International securities regulator Iosco is setting up a task force to examine the risks and opportunities arising from decentralised finance (DeFI), which it says is quickly evolving to mirror conventional financial markets.
Hacking collective Anonymous claims to have broken into the Central bank of Russia.
The European Securities and Markets Authority (Esma) has fined trade repository Regis-TR €186,000 for eight breaches of the European Market Infrastructure Regulation.
JPMorgan Chase CEO Jamie Dimon is facing criticism from shareholders for failing to provide enough detail about the bank's mammoth technology spending plans and the decision to launch a digital-only bank in the UK, according to the Financial Times.
Source: FinCEN
The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.
Source: FinCEN
The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.
Source: Kroll
Kroll, the leading provider of data, technology and insights related to risk, governance and growth, has found that whilst anti-money laundering (AML) continues to dominate global financial crime regulation, enforcement activity is slowing as attention turns from banks to other financial institutions.
Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.
