Money laundering is an illegal process that makes large amounts of money generated from criminal activities, such as drug trafficking or terrorism financing, appear to be legitimate proceeds. Money from criminal activity is considered dirty, and this proc

The Monetary Authority of Singapore (MAS) today launched COSMIC, a money laundering and terrorism financing information sharing platform, the first centralized digital platform designed to facilitate the sharing of customer information among financial ins

The Cyprus Securities and Exchange Commission (CySEC) has outlined its regulatory priorities for 2024, with plans to strengthen regulation of companies engaged in cross-border activities to reduce the risk of complex financial products such as contracts f

Following the blocking of five websites that provide financial services without authorization on March 25, the Italian Financial Services Supervisory Authority (CONSOB) has once again taken action against fraudulent financial services and has ordered the