Search result for money
ED takes Rs 3 crore in cash from Hemant Soren's MLA representative's assistant.
On Friday, the Enforcement Directorate (ED) is said to have taken around Rs 3 crore in cash from an assistant to an MLA agent for Hemant Soren The Enforcement Directorate (ED) supposedly took around Rs 3 crore in cash from the home of Heera Bhagat on Friday. Bhagat is a close friend of Pankaj Mis...
The United Arab Emirates has reaffirmed its commitment to combating money laundering and terrorist funding
According to the official WAM news agency, the UAE reiterated its strong commitment to combat money laundering and terror funding in "close collaboration with local and international partners" on Saturday.
"Our efforts to defend our security and economic development will ...
AUSTRALIA TO EXPAND ITS MONEY LAUNDERING PROBE INTO CASINOS
Highlights:
- Australia is going to expand its money laundering probe into the casinos
- The owners of the main casinos in the five biggest cities of Australia are now under a formal investigation
The government of Australia is going to ...
CHINESE INVESTORS ARE INVESTING MORE ON MMF SINCE MID-FEBRUARY
Highlights –
- Chinese investors are investing more on MMF since mid-February.
- China’s blue-chip index posted the worst monthly performance in March.
- The Hwabao WP Listed Money Market ETF saw its total units increase 21% to 1.77 b...
LG WILL OFFER SOFTWARE UPGRADES FOR ITS SMARTPHONES FOR 3 YEARS
Highlights –
- LG will offer software upgrades for its smartphones for 3 years.
- The company is set to depart from its mobile business after July 31.
- LG will further extend its latest mobile’s OS guarantee by one year.
- L...
SOUTH KOREA AMENDS FTRA; MAKES REGISTRATIONS WITH FIU MANDATORY
Highlights:
• The South Korean government wants to regulate the crypto domain
• The government is concerned about crypto being used for money laundering
South Koreans have b...
HONG KONG RETAIL INVESTORS BANNED FROM CRYPTO INVESTMENTS
Highlights:
- Hong Kong retail investors will no longer be able to invest in crypto
- This move is to strengthen the country’s anti-money laundering policy
Cryptocurrencies and crypto assets have earned a bad name for themselves due to peopl...
CHINA LOANS $1.5 BILLION TO PAKISTAN TO PAY THE MONEY IT OWES TO SAUDI ARABIA
Highlights –
- China loans $1.5 billion to Pakistan to pay the money it owes to Saudi Arabia.
- China has not provided the loan to Pakistan from its State Administration of Foreign Exchange.
- China and Pakistan have instead agreed to incre...
NETFLIX GIVES GREEN SIGNAL TO KOREAN VERSION OF MONEY HEIST
Highlights
• Netflix on Tuesday said that it has greenlit a 12-episode first season of an all-new Korean version of Money Heist, which is likely to go on floors in 2021
• This Korean Money Heist will be helmed by K-drama veteran Kim Hong-sun, while the story will be ...
JAPAN NPA REPORTS E-MONEY LAUNDERING CASES INCREASED IN 2019
Highlights –
- Japan NPA reports E-money laundering cases increased in 2019.
- Around 4,000 money laundering cases were suspected.
- E-money laundering cases were a total of 6,586 according to the NPA report.
- NTT Docomo Inc. said...
BSI BANKER WHO LAUNDERED MONEY, EARNED US$5 MILLION SECRETLY BANNED PROFESSIONALLY BY MAS
HIGHLIGHTS
- The Monetary Authority of Singapore (MAS) has given lifetime forbiddances orders against a previous financier for his part in the 1MDB scandal that saw him get US$5 million (S$6.8 million) as mystery benefits, said the officials
Mr. ...
FRAUDULENT E-MONEY WITHDRAWAL SCAMS CONTINUE TO HIT JAPAN
Highlights –
- Fraudulent e-money withdrawal scams continue to hit Japan.
- Five other service operators have reported the problem; besides NTT Docomo Inc.
- All the five firms found illicit withdrawals from accounts at Japan Post Bank Co....
NTT DOCOMO INC.’S ILLICIT MONEY WITHDRAWALS AMOUNT HAS INCREASED TO $240,000
Highlights –
- NTT Docomo Inc.’s illicit money withdrawals amount has increased to $240,000.
- The scam has led 35 banks across the country to suspend new registration for the e-money service.
- The telecom company said that around 1...
NTT DOCOMO REPORTS $113,000 TO BE STOLEN FROM BANK ACCOUNTS VIA ITS E-MONEY SERVICE
Highlights –
- NTT Docomo reports $113,000 to be stolen from bank accounts via its e-money service.
- On Wednesday, around 37 cases of improper withdrawals were reported at 10 banks.
- The company has currently stopped new registrations of...
FIRST ABU DHABI TO REINSTATE TALKS WITH BANK AUDI
HIGHLIGHTS
- First Abu Dhabi Bank (FAB) will regain halted talks in acquiring the Egyptian business of Lebanese Bank Audi in an arrangement assessed at around $700 million. FAB is UAE’s biggest asset lenders planning to take over.
FAB will ...
GERMANY: RECORD INCREASE IN MONEY LAUNDERING CASES
Highlights:
- The federal anti-money laundering unit of Germany has registered a record increase in the money laundering cases
- The cases of money laundering have increased almost 50% as compared to the previous year
On Tuesday, the fed...
UK GOVERNMENT EXCEEDED THEIR BORROWING CAPACITY
Highlights –
- The UK is under immense debt; more than its economy.
- The government has borrowed more than its limit.
- Current borrowing debt is over $24.08 trillion in total.
- The ONS mentioned that April's borrowing figure...
PHILIPPINES CENTRAL BANK DENIES RECEIVING ANY MONEY FROM WIRECARD
Highlights –
- Wirecard, German payment company under scandal.
- Wirecard seems to have been missing a sum of $2.1 billion.
- Philippines Central Bank denies allegations of being connected with the scandal.
- The Central Bank has n...
RESEARCHERS FEAR UK BORROWING VAST SUM OF MONEY MAY LEAD TO BUDGET DEFICIT
Highlights –
- UK government is borrowing quite a sum of money to save its economy from the pandemic.
- Market research experts say that continued borrowing may lead to a budget deficit.
- A deficit of around $161 billion to occur in five y...
‘MONEY HEIST' SEASON 4: ARRIVES AT PERFECT TIME
Timing of Money Heist season 4 couldn’t have been better as everyone is sitting in their homes and in search of something to watch. Season 4 premiered Friday on global online streaming platform Netflix.
The Spanish web series which already has a huge fan base across the globe, ...