The Bank for International Settlements (BIS) has embarked on an innovative endeavor that many believe could transform the landscape of cross-border payments compliance. Project Mandala, a collaborative venture with central banks from Australia, Korea, Malaysia, and Singapore, sets a new precedent
Digital arrest scams in India are a growing menace, where scammers use psychological manipulation rather than technical hacks to defraud victims. By impersonating law enforcement and judicial authorities, they create a false sense of legal jeopardy, compelling victims to part with vast sums of
The growing urgency to modernize international trade practices and reduce reliance on paper documentation has led to the development of comprehensive legal frameworks. The Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific (CPTA) is a significant step in
In a move aimed at bolstering national defense and securing national interests, Vietnam's Ministry of Public Security has proposed a new draft law that seeks to regulate trans-border data transfers. This legislative effort underscores the government's determination to protect the nation's
The European Union has officially published Commission Delegated Regulation (EU) 2024/2104, which serves as an important supplement to Regulation (EU) 2017/625 concerning official controls in the agri-food chain. This new regulation, aimed at clarifying instances and conditions under which
Cross-border mergers and acquisitions (M&A) within the European Union (EU) and the United Kingdom (UK) are increasingly complex due to evolving regulatory landscapes. With more than 130 active merger control regimes globally, along with Foreign Direct Investment (FDI) screening mechanisms and the
