has been under intense scrutiny from regulators and has struggled to rebuild its reputation and
The completion of the initial phase of FCMB Group Plc's capital raise has been met with commendations from the group’s CEO, Ladi Balogun. He took the opportunity to thank key financial regulators and the Nigerian Exchange Group (NGX Group) for their crucial support in the process. The capital r
