Financial regulation

The National Bank of Romania (BNR) notes that the public interest in virtual currencies (also called crypto-assets) is on a steady upward trend and cautions that, in its opinion, these remain highly volatile and extremely risky speculative assets that are highly likely to cause financial loss to the investors, BNR said in a statement on Thursday.

Few experts see North Macedonia's new Register of Ultimate Beneficial Owners as a silver bullet in an uphill fight against corruption, money laundering and tax evasion.

The Minister of Justice, Stelian Ion, on Friday, on the occasion of the presentation of DIICOT's (Directorate for Investigating Organised Crime and Terrorism) activity report for 2020, that criminal groups "must be hit where hurts them the most, where the money is." "We must work to block the flow of money and then to recover the damage and the proceeds of crime because criminal groups must be

Ljubljana – Responding to the EU Court of Justice ordering Slovenia pay a fine for failing to transpose changes to the EU directive on markets in financial instruments in due time, the Finance Ministry said the delay had not affected private and public interests. It added that the European Commission had been informed about the transposition.

Her commitment to human rights then led her to Front Line Defenders, an organisation she herself founded in 2001 and played a key role in as executive director for 15 years.

In May this year Lawlor, now 68, continued her professional path in the field, becoming the UN's Special Rapporteur on the situation of human rights defenders, HRDs.

Federation entity Prime Minister fadil Novalic and other others are accused of conspiring to "abuse office, accept rewards for trading influence, money laundering and document fraud" in connection with the purchase of overpriced ventilators from Chine.

Some hedge funds that bet against a series of Greek and Italian companies are nursing losses after the European Union's breakthrough plan for a 750 billion euro (£673 billion) recovery fund sent stock markets surging across southern Europe.

Cyprus says it is introducing tougher anti-money laundering checks in its "golden passports" program, under which it gives citizenship to foreigners who invest large sums in the east Mediterranean country.

 Eleven people, aged between 25 and 52, have been arrested as members of a money laundering gang in the city of Kalamata in southern Greece, police said Wednesday. The arrests took place on Tuesday. 

A plan to boost European Union powers to curb the flow of dirty money through banks faced resistance at an EU meeting from member states recently hit by major money-laundering and financial fraud scandals, three officials told Reuters.