Financial crime damages the trust and stability that the economy relies on. As criminals use more advanced technology, there's a bigger need for smart...
Credit providers understand the critical challenge with the rise of complex financial crimes, from cyber theft to money laundering. Criminals are using advanced technologies—the...
A continued push for digitisation, transparency and automation in trade finance prompts the question about the impact a migration of Swift messaging from MT...
Compliance-tech vendor LexisNexis has commissioned a study that says financial institutions in Asia Pacific spent $45 billion last year on financial crime compliance.
Most firms...
In the digital age, the younger generation finds itself increasingly
targeted by fraudsters and falling prey to various scams. A
recent TD Bank report revealed alarming...
In the digital age, the younger generation finds itself increasingly
targeted by fraudsters and falling prey to various scams. A
recent TD Bank report revealed alarming...
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), still won’t give a straight answer on whether Ethereum (ETH) legally classifies as...
Francesco Fulcoli - Chief Compliance Officer
The
UK's financial regulator has sent a serious warning to financial institutions after identifying widespread failings in how firms...
Binance is in hot water in Nigeria in the aftermath of its settlement with the U.S. Department of Justice (DOJ). Nigeria’s House of Representatives...
The
National Commission for Companies and the Stock Exchange (Consob) ordered the blacking out of 5 additional websites offering financial services
without proper authorization in Italy....
by Johanan Devanesan
February 22, 2024
The Monetary Authority of Singapore’s (MAS) legislative reform initiative, encapsulated in the Financial Institutions (Miscellaneous Amendments) Bill (FIMA Bill), signifies...