Payment Networks, Another Red Flag in the T-MEC
The article discusses Mexico's potential compliance issues regarding the financial services chapter of the T-MEC trade agreement with the US.
With the start of income declaration, news from VMI: announces what overpayments can be refunded
Lithuanian residents must declare their income by May 4, 2026, with various specific criteria for who is required to do so.
On the first day, one-fifth of income declarations submitted
On the first day of income declaration submissions in Latvia, the electronic filing system experienced minor slowdowns, but overall performance was stable.
Justice determines seizure of BRB shares held by those involved in the Master case
The Brazilian Justice has ordered the blocking of shares of the BRB bank held by individuals implicated in the Master case involving fraudulent transactions.
Vorcaro will be heard in Senate committee next Tuesday and in person, says Renan Calheiros
Daniel Vorcaro, owner of Banco Master, will testify in person before the Senate's Economic Affairs Committee next Tuesday as part of a significant investigation into financial fraud.
Compliance: an indispensable condition to operate in Mexico
The article discusses how compliance has become critical for business operations in Mexico due to increasing regulatory scrutiny and past crises.
Senate Commission will decide on Tuesday regarding Vorcaro's testimony, says Renan
The Senate's Economic Affairs Committee in Brazil will decide on Tuesday about the testimony request from Daniel Vorcaro, head of Banco Master, amid a significant financial fraud investigation.
Swedish Financial Supervisor to Investigate Swedbank's Compliance with Money Laundering Prevention Requirements
The Swedish Financial Supervisory Authority has announced an investigation into Swedbank's compliance with regulations aimed at preventing money laundering.
Federal Character Commission Seeks Improved Funding
The Federal Character Commission in Nigeria is advocating for increased financial support to effectively enforce compliance across Ministries, Departments, and Agencies (MDAs).
FRC, firms sign agreement for AI-powered sustainability reporting platform
The Financial Reporting Council of Nigeria has signed a landmark agreement to create an AI-powered National Digital Platform for sustainability reporting.
Central Bank decrees liquidation of Banco Pleno, which was part of Master
The Central Bank of Brazil has announced the judicial liquidation of Banco Pleno S.A., extending the same status to its affiliated company, Pleno Distribuidora, due to compliance and management issues.
Hydrocarbon schemes open a gap of more than 300 million in Moncloa's energy fund to comply with Europe
Spain's energy sector faces a significant financial shortfall, with over 300 million euros missing from Moncloa's energy fund due to miscalculations and the impact of rising hydrocarbon operators.
Prevention of money laundering: this is the deadline for companies to qualify their compliance officer
Companies required by law to register a Compliance Officer have 20 days from notification to meet compliance criteria.
The deficit will be higher than expected. Preparing the next budget will be even more difficult, warned the budget council
The Czech Republic's budget for 2023 is set to have a deficit of 310 billion crowns, which raises concerns about compliance with legal limits as it is discussed in the legislature.
Creche costing nearly R$ 6 million has construction suspended in Cabo Frio and is undergoing audit
Construction of a preschool in Cabo Frio, Brazil, halted since 2024, is now under audit for technical and financial compliance issues.
Understand the Federal Police investigations in the Banco Master case
The Federal Police of Brazil is investigating Banco Master and its alleged involvement in serious financial crimes including fraud and money laundering.
What the IMF visit to Argentina consists of
A technical delegation from the IMF has arrived in Buenos Aires to review Argentina's national public accounts under a $20 billion agreement, assessing compliance with financial targets.
South Africa: 70,000 Grant Payments Suspended in Crackdown
SASSA has suspended 70,000 social grant payments for non-compliance as part of a stringent review process involving various governmental and financial institutions.
Qualco Technology: The Qualco ProximaPlus platform receives Sharia compliance certification
Qualco Technology has strengthened its international presence by achieving Sharia compliance certification for its Qualco ProximaPlus platform from the International Islamic Trade Finance Corporation (ITFC), allowing it to support banks and financial institutions in the MENA region.
PF investigates Fictor for suspected financial crime
The Federal Police is investigating the financial holding Fictor for suspected financial crimes, as part of an operation that started in November 2025, connected to the Compliance Zero case.
Which contracts require the finance officer's counter-signature?
A municipal audit reveals issues with non-compliant contracts under 10,000 PLN due to missing counter-signatures, raising questions about the finance officer's judgment on legal requirements.
Tax Audit - How to Prepare for It
The article discusses how to effectively prepare for a tax audit, highlighting its role in verifying taxpayers' compliance with their obligations.