Compliance News, EU/Europe, Financial Services
Two British citizens have been charged in Denmark for their part in a tax fraud scheme that drained the Danish financial system by nearly €1.3 billion.
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MONEYVAL
MONEYVAL has officially launched its 6th round of mutual evaluation of Armenia. In this context, a high-level exchange was held, with the participation of the Governor of the Central Bank of the Republic of Armenia, the Chairman of the Interagency Committee on combating money laundering, terrorism financing and proliferation financing of Armenia (Interagency Committee) and the Chair of MONEYVAL, Mr Nicola MUCCIOLI. The intervenors stressed the importance of the assessment process and the commitment of the country’s authorities to its success.
European Public Prosecutor's Office
(Luxembourg, 22 November 2024) – At the request of the European Public Prosecutor’s Office (EPPO) in Sofia (Bulgaria), ten searches were carried out on Wednesday, in a probe into suspected subsidy fraud involving the restoration of a church, funded by the EU. During the searches, conducted in Burgas, Petrich, Rila and Sofia, documents and evidence were seized.
EFCC
The Korean Ambassador to Nigeria, Kim Pankyu, has commended the Economic and Financial Crimes Commission, EFCC, on its sustained efforts to stamp out economic and financial crimes and corruption in the country. He gave the commendation in Lagos on Thursday, November 21, 2024 when he led a delegation on a courtesy visit to the office of the acting Director of the Lagos Zonal Directorate of the EFCC, Michael T. Wetkas. Speaking during the brief meeting, Pankyu praised the EFCC for its tireless efforts in combating economic and financial crimes in the country and also pledged to support its activities.
