Compliance

The Central Bank of Kenya (CBK) is facing a legal problem in complying with the law requiring staggered replacements as it prepares for the exit of four board members next month amid late changes at the Monetary Policy Committee (MPC).…

The Blockchain Association, a lobby group focused on cryptocurrencies, announced that cryptocurrency companies spent about $426 million fighting lawsuits filed by the US Securities and Exchange Commission (SEC) under its chairman,…

By aligning it with the tax reporting rule on cryptocurrencies enacted by the European Union (EU), the Netherlands has revealed its intention to implement tax control rules on cryptocurrencies. The Dutch government, a member of the…

With just over three weeks to go until the Budget, the Government's plan to recruit 5,000 new compliance officers into HMRC has been welcomed by leading audit, tax and business consultancy Blick Rothenberg. However, the company…

Companies House has implemented a new sanctions regime aimed at improving compliance and transparency at the UK companies register, with a focus on cracking down on abuse and economic crime. Registered companies are urged to…

Local banks are expected to fully comply this month with the requirement to share details of foreign accounts with the Kenya Revenue Authority (KRA), in order to transfer them to the relevant jurisdictions after the deadline of August 31,…

In recent years, the use of electronic invoicing among businesses has increased significantly. With more and more governments now mandating the use of electronic invoicing, it is more important than ever for businesses to switch to…

Navigating the murky waters of DeFi, compliance plays a crucial role as new regulations emerge. DeFi projects, propelled by innovation, now face the pressing need to align with these sweeping legislative demands.…

The world's largest cryptocurrency exchange, Binance, has announced a rather ambitious plan. It plans to hire 1,000 new employees this year, Many of these initiatives will be implemented through efforts to enhance compliance…

(Reuters) - Customers Bancorp (NYSE:CBM) on Friday named industry veteran Allen Love as its chief compliance and anti-money laundering officer. The announcement comes a day after the US Federal Reserve imposed enforcement action on the…