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NEWS: Revolut picks Paris as Western Europe HQ, plans €1B investment

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Revolut photo illustration in Spain - 16 Nov 2021

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ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000.

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CONFIRMED: FATF adds British Virgin Islands, Bolivia to AML ‘grey list’

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NEWS: VAT fraud among EU crime-fighting priorities for next 4 years

By Elizabeth Howcroft

BRITISH finance company Revolut plans to invest 1 billion euros ($1.1 billion) over the next three years on expanding in France as it announced Paris will be its new its new Western European headquarters. 

In an announcement as part of the “Choose France” investment summit, hosted by French President Emmanuel Macron at Versailles Palace near Paris, Revolut said it would open a new office in Paris for its operations in Western Europe and create at least 200 new jobs in France.

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Premium

ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000.

 Premium

CONFIRMED: FATF adds British Virgin Islands, Bolivia to AML ‘grey list’

 Premium

NEWS: VAT fraud among EU crime-fighting priorities for next 4 years

Regulatory Watch News

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    OLAF

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