Monaco, a small yet powerful financial hub, has been continually working to enhance its regulatory framework against money laundering and terrorism financing. A positive report published by the Council of Europe regarding Monaco's efforts has shone a spotlight on this remarkable progress. Titled
California's $5-billion cannabis industry was designed to be a regulated market aimed at protecting public health. However, the widespread issue of illegal pesticide use has exposed significant regulatory failures. This problem is particularly evident in Santa Cruz County, where cannabis farmers
Upbit, South Korea’s most prominent cryptocurrency exchange, is currently grappling with a significant regulatory challenge that may result in a six-month suspension due to alleged violations of Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This issue, raised by South
The financial industry is currently grappling with a significant and unprecedented challenge: the rapid advancement of deepfake fraud technology. With the swift evolution of AI capabilities, fraudsters are now able to create hyper-realistic fabricated images, videos, and audio, bypassing
Elder fraud has become an increasingly pressing issue across the United States, with over 101,000 Americans aged 60-plus being defrauded of $3.4 billion nationwide last year alone. In Maine, 397 reported cases accounted for a loss exceeding $7.1 million. With many fraud incidents going unreported,
RegTech Revolution: Lowering Compliance Costs and Enhancing Risk Management The innovative field of Regulatory Technology (RegTech) is transforming compliance and risk management for businesses, particularly in highly regulated industries. By leveraging sophisticated technologies such as artificial
