Gibraltar’s Exit from FATF Grey List: Impact on Offshore Gambling The Gibraltar’s triumph as it sheds its FATF grey list status, signalling a transformative era for offshore gambling. Gibraltar, renowned as an offshore gambling hub, has achieved a monumental milestone that promises to reshape its financial landscape. After being lifted from the Financial Action Task […]
Europe’s Bold Move: Strengthening Anti-Money Laundering Framework in the Crypto Sphere In a significant development for the finance and crypto industry, the European Banking Authority (EBA) is set to extend its anti-money laundering (AML) and terrorist financing guidelines to encompass crypto-asset service providers (CASPs). Slated to take effect from December 30, 2024, this expansion marks […]
The Philippines faces a crucial year in financial oversight. The country is on a mission to be removed from the FATF grey list, tackling key financial challenges. Imagine a Philippines free from the constraints of increased financial scrutiny. Discover the steps the Philippines is taking to address FATF’s concerns and safeguard its financial sector. The […]
In a step to curb gambling addiction, the Armenian government is vigorously implementing a cash ban for online betting activities. Following directives from the National Assembly, agencies have been instructed to set into motion rules that permit the topping up of online gambling accounts exclusively with cards issued by nationally licensed banks. This strategic move […]