Global terror financing watchdog, Financial Action Task Force (FATF) has underlined the potential threats where money can be misused in a rapidly digitalising world. FATF says money can be misused to support terrorism, hide illegal earnings, or fund activities that can harm global peace. It highlighted that to protect the world’s financial systems, FATF works with countries around the globe
FATF underlined its two reports published this year which extensively cover advanced methods including the manipulation of beneficial ownership information to mask the identities of sanctioned individuals and entities, the misuse of virtual assets and cryptocurrencies and leveraging maritime sectors and shipping industries to bypass international regulations.
The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency
More than half of wealth advisers in the United States surveyed by Bitwise say they’re more open to investing in cryptocurrency after Trump won the US election in November. Bitwise’s latest survey
Bangladesh on Tuesday signed a fresh agreement with the Netherlands to amend the existing double taxation avoidance and prevention of tax evasion agreement by making changes in some articles to widen
Press Release from Carey Olsen, Friday 4 April, 2025. Carey Olsen’s investment funds team in Guernsey, together with the Guernsey funds team of global investor services group IQ-EQ, have advised