Canada is facing a significant economic dilemma. The country must decide whether to address transnational organized crime and money laundering to avoid 25% tariffs threatened by the United States. This decision could have profound economic consequences, potentially leading to a downturn similar to
Canada's anti-money laundering agency, FINTRAC, has come under scrutiny for its perceived lack of seriousness in addressing money laundering activities within the real estate sector. The focus has been on the recent efforts, or the lack thereof, to penalize real estate firms involved in money
As of 2025, digital asset policy stands at a crossroads, with the European Union (EU) and the United States (US) charting markedly different courses. The significance of these policy decisions is magnified by broader global economic challenges, such as pressures on the US dollar's global
In an era where climate concerns are intensifying and regulatory bodies are ramping up their efforts, the European Banking Authority (EBA) has introduced new guidelines for banks within the European Union. These measures are aimed at ensuring firms transition smoothly towards the EU's climate
In a significant development in the investigation of a Rs 220 crore bank fraud involving Sharon Biomedicine Limited (SBML), the Enforcement Directorate (ED) has intensively seized immovable assets worth Rs 79.78 crore. This seizure, which took place on January 24, included flats, plots, hotels, and
The article delves into the serious allegations against Sterling Bank Limited and its holding company, Sterling Financial Holdings Company, by Nigerian authorities. The Nigeria Police Force has charged these entities with money laundering, fraudulent deductions, and other financial malpractices.
