January 2024 - Page 11

The Finance Committee of Great Barrington has approved funding for a study to evaluate the potential acquisition of Housatonic Water Works (HWW). The town has hired DPC Engineering to conduct the study,

TLDR: Banking Regulator Increasing Focus on Money Laundering as Risks Rise The head of Canada’s banking regulator, Peter Routledge, has announced increased scrutiny of money laundering in the financial sector. He highlighted

TLDR: In UFC 297: Strickland vs. Du Plessis, bettors are favoring underdogs in four out of five fights. BetMGM data shows that Neil Magny, Arnold Allen, and other underdogs are receiving a

TLDR: In a recent article for Accounting Today, Adam Olsen discusses best practices for streamlining the external audit process. Olsen highlights the importance of starting preparations early, assessing controls and risks, verifying

TLDR: Bankers in Central and Eastern Europe (CEE) are hopeful for a new golden era in the region, fueled by record regional bank profits and strong capital ratios in Western Europe. However,

TLDR: – Fintech companies DailyPay and Digital Onboarding have both raised significant funding amounts in recent investment rounds. – The surge in funding for these companies, along with several other investment deals

The European Banking Authority (EBA) has extended its anti-money laundering (AML) guidelines to include digital asset firms. The EBA hopes to harmonize the approach to combat financial crime across the industry. The

TLDR: Iran’s tax authorities have banned the CEO and board members of an undisclosed bank from leaving the country. The bank failed to provide information about suspicious transactions, despite repeated warnings. Other

In a move to regulate the fintech industry, the Reserve Bank of India (RBI) has released a draft framework for fintechs to create self-regulatory organizations (SRO-FT) that will monitor fintech apps and

FUTURE FINTECH ALERT: Bragar Eagel & Squire, P.C. has announced the filing of a class action lawsuit against Future FinTech Group Inc. on behalf of investors who purchased or acquired the company’s