Financial services
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued an order providing exemptive relief for investment advisers (IAs) from compliance with the Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) program requirements. The IA AML Rule, which was set to take
Financial services
Axi, a leading force in global financial services, has been recognised with several prestigious awards at the 2025 Global Business and Finance Magazine Awards. The company received accolades for Best Financial Institution in the UK, LATAM, and Middle East, highlighting its growing global impact and commitment to excellence. Axi'
Financial services
The Trump Administration has taken a decisive step in addressing "debanking" practices in the financial services sector by issuing an Executive Order titled Guaranteeing Fair Banking for All Americans. The Order, signed on August 7, 2025, aims to revise policies and regulations to remove the use of "
Financial services
Axi, a leading force in global financial services, has been recognised for its outstanding achievements in the industry, receiving awards for Best Financial Institution 2025 in the UK, LATAM, and Middle East regions. These accolades underscore Axi's growing global impact and commitment to excellence, particularly in advancing financial
Financial services
The Nigerian insurance industry has welcomed the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, viewing it as a crucial catalyst for significant market growth and enhanced financial inclusion. The Act aligns with President Bola Ahmed Tinubu's vision of building a $1 trillion economy
Financial services
Performance Brokerage Services, the largest dealership brokerage firm in North America, has announced the purchase of Gengras Volkswagen of Plainville in Connecticut from Gengras Motor Cars Inc to Christopher Tornaquindici and Brian Boland. This acquisition marks a significant milestone for the company, which has advised on the sale of nearly
Financial services
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has recently made a significant change to the effective date of the Investment Adviser Rule. In a move aimed at providing relief to affected parties, FinCEN has announced a two-year delay in the implementation of the
Financial services
Highly competitive industries like real estate and mortgage come with a toll on the body and mind, leading to burnout, weight gain, and diminished cognitive function. David Albanese, a seasoned entrepreneur and health optimization coach, has witnessed this hidden crisis firsthand in his years running a brokerage. Albanese argues that
Financial services
The Liberty Company Insurance Brokers has made a strategic move by appointing Michael Spirakis as its National Sales Training and Development Leader. Spirakis brings over 25 years of experience in the insurance industry, with a proven track record of driving organic growth through producer development. His expertise will focus on
Financial services
Volatility is a natural part of the investment journey, but recent months have seen some historic fluctuations. The S&P 500 fell by 20% before recovering to hit new highs, while the Volatility Index (VIX) reached 82.7% in March 2020 and 80.9% in 2008. Despite the dramatic
Financial services
The Marcus & Millichap real estate brokerage firm has completed the sale of a 34-unit multifamily property in New York City's Upper East Side for $10.4 million. The property, located at 234-236 E. 88th St., was built in 1920 and features studios and one-bedroom apartments with classic
Financial services
The Tanzanian government's sustained efforts to improve agricultural marketing systems have led to significant advancements in the capacity of financial institutions, such as the National Bank of Commerce (NBC), to serve the farming community with greater efficiency. The Warehouse Receipt System has played a crucial role in bridging
