EU: Italy’s Bruna Szego picked as chair of EU’s Anti-Money Laundering Authority

BRUSSELS, 26th November, 2024 (WAM) — Italy’s Bruna Szego was chosen as the chair of the European Union’s new Anti-Money Laundering Authority (AMLA) on Monday following a three-hour hearing before the European Parliament’s Economy and Justice committees.

Szego secured a majority to defeat rival candidates Marcus Pleyer of Germany and Jan Reinder De Carpentier of the Netherlands.

Szego, the only woman in the race, founded and leads the anti-money laundering (AML) supervision and regulation unit at the Bank of Italy, having previously headed its regulation and macroprudential analysis directorate. She sits on the European Banking Authority’s anti-money laundering standing committee; one of her strengths is linking macroprudential and AML risks.

19 December 2024

CRYPTO: Crypto Pioneer Roger Ver (Bitcoin Jesus) Faces $48M Tax Showdown with the IRS

Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December

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20 January 2024

FINTECH: Crypto industry bats for tax reductions, regulatory tightening of offshore exchanges

Letters sent out to the finance ministry last month by Bharat Web3 Association and CoinDCX highlighted concerns over the 30 percent VDA tax burdening small Web3 and crypto businesses and the need for

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14 March 2024

Carey Olsen and Oakbridge advise Sullivan Street Partners on Wave Group investment

Press Release from Carey Olsen, Thursday 14 March, 2024.  Carey Olsen and Oakbridge have together assisted private equity investor Sullivan Street Partners with its development capital investment into

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5 June 2024

AFRICA: African countries reap highest-ever fiscal benefits from tax transparency

Launched today at the 15th Meeting of the Africa Initiative in Lomé, Togo, Tax Transparency in Africa 2024: Africa Initiative Progress Report shows African countries collected more fiscal revenue through

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