Category: CrossBorder
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Global Compliance Challenges Solved The Role of LMS in Cross-Border Training
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In today’s globalized business landscape, compliance is a critical concern. Multinational corporations must navigate a complex web of regulations across different jurisdictions. This is where corporate compliance training comes into play. It equips employees with the knowledge they need to adhere to these regulations, mitigating risks and avoiding penalties. However,…
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Cross-Border Crypto Transactions Targeted By South Korea
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South Korean authorities have announced their plan to fully regulate cross-border cryptocurrency transactions by the end of 2025 to combat the “blind spot” that enables foreign exchanges to evade taxes. Quranic authorities regulate cross-border cryptocurrency transactions According to local media Edaily, South Korean Deputy Prime Minister (DPM) Choi Sang-mook subscriber…
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Israel Under Fire From Hezbollah as Cross-Border Battle Worsens
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Breadcrumb links BMN Business Israel said a new barrage of missiles was fired from Lebanon a day after a Hezbollah drone strike killed four soldiers, as cross-border fighting intensified between the two sides. Article writer: Bloomberg News Dan Williams and Marissa Newman Posted on October 14, 2024 • 4 minutes…
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Verdi union against Commerzbank cross-border merger regardless of bidder nationality By Reuters
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ROME (Reuters) – German trade union Verdi will oppose Commerzbank’s cross-border merger even if the bidder is not an Italian bank like UniCredit, an official said on Saturday. Berlin was surprised by UniCredit’s decision to build a significant stake in state-backed Commerzbank, a move the Italian bank says could lead…
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Russia’s VTB bank says US sanctions have complicated cross-border transactions By Reuters
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MOSCOW (Reuters) – U.S. sanctions imposed on Moscow this month have complicated foreign trade operations for Russian banks but they are gradually adapting to the new reality, the chief financial officer of Russia’s second-largest lender VTB said on Friday. On June 12, the United States imposed Ukraine-related sanctions on the…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…
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Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
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In an important step towards promoting the use of digital currency, Hong Kong residents can now create personal digital wallets for the yuan or CNY, as well as Announce By the Hong Kong Monetary Authority (HKMA). This development, part of cooperation with the People’s Bank of China (PBoC), marks a…