Search Results for: Secrecy

In a June 2022 press conference, the Reserve Bank of India’s (RBI) deputy governor confirmed the government’s plan to adopt Central Bank Digital Currency (CBDC) gradually during fiscal year 2023. This comment was followed by Annual Report 2021–22, released by the RBI, stating CBDC would be introduced into the Indian economy through a three-step approach. [...]

The US Supreme Court Tuesday granted review in US ex rel. Polansky v. Executive Health Resources and Bittner v. US. In US ex rel. Polansky v. Executive Health Resources, the court will consider whether a fraud case brought by an individual on behalf of the US government can be dismissed by the government. The case [...]

The US Securities and Exchange Commission (SEC) Friday announced its order in which Wells Fargo Advisors, the St. Louis-based broker-dealer, agreed to pay USD 7 million in order to settle anti-money laundering charges against it, along with a censure and a cease and desist order. The charges against Wells Fargo Advisors resulted from “failing to [...]

The Idaho House of Representatives passed a bill Thursday that would provide confidentiality to suppliers and manufacturers of lethal injection drugs. House Bill 658 is intended to provide “legal protection from discovery or disclosure for certain persons and entities to carry out the death penalty.” The bill would provide confidentiality to any individual or entity [...]

A large-scale leak involving one of the world’s largest banks, the Swiss-based Credit Suisse, materialized on Sunday exposing the hidden wealth of clients involved in serious criminal activity, including but not limited to torture, drug trafficking, money laundering, and corruption. The leak was originally released by German newspaper Süddeutsche Zeitung and then passed on to [...]

The Brazilian Federal Police on Wednesday found that President Jair Bolsonaro committed a criminal offense for breach of secrecy, by publicly leaking details of an ongoing criminal investigation. However, it is unlikely he will face any legal consequences while in office given his presidential immunity. Federal police detective Denisse Ribeiro noted in a report sent [...]

The Parliament of India Tuesday passed the Election Laws (Amendment) Bill, 2021 for linking electoral roll data and voter identity cards with the government’s digital identity database. The bill authorizes electoral registration officers to demand voters to furnish their unique Aadhaar number for ascertaining their identity and preventing voter fraud. The bill requires all persons [...]

Amazon filed an appeal at the Luxembourg Administrative Tribunal on Friday challenging an $865M fine imposed by Luxembourg National Commission for Data Protection (CNPD). The penalty was handed down for violations of the EU’s General Data Protection Regulation (GDPR). The retail giant was first brought under scrutiny by La Quadrature du Net, a French Privacy Advocacy group [...]

The International Consortium of Investigative Journalists (ICIJ) published a report Sunday revealing the secrets of numerous wealthy elites and world leaders who have been using secret accounts to hide their assets. The investigation was based on a leak of around 12 million confidential records from 14 off-shore service providers. The documents cover a wide range of [...]

The Texas legislature on Tuesday passed a bill containing a set of new voting restrictions that will tighten the state’s already strict voting rules, which is considered some of the strictest in the nation. Senate Bill 1, titled Election Integrity Protection Act, explicitly states the legislative intent to “reduce the likelihood of fraud in the [...]