HK police clamp down on laundering network responsible for moving nearly $30M in illicit profits; 29 arrested including ringleaders

Regulatory Watch News

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  Luxembourg issues public appeal for information on fugitive charged with investment fraud

  Europol

  November 18, 2024

  The Fugitive Active Search Team (FAST) of the Luxembourg Police has enlisted Europol's support to seek public assistance in locating one of its high-priority fugitives. The individual, whose profile is now featured on the EU Most Wanted website, is accused of defrauding investors of approximately EUR 5.4 million by falsely presenting himself as a successful businessman and lawyer.

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  Alleged Illegal Dealing in Mineral Resources: EFCC Docks Chinese Brothers, One Other in Enugu

  EFCC

  November 18, 2024

  The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Tuesday, November 12, 2024 arraigned two Chinese siblings: Wang Jian and Wang Richard before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu. The Chinese siblings were arraigned alongside Michael Berneth Agu, a Nigerian,  on a three count charge bordering on exporting of mineral ore without the permission of an  appropriate authority and possession of fifteen pieces of mineral ore without the permission of a lawful authority.

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  Delivering a well-functioning financial system, supporting a changing economy – Central Bank of Ireland hosts third annual Financial Systems Conference

  Central Bank of Ireland

  November 18, 2024

  The Central Bank of Ireland today (18 November) hosts the third annual Financial Systems Conference.  Building on the success of previous events, this year’s Conference theme is “Delivering a well-functioning financial system, supporting a changing economy”.  Attendees at the Conference include industry leaders, consumer representatives and policymakers from Ireland and across the EU. Speaking at the event, Governor of the Central Bank of Ireland Gabriel Makhlouf said: “In the face of a changing ecosystem, central banks, regulators, businesses and consumers all have to adapt, transform and evolve.