Featured Data

Hackers Release Data Trove From Belarus in Bid to Overthrow Lukashenko Regime

Opponents of the Belarus government said they have pulled off an audacious hack that has compromised dozens of police and interior ministry databases as part of a broad effort to overthrow President Alexander Lukashenko’s regime. The Belarusian Cyber Partisans, as the hackers call themselves, have in recent weeks released portions of a huge… Read More

Outgunned Crypto Lobbyists Falter in Bid to Fix Broad Tax Rules

Cryptocurrency lobbyists were caught ill-equipped in one of the first legislative battles for their nascent industry, despite a Herculean push that impressed Washington insiders with its intensity. The industry failed to win a change to crypto tax reporting rules in the infrastructure bill on Monday, leaving intact language for broad… Read More

Dubai offshore holdings: no information about bank accounts of Maltese nationals

The ‘Dubai list’ of offshore holdings belonging to Maltese nationals contains no bank account information and is limited to property and high-value assets. Sources said information on real estate, yachts and other assets in the Gulf emirate, owned by some 20 Maltese nationals, were being reviewed by tax officials… Read More
3rd August 2021
Information on around 20 Maltese nationals’ offshore holdings in Dubai has been passed on to the financial crime police by the tax authorities. Details from the so-called ‘Dubai list’ was obtained from Germany last week following a request by Malta’s Inland Revenue Department. Last month, Times of Malta reported… Read More
2nd July 2021
Machine learning, application programming interfaces (APIs) and other technological advances have the potential to bolster anti-money laundering (AML) efforts but the compliance sector must overcome challenges to ensure their benefits, according to a global watchdog. In two reports published Thursday, the Financial Action Task Force (FATF) outlined how technology is reshaping… Read More
30th June 2021
Banks’ increasing dependence on ‘RegTech’ technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Union’s banking watchdog said on Tuesday. Part of a wider trend of digitalising finance, RegTech is used by banks to comply with anti-money laundering checks… Read More
30th June 2021
The United States has extended its requests for Swiss banks to disclose full details of client accounts held by US citizens. Switzerland’s Federal Tax Administration on Monday published a list of 40 banks, fiduciary firms and insurance companies. It is the fourth update of so called group administrative requests… Read More
22nd June 2021
By David S. Wall, University of Leeds In their Carbis Bay communique, the G7 announced their intention to work together to tackle ransomware groups. Days later, US president Joe Biden met with Russian president Vladimir Putin, where an extradition process to bring Russian cybercriminals to… Read More
17th June 2021
AP — Ukrainian police have carried out nearly two dozen raids targeting alleged associates of a Russian-speaking ransomware gang it blamed for a half billion dollars in cyberattacks and extortion that hit the United States and South Korea especially hard. A police statement on Wednesday said… Read More
4th June 2021
The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters. Internal guidance sent on Thursday to U.S. attorney’s offices across the country… Read More
14th May 2021
By Sadie Brown, OCCRP, 13 May 2021 OCCRP — Politically influential people made up a significant portion of the clients at an offshore bank in the Isle of Man, according to a Brookings Institute researcher who analyzed data from a breach published by Distributed Denial of… Read More
10th March 2021
States are stepping up their efforts to protect the privacy of consumer data, and the trend is adding to banks’ compliance challenges as stewards of vast amounts of personal information. Virginia passed a data privacy law on March 2, while California strengthened its existing data privacy law on Nov. 3. Read More
2nd March 2021
The Financial Action Task Force (FATF) is open to amending the “travel rule,” its guidance for cryptocurrency exchanges and companies providing crypto services. The anti-money laundering watchdog said Thursday it is confident the crypto industry will be able to implement complex data… Read More