Singapore’s CSP Act 2024: Raising the Bar for Compliance and Corporate Service Oversight
On 9 June 2025, Singapore introduced one of its most significant regulatory changes in recent years: the Corporate Service Providers Act 2024 (CSP Act)...
Global Banks Abandoning SMEs in 2025: The De-Risking Dilemma and Its Far-Reaching Impacts
In 2025, small and medium-sized enterprises (SMEs) worldwide are facing a significant challenge as major banks gradually withdraw their services. This process, known as...
Swiss Parliament Greens Light Weakened AML Reforms Despite Risks, Focusing Only on High-Risk Consulting
Swiss financial watchdogs have highlighted that the limited scope of the new AML reforms will require stricter oversight of the high-risk consulting segment to...
Former Georgian Defense Minister Arrested on Corruption and Money Laundering Charges Amid Ongoing Crackdown
In a significant development on September 11, 2025, the State Security Service of Georgia (SSSG) announced the arrest of former Defense Minister Juansher Burchuladze...
Swiss Parliament Pushes to Dilute Money Laundering Rules Amid Fears of Losing Edge in Global Wealth Management
Swiss lawmakers are pressing to soften draft regulations meant to counter money laundering, citing concerns that overly strict rules could put Switzerland at a...
