Swedbank acquires PayEx
May 11th, 2017
Swedbank AB, a Nordic-Baltic banking group based in Stockholm, Sweden, has issued a press release to announce the acquisition of PayEx, a fullservice payment provider in the Nordic region. Through the acquisition Swedbank enters a new market and add ...
Forex firm shut down for fraud, CEO jailed, but now open again and seeks investments
May 11th, 2017
MMA Forex which duped hundreds out of millions of dirhams seeks investments all over again as CEO returns after more than 3 years in jail Nearly five years after it was shut down and its Pakistani CEO subsequently convicted ...
COMPLIANCE OFFICER & ANTI MONEY LAUNDERING OFFICER
May 9th, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, ...
Junior Compliance Officer
May 8th, 2017
Junior Compliance Officer Reference Number: JCO1017 The position: We are looking for a passionate and self-motivated Junior Compliance Officer to join our Compliance team. The main responsibilities of the position include: Assisting in the development of the internal AML/CFT ...
Beware of unauthorised providers of financial services
May 8th, 2017
The financial regulatory authorities of UK (Financial Conduct Authority – FCA) and Honk Kong (Securities and Futures Commission – SFC) have issued warnings to inform investors and public about unauthorized providers of financial services. According FCA’s warning, the Authority believes ...
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
IPoker withdraws from Poland over new regulatory regime
May 4th, 2017
The mass exodus of gambling entities leaving the Polish market increased this week, after a post on the Gambling Portal Webmasters Association (GWPA) confirmed that all skins on the iPoker Network would cease offering a product from 24 April. ...
EUR 230 million worth of fake food and beverages seized in global operation; case by country
April 27th, 2017
Operation OPSON VI, the joint Europol-INTERPOL operation targeting counterfeit and substandard food and drink, as well as the organised crime networks behind this illicit trade, has resulted in the seizure of 9 800 tonnes, over 26.4 million litres, and ...
HMRC raids two popular football clubs in UK in tax fraud allegations; Reports for arrests
April 27th, 2017
HMRC officials went to St James’ Park, where Newcastle have been celebrating a move back up to the Premiership, and also to the former Olympic stadium which is now home to the Hammers. There have been reports that the ...
Gulf states are spending billions to attract tourists
April 24th, 2017
Gulf states are spending billions of dollars creating ambitious strategies to attract visitors as tourism becomes a stronger plank of their economies. This week’s Arabian Travel Market in Dubai will show the changing face of the industry as entertainment ...
