AI FRAUD UNMASKED: THE CURIOUS CASE OF SUNSHINE BANK
As artificial intelligence becomes more deeply embedded in our financial systems, so do the risks of exploitation. Fraud is no…
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THE FIGHT CONTINOUS WITH THE CURIOUS CASE OF BLUE OCEAN INSURANCE
Fraud Week, officially known as International Fraud Awareness Week, is an annual event dedicated to raising awareness about fraud and…
CURAÇAO’S FIGHT AGAINST FINANCIAL CRIME: WHERE IT STANDS AND WHAT NEEDS IMPROVEMENT
The Caribbean Financial Action Task Force (CFATF) released its 4th round Mutual Evaluation Report (MER) on Curaçao, a comprehensive evaluation…
THE FYRE FESTIVAL: THE FIRE THAT FUELED STREAMING’S SCAM OBSESSION
In 2017, the Fyre Festival touted as a luxurious music event in the Bahamas with top artists, gourmet food, and…
DECEPTIVE CHARADES: HOW LOU PEARLMAN MISLED HIS LAWYERS AND CONCEALED HIS FRAUDULENT BUSINESS EMPIRE
Pearlman launched a Ponzi scheme and for twenty years would convince banks and individuals to invest in fictitious companies. Lou…
THE FIGHT CONTINUES WITH THE CURIOUS CASE OF SUNTOURS
Fraud Week, officially known as International Fraud Awareness Week, is an annual event dedicated to raising awareness about fraud and…
COMPANY CLASSIFICATION IN FOREIGN EXCHANGE CONTEXT: LOCAL VS. OFFSHORE
Determining whether a company is classified as local or international (offshore) is a common challenge for many business owners in…
REVISED FOREIGN EXCHANGE REGULATION CURAÇAO AND SINT MAARTEN
The Central Bank of Curaçao and Sint Maarten (CBCS) will implement a revised foreign exchange regulation on October 1, 2024,…
FOREIGN EXCHANGE LICENSE VS. FOREIGN EXCHANGE EXEMPTION – WHAT’S THE DIFFERENCE?
“Foreign exchange license” and “foreign exchange exemption” are distinct regulatory concepts related to the operation of foreign exchange businesses. Both…
UNDERSTANDING THE LANDSCAPE OF CURAÇAO’S FOREIGN EXCHANGE POLICIES
Foreign exchange regulation in Curaçao is governed by a series of intricate legal frameworks designed to maintain economic stability and…