FlexiNews

FlexiNews We aggregate the latest local and international financial, banking, business and tax stories.

The European Central Bank (ECB) has recently imposed a series of stringent operational restrictions on Revolut after ide...
12/06/2026

The European Central Bank (ECB) has recently imposed a series of stringent operational restrictions on Revolut after identifying significant shortcomings in the company’s internal compliance and oversight systems during its rapid expansion across Europe. The move reflects growing tensions between fast-scaling financial technology firms and the regulatory authorities tasked with preserving the stability and integrity of the international financial system.

The European Central Bank (ECB) has recently imposed a series of stringent operational restrictions on Revolut after identifying significant shortcomings in the company’s internal compliance and oversight systems during its rapid expansion across Europe. The move reflects growing tensions between ...

KPMG has become embroiled in a major controversy as its Australian business faces allegations involving the misuse of co...
11/06/2026

KPMG has become embroiled in a major controversy as its Australian business faces allegations involving the misuse of confidential information and breaches of auditor independence rules, with a parliamentary hearing on the matter scheduled to take place later this month.

KPMG has become embroiled in a major controversy as its Australian business faces allegations involving the misuse of confidential information and breaches of auditor independence rules, with a parliamentary hearing on the matter scheduled to take place later this month.The accusations are said to r...

https://www.flexi-news.com/post/eu-wind-turbine-manufacturing-climbsWind turbine manufacturing in the European Union exp...
11/06/2026

https://www.flexi-news.com/post/eu-wind-turbine-manufacturing-climbsWind turbine manufacturing in the European Union experienced a significant recovery in 2024, with production reaching its strongest level in a decade after several years of inconsistent performance, according to newly released figures from Eurostat.

Wind turbine manufacturing in the European Union experienced a significant recovery in 2024, with production reaching its strongest level in a decade after several years of inconsistent performance, according to newly released figures from Eurostat.The data is included in the 2026 edition of Key fig...

The Netherlands Authority for the Financial Markets (AFM) has imposed an administrative penalty of €170,000 on digital b...
10/06/2026

The Netherlands Authority for the Financial Markets (AFM) has imposed an administrative penalty of €170,000 on digital bank bunq B.V. after determining that the company failed to handle several customer complaints related to online fraud within the timeframe required by law.

The Netherlands Authority for the Financial Markets (AFM) has imposed an administrative penalty of €170,000 on digital bank bunq B.V. after determining that the company failed to handle several customer complaints related to online fraud within the timeframe required by law.According to the regula...

A sharp rise in jet fuel prices driven by war-related disruptions involving Iran is projected to significantly erode the...
10/06/2026

A sharp rise in jet fuel prices driven by war-related disruptions involving Iran is projected to significantly erode the global airline industry’s profitability in 2026, even as passenger demand and revenues continue to climb to record levels, according to the latest industry outlook from the International Air Transport Association (IATA), which represents 370 airlines responsible for about 85% of global air traffic.

A sharp rise in jet fuel prices driven by war-related disruptions involving Iran is projected to significantly erode the global airline industry’s profitability in 2026, even as passenger demand and revenues continue to climb to record levels, according to the latest industry outlook from the Inte...

A new report from Jefferies maintains a positive stance on Greek banks, keeping a buy recommendation for Alpha Bank, Eur...
09/06/2026

A new report from Jefferies maintains a positive stance on Greek banks, keeping a buy recommendation for Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, arguing that the resilience of the Greek economy continues to support a favourable investment case.

A new report from Jefferies maintains a positive stance on Greek banks, keeping a buy recommendation for Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, arguing that the resilience of the Greek economy continues to support a favourable investment case. According to Jefferies, Greek....

The European Union recorded €627.8 billion in imports from countries outside the bloc and €640.5 billion in exports duri...
07/06/2026

The European Union recorded €627.8 billion in imports from countries outside the bloc and €640.5 billion in exports during the first quarter of 2026, according to newly released data from Eurostat. While imports registered modest growth compared with the preceding quarter, exports experienced a slight decline, reflecting emerging weakness in the EU’s external trade performance.

The European Union recorded €627.8 billion in imports from countries outside the bloc and €640.5 billion in exports during the first quarter of 2026, according to newly released data from Eurostat. While imports registered modest growth compared with the preceding quarter, exports experienced a ...

Thailand’s Office of Insurance Commission (OIC) and the Anti-Money Laundering Office (AMLO) are advancing a coordinated ...
06/06/2026

Thailand’s Office of Insurance Commission (OIC) and the Anti-Money Laundering Office (AMLO) are advancing a coordinated regulatory initiative aimed at strengthening the country’s insurance sector against financial crime while aligning domestic compliance standards with internationally recognized anti-money laundering frameworks. The joint effort is designed to address vulnerabilities across both life and non-life insurance markets that may be exploited by organized criminal groups operating across borders. Through tighter regulatory supervision, enhanced customer due diligence requirements, expanded intelligence-sharing arrangements, and stronger institutional accountability, authorities seek to reinforce the integrity of the nation’s financial ecosystem and prevent the infiltration of illicit capital into legitimate economic channels.

Thailand’s Office of Insurance Commission (OIC) and the Anti-Money Laundering Office (AMLO) are advancing a coordinated regulatory initiative aimed at strengthening the country’s insurance sector against financial crime while aligning domestic compliance standards with internationally recognized...

The United Arab Emirates has reaffirmed its commitment to combating financial crime through a strengthened national enfo...
05/06/2026

The United Arab Emirates has reaffirmed its commitment to combating financial crime through a strengthened national enforcement framework, as senior government officials convened for the twenty-third meeting of the Higher Committee responsible for overseeing the National Strategy on Anti-Money Laundering, Countering the Financing of Terrorism, and Countering Proliferation Financing. The session, chaired by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, was held virtually and served as a key platform for reviewing progress achieved under the country’s strategic objectives while assessing future priorities.

The United Arab Emirates has reaffirmed its commitment to combating financial crime through a strengthened national enforcement framework, as senior government officials convened for the twenty-third meeting of the Higher Committee responsible for overseeing the National Strategy on Anti-Money Laund...

Elon Musk's SpaceX has indicated that it believes the company is worth significantly more than previously estimated as i...
05/06/2026

Elon Musk's SpaceX has indicated that it believes the company is worth significantly more than previously estimated as it prepares for a public stock market debut scheduled for next week.

Elon Musk's SpaceX has indicated that it believes the company is worth significantly more than previously estimated as it prepares for a public stock market debut scheduled for next week.In documents submitted to the US Securities and Exchange Commission as part of its initial public offering (IPO)....

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