FINANCE & BANKING

Despite two decades of tougher anti-money laundering rules, major financial scandals have slipped through Europe's regulatory net while banks generate overwhelming false-positive alerts on legitimate clients.

International sanctions compliance is complex, fast-moving, and non-negotiable. For businesses banking with neobanks, a blocked payment is often the first encounter with OFAC, OFSI, EU, or UN regulations. Digital banks use automated screening to flag risks, but growth and scale can create gaps, as seen in high-profile fines for Starling, Revolut, and N26.

Sir Patrick Bijou exemplifies the growing overlap between modern finance and philanthropy. As complex social challenges increasingly require disciplined execution and sustainable funding, financial frameworks —such as risk management, layered funding, governance, and measurement—are becoming essential to effective charity work.

Millions of US families could receive bigger IRS tax refunds in 2026 as new credits, deductions and updated refund rules take effect this filing season.