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Support to stop severe violence between criminals using explosives in retaliation

30 January 2025

Eurojust has supported the German and Dutch authorities in stopping a series of severe retaliatory attacks between criminals using explosives and firearms to settle scores. A total of 23 suspects have been arrested, including three during an action day this week. Eurojust assisted with the execution of European Arrest Warrants (EAWs) and European Investigation Orders (EIOs) and coordinated the judicial cooperation between the authorities.

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From fake art to money laundering: Eurojust’s cross-border investigations in 2024

24 January 2025
Knowledge Base

As the hub for cross-border judicial cooperation, Eurojust works together with national authorities to fight organised crime. Our support and expertise helps authorities to solve complex investigations into a variety of crime types. In 2024, we saw a number of long running cases lead to joint operations that arrested suspects, seized goods and stopped criminals in their tracks. Continue reading…

The cyber resilience of financial institutions: Just sandcastles built on quicksand?

20 January 2025
Knowledge Base

by Andy Norton

The EU’s Digital Operational Resilience Act (DORA) has been on the regulatory horizon for some time. Yet its implications for the financial sector remain a pressing concern. As DORA has now come into effect as of 17 January, many financial institutions, burdened by legacy systems and a patchwork of software applications1, find themselves ill-prepared to meet DORA’s stringent requirements. Yet, some UK companies, especially smaller third-party ICT suppliers2, might think they’re exempt from DORA’s requirements in the wake of its EU exit. That’s not exactly the case. In fact, it’s unsurprising that 39% of organisations3 admit to feeling challenged by the UK’s increasingly complicated regulations and governance requirements; DORA is just another on a long list of regulations that firms must adhere to. Continue reading…

Four suspects arrested for illegally exporting archaeological treasures

16 January 2025

Italian authorities have disrupted a sophisticated operation that was illegally exporting precious archaeological artefacts belonging to the Italian state. The criminal group worked with expert grave robbers and thieves to excavate numerous objects. Following a complex investigation lasting over several years, Italian authorities, supported by Eurojust, dismantled the organisation and arrested four suspects.

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Action against ‘phone phishing’ gang in Belgium and the Netherlands: eight arrests

19 December 2024

In a concerted operation, Belgian and Dutch authorities have cracked down on an internationally operating ‘phone phishing’ gang, leading to the arrest of eight suspects. In addition to ‘phishing’, or trying to gain access to bank or financial data by phone or online, the suspects also visited mainly elderly victims at their homes, pretending to be bank employees or police officers. Eurojust and Europol coordinated and supported the actions in Belgium and the Netherlands, where 17 places were also searched. Continue reading…

Out now: SIRIUS Electronic Evidence Situation Report 2024

13 December 2024
Knowledge Base

Eurojust, Europol and the European Judicial Network have published the 2024 edition of the SIRIUS European Union (EU) Electronic Evidence Situation Report. First presented at the SIRIUS Annual Conference to an audience of EU law enforcement and judicial authorities, policymakers, and representatives of service providers, the report reflects on the evolving legislative framework and the growing reliance on electronic data in criminal investigations, while highlighting the persistent barriers to effective cooperation in accessing electronic data across borders for investigation and prosecution of crimes.

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EU banks continue to be robust although risks from geopolitical tensions and cyber threats remain significant, the EBA Report shows

02 December 2024

The European Banking Authority (EBA) has on 29 November published the autumn edition of its risk assessment report (RAR). The Report is accompanied by the publication of the 2024 EU-wide transparency exercise, which provides detailed information, in a comparable and accessible format, for 123 banks from 26 countries across the European Union (EU) and the European Economic Area (EEA). Continue reading…

IBM and Pasqal Plan to Expand Quantum-Centric Supercomputing Initiative

26 November 2024

IBM (NYSE: IBM) and Pasqal have on 21 November announced an update to their intended collaboration to build new, integrated frameworks for quantum-centric supercomputing with Qiskit, the world’s most performant quantum software. The two companies will soon begin developing a unified programming model to facilitate seamless interoperability across different types of quantum computing hardware. This integrated architecture will work across IBM’s next-generation and utility-scale quantum computers, Pasqal’s neutral atom-based quantum devices, and classical high-performance computing (HPC) resources such as CPUs and GPUs. Continue reading…

FSB assesses the financial stability implications of artificial intelligence

19 November 2024
Knowledge Base

The Financial Stability Board (FSB) has on 14 November published The Financial Stability Implications of Artificial Intelligence, a report outlining recent developments in the adoption of artificial intelligence (AI) in finance and their potential implications for financial stability. Widespread adoption and more diverse use cases of AI have prompted the FSB to revisit its 2017 report on AI and machine learning in financial services. Financial firms currently use AI mainly to enhance internal operations and improve regulatory compliance, but generative AI (GenAI) and large language models have given rise to new use cases, such as document summarisation, information retrieval, and code generation. Continue reading…