Three main authorities overseeing financial regulation in the European Union have warned consumers from purchasing virtual currencies (VCs), saying they
The Swiss Financial Market Supervisory Authority (Finma) has launched a consultation towards updating the due diligence requirements for client on-boarding
The Financial Conduct Authority has published a report summarising the key areas of algorithmic trading oversight, including areas of good
Australia’s Senate on Wednesday enacted its Banking Executive Accountability Regime (BEAR), which empowers the financial regulator to hold senior executives
The United Kingdom has extended its Senior Managers and Certification Regime (SMCR) to the insurance sector, making top insurance executives
A leading figure in fund regulation has written to the Financial Conduct Authority (FCA) slamming packaged retail and insurance-based investment
By Denis O’Connor Even before the Fourth Anti-Money Laundering Directive (4MLD) had been implemented across all 28 Member States in June 2017, the European Commission proposed substantial amendments to it. This proposal soon became known as the ...
How does the EU 6AMLD measure up? As further measures progress through the Brussels legislative machinery to enhance the fight against anti-money laundering, experts give their verdict on the EU's latest proposals 2017 saw the implementation ...
A London-based compliance officer looks back at some of the requests he came across and tells KYC360 how he reacted on the occasions he smelt trouble. He did not wish to disclose his name and ...
The United States’ Securities and Exchange Commission (SEC) has penalised Deutsche Bank and a trading desk executive after if found that traders and sales people made false and misleading statements while negotiating bond prices. The bank ...
The U.S. Justice Department has reached a $613 million settlement with U.S. Bancorp over charges that it willfully failed to
Switzerland’s financial authority Finma on Friday issued guidance for handling initial coin offerings (ICOs), setting out how it intends to
A South African court has ruled that Absa, a subsidiary of Barclays Africa, will not need to repay loans taken
Vagit Alekperov, the head of Russia’s No.2 oil producer Lukoil, said on Thursday the banks had become more demanding when