FinCEN Files: Investigation into Dirty Money Transfers from Major Global Banks

At least $ 2 trillion in suspicious transactions were carried out between 2000 and 2017 by several major global banks. This is what an investigation by the International Consortium of Investigative Journalists, made up of 400 journalists from the media in 88 countries, including the investigation units of Radio France and the newspaper Le Monde, reveals.
For their investigation, ICIJ journalists were able to obtain "suspicious activity reports". These are top-secret documents that US bank internal compliance officials send to US financial intelligence agencies when they detect questionable money transfers.

According to these documents, 2,000 billion dollars in suspicious transactions may have been carried out. It is dirty money linked to drugs, corruption, organized crime and terrorism.

Large banks are singled out like JP Morgan, Deutsche Bank, Bank of New York Mellon or HSBC. They ensure, however, that they make significant efforts to combat financial crime an…

Ukrainian start-up SolarGaps receives € 1 million funding from the EU

The European Commission has approved a € 1 million equity grant for the Ukrainian start-up SolarGaps as part of the EU’s Horizon 2020 funding program.

Ukrainian start-up SolarGaps receives € 1 million funding from the EU

"SolarGaps has become the first Ukrainian start-up to receive a grant under the Horizon 2020 Phase 2 program from the European Innovation Council. The start-up has obtained one million euros of equity capital for the marketing of the world's first smart solar blinds, "said Ukrainian investment group Inventure in a statement.

SolarGaps invented the world's first smart window blinds, which allow green energy to be produced from the window surface and thereby reduce CO2 emissions. As one of the first innovative start-ups in Ukraine, the company participated in two of the largest acceleration programs in the United States: Singularity University and HAX Growth.



The start-up had previously received a € 50,000 grant from the EU’s research and innovation program as part of phase 1.