When Bank Tabungan Negara (BTN) was hit by an internal fraud scandal, it promptly launched a comprehensive investigation. The case involved employees SCP and ASW who misled customers with false loan interest rates. Their actions not only affected the customers but also threatened to tarnish the
In an ever-evolving financial landscape, the cryptocurrency market stands at a pivotal juncture, grappling with the rippling effects of regulatory updates and market movements. While some believe that the wave of regulation signals a maturing market ready to integrate into traditional finance,
In an era of rapid technological change, the international anti-money laundering (AML) system is striving to adapt to a new financial landscape. Money laundering represents a significant challenge to global security and stability. As such, understanding the effectiveness of the current AML system
The banking industry is entrenched in a challenging era where Anti-Money Laundering (AML) regulations are both a shield and a puzzle. Banks across Europe, the Middle East, and Africa are voicing collective concerns, exposed through a report that unravels their struggles with compliance and the
Is Pedro Sánchez's Scandal Shaking Spain's Government? Spain's political landscape is currently in turmoil, with Prime Minister Pedro Sánchez at the center of a corruption scandal involving his wife. This unfolding scandal promises to have profound implications for the government's stability and
Regulatory technology, known as regtech, is advancing swiftly, fueled largely by artificial intelligence (AI). As financial entities grapple with rising compliance costs, AI has come to the forefront as a solution to streamline and enhance regulatory management. The complexity of today's regulatory
