COGNICURRENT

The 89th Banking Convention organized by the Association of Banks of Mexico ended positively, with financial authorities addressing various issues and fostering dialogue with legislators regarding the banking sector's operations.

The article discusses the importance of being mindful of the withholding tax when closing the financial year in Poland.

Evelyn Liivamägi, Deputy Secretary General of the Ministry of Finance, expresses growing concerns about the fight against money laundering in a recent interview.

President Lee has advised that individuals voluntarily repay loans used inappropriately for home purchases before facing criminal charges.

India will implement new income tax rules starting April 1, 2026, replacing the outdated regulations from 1961.

The Central Bank of Argentina has restricted banks to distributing only 60% of their profits for the year 2025 to shareholders, maintaining prior regulations.

The Premier League is set to amend its new financial rules to give clubs more flexibility after unanimous backing from member clubs.

US federal regulators are planning to reduce capital requirements for big banks, a significant shift in banking regulations since the 2008 financial crisis, potentially benefiting major financial institutions.

Milena Apostolaki raises concerns about new banking charges and the consequent profits banks are reaping at the expense of citizens' savings.

The VRK may require members R. Žemaitaitis and D. Petkevičienė to return funds they received for car rentals if a proposal is approved, as they allegedly invaded financial accounting laws.

Chelsea is set to pay Roman Abramovich a significant amount after the Premier League's recent sanctions related to financial misconduct.

President Yoon has warned against using loans meant for business purposes to invest in real estate, stating that such actions could lead to criminal charges.

This article discusses the limitations of using foreign financial operators like PayPal and Revolut to evade scrutiny from Italy's tax authority, the Agenzia delle Entrate.

The Latvian government is transferring the oversight of the lottery and gambling sectors to the State Revenue Service to enhance efficiency in tax and financial regulation.

Britain's largest car park operator, National Car Parks (NCP), has gone bankrupt, raising concerns among drivers about parking fine regulations as financial struggles deepen due to reduced demand post-COVID.

Children and young adults who have sacrificed education and employment to care for sick family members can receive financial assistance of up to 2 million won under new regulations by the Ministry of Health and Welfare in South Korea.

Chelsea Football Club has been fined a record $20.2 million for historic violations of financial regulations, including a one-year transfer ban for its first team and a nine-month ban on academy transfers.

Chelsea has been fined a record 11.6 million euros and banned from signing players for a year due to financial rule breaches while under Roman Abramovich.

Chelsea has been fined a record £10.75 million for breaching Premier League financial reporting rules and has received a one-year transfer ban with a two-year suspension.

Chelsea Football Club has been fined a record £10.75 million ($14.28 million) by the Premier League for breaching financial reporting rules and regulations.

Bithumb, South Korea's second-largest cryptocurrency exchange, was fined 36.8 billion won for violating anti-money laundering regulations in approximately 6.65 million instances.

UniCredit has launched a voluntary public exchange offer for Commerzbank shares to increase its stake above 30%, aiming to stabilize its position without seeking full control.

Gwangju's private kindergartens were found using operating funds improperly, including purchasing air conditioners for personal homes and violating dual-employment regulations.

New regulations in Canada cap non-sufficient funds (NSF) fees at $10, aimed at alleviating financial burdens on low-income individuals.

California is facing a significant financial loss of 160 million dollars tied to the licenses of thousands of migrants amidst a federal-state dispute about commercial driver’s licenses.

In February, household loans from the financial sector rose by 2.9 trillion won, continuing a two-month upward trend despite ongoing real estate loan regulations.

The recent amendment to the corporate law mandates that listed companies in South Korea must extinguish their treasury stocks within specified time frames, but some companies are allegedly finding loopholes to avoid compliance.

UEFA has warned that the Premier League's new Squad Cost Ratio rules could distort the transfer market and undermine financial stability across European football.

Savers in the UK are being urged to act before the deadline approaching on April 5 to maximize their ISA allowance and avoid unnecessary taxation due to confused regulations.

China's legislative agenda includes new laws to support its financial superpower ambitions and amend existing financial regulations.

Argentina's ARCA outlines the limits on transferring funds between personal accounts for March 2026, with specific requirements for individuals and legal entities.

The article discusses the necessary considerations and deadlines for filing tax returns in relation to employment and additional income sources in Czechia.

Przemysław Czarnek addressed the issues of unemployment and energy pricing during a PiS convention in Kraków, advocating for a departure from EU energy regulations.

Bithumb, South Korea’s second-largest cryptocurrency exchange, has received advance notice from financial authorities regarding a six-month partial suspension of operations due to violations related to anti-money laundering obligations.

Taxpayers under Poland's CIT system must file and pay their 2025 tax return by March 31, navigating complex regulations related to minimal tax and property taxes.

The National Bank of Poland (NBP) is considering unconventional methods to finance military spending through gold reserves amidst ongoing speculation about its initiatives.

Financial institutions in Brazil are starting to offer credit and installment options through the Pix payment system, but experts express concern over unclear regulations and the potential risks to consumers.

The Banco de Brasília (BRB) faces significant risks following significant investments into the collapsed Banco Master, with suspicions of irregularities surrounding those investments.

The New York Stock Exchange has been fined $9 million by the SEC for a technical outage incident that occurred in January 2023.

A Latvian court has suspended the operations of the political party 'New Harmony' for one month due to failure to comply with financial regulations and lack of required reporting.

Proposed new regulations in Poland allow the creation of birth rooms in hospitals located over 25 kilometers from the nearest obstetric-gynecological ward, but interest from hospitals is very limited due to organizational and financial concerns.

The BRB (Bank of Brasília) will publish its financial results for 2025 only after completing a capital injection to cover losses from loans purchased from Banco Master, as part of a strategy to maintain confidence in the bank.

Individuals received bans from business operations following large transfers of money to themselves and associated entities.

The Nigerian Federal Government has banned cash tax collection and the use of roadblocks for tax enforcement as part of new regulations aimed at improving tax practices.

The Financial Supervisory Service of South Korea is initiating field inspections on lending companies to prevent the illegal extension of expired debts during debt collection processes.

Karol Nawrocki's electoral committee was fined for violating GDPR regulations by disclosing personal data.

The president of the No Committee, Enrico Grosso, insists that they will not disclose the names of their financial backers, citing privacy regulations.

The automotive group Stellantis suffered a historic loss of 22.3 billion euros last year, primarily due to write-downs related to their electric vehicle strategy, forcing them to reconsider their approach.

South Korea's Financial Services Commission plans to extend loan regulations to include speculative one-homeowners and commercial rental operators, amid efforts to curb real estate speculation.

From March 1st, the UTS app will be discontinued, and travelers must use the new RailOne app for ticketing on Indian Railways.