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German authorities nix 1,400 websites used for cybertrading fraud
October 14th, 2025
German investigators and banking watchdog BaFin have shut down over 1,400 illegal domains in Eastern Europe that were involved in cybertrading fraud, officials said in a joint statement on Monday. Dubbed Operation Heracles, the probe was conducted by Baden ...
ICPTE announced upcoming Live Online CPD Seminars
October 14th, 2025
The Institute of Continuous Professional Training and Education (ICPTE), a brand owned by G.P. Global Ltd, announced the presentation of four Live Online CPD Seminars that are suitable to professionals pursuing CPDs for the renewal of CySEC Basic, Advance and ...
EU Supervisory Authorities warn consumers of risks and limited protection for certain crypto-assets and providers
October 14th, 2025
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) issued a warning to consumers, reminding that crypto-assets can be risky and that legal protection, if any, may be limited depending on which crypto-assets they invest in. This ...
CySEC released educational video on crypto-assets
October 14th, 2025
As part of a joint campaign with other European supervisory authorities, the Cyprus Securities and Exchange Commission (CySEC), the independent public supervisory Authority responsible for the supervision of the investment services market in Cyprus, has released an educational video ...
ECB presents findings from digital euro innovation platform and announces second round of experimentation
October 14th, 2025
Experimentation with almost 70 market participants highlights digital euro’s potential to foster innovation and financial inclusion ECB to launch second round of experimentation through platform next year to maximise innovation potential Conditional payments identified as possible key driver of ...
EPPO indicts 36 suspects and five companies for €24.3 million VAT fraud involving organised crime
October 14th, 2025
The European Public Prosecutor’s Office (EPPO) in Madrid (Spain) has indicted 36 individuals and five companies, accused of forming a criminal organisation responsible for a €24.3 million VAT fraud scheme involving the trade of mobile phones and other electronic ...
More businesses opened than dissolved in the EU in 2023
October 14th, 2025
In 2023, there were over 33 million enterprises in the EU. While 3.5 million new enterprises were born that year, 2.8 million enterprise deaths were registered, based on the preliminary enterprise death data. The enterprise birth rate was 10.5%, ...
European stocks near two-week low on trade worries
October 14th, 2025
European stocks dipped on Tuesday on renewed worries about a U.S.-China trade war and as Michelin’s shares slid to a more than two-year low after the French tyre maker cut its annual forecast. The pan-European STOXX 600 index, opens ...
NatWest fined £264.8 million for anti-money laundering failures
December 14th, 2021
The Financial Conduct Authority (FCA), the conduct regulator in UK for around financial services firms and financial markets, has issued an announcement to inform that National Westminster Bank Plc (NatWest) was fined £264,772,619.95 following convictions for three offences of ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
