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Current Affairs

current affairsUnder the current affairs section Regtech Times delivers newly received or noteworthy information, especially about recent events in the domain of Regulatory Technologies (Regtech). From the Anti Money Laundering to GDPR and from Corruption to Crypto currencies, this section captures all current affairs such as penalties, provisions, amendments and prohibitions

Indian Banks sanctioned Rs.48 trillion loans to PEP

India will soon witness one of the most costliest elections. Spending on the elections is likely to be more than Rs.500 billion during the...

Reliance denies money laundering allegations

Individual Auditor
Dutch pipeline company, A Hak, NL, earned $1.2 billion in profit by over-invoicing its services rendered to Reliance Gas Transportation Infrastructure Ltd (RTGIL). The...

Deutsche Bank Role in Danske Bank Laundering

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Compliance staff working for Deutsche Bank flagged at least $150 billions worth of transactions as potential money laundering transactions. According to the Bloomberg reports,...

Enforcement Directorate Attaches Five Star Delhi Hotel

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The Enforcement Directorate attached hotel Holiday Inn in Aerocity area of National Capital. The hotel could be valued at Rs. 120 crore, in connection...

After Danske Bank, Swedbank faces money laundering charges

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Danske Bank suffered huge set back after the money laundering scandal broke out. Before the matter could settle down, Swedbank opened a new chapter...

China is Considering Legal Changes to Placate US

The sheer size of trading with China opens the galore of opportunities for the trade based money laundering. Ban on Chinese trade by the...