A Papal court has made history by convicting a very senior Vatican official of financial crimes, although his appeal is certain to last for years and, at 81, he is unlikely to serve even a day of his almost nine-year sentence.
The State of New York is introducing legislation to help its financial firms to cease to use the London Interbank Offered Rate, an interest-rate benchmark used in an estimated US$200 trillion of financial transactions which may be discontinued as soon as the end of this year.
Asset managers are using artificial intelligence and machine learning to augment existing processes and activities in the hope of cutting costs, being more efficient and freeing up resources. It might not be long, however, before regulators try to smother the whole process in bureaucracy.
The French Autorité des Marchés Financiers has updated Book III of its General Regulation and the four guidelines that make up its anti-money laundering policy to take account of the European Union's fifth anti-money-laundering directive and to make other adjustments.
Asset managers are using artificial intelligence and machine learning to augment existing processes and activities in the hope of cutting costs, being more efficient and freeing up resources. It might not be lon...
The US Financial Crimes Enforcement Network (FinCEN), together with the Federal Reserve, the Federal Deposit Insurance Corporation, the National Credit Union Administration and the Office of the Comptroller of t...
Lisa Osofsky (pictured), the director of the United Kingdom's Serious Fraud Office, has an appetite for negotiating deferred prosecution agreements. In line with this, the SFO has released guidelines on the subj...
The year 2020 ended with a small wintry flurry of regulatory activity from the UK’s Financial Conduct Authority. The regulator did enough to remind practitioners that it was still there, but its decisions duri...
In this edition we look at some of last month’s developments in the run-up to the announcement of the deal that British Prime Minister Boris Johnson struck with the European Union – a deal that left financia...
A Papal court has made history by convicting a very senior Vatican official of financial crimes, although his appeal is certain to last for years and, at 81, he is unlikely to serve even a day of his almost nine...
The State of New York is introducing legislation to help its financial firms to cease to use the London Interbank Offered Rate, an interest-rate benchmark used in an estimated US$200 trillion of financial transa...
In the past few weeks the Belgian Financial Services and Markets Authority has received new complaints from consumers who have been approached by companies that offer wealth management. ...
The French Autorité des Marchés Financiers has updated Book III of its General Regulation and the four guidelines that make up its anti-money laundering policy to take account of the European Union's fifth ant...
The US Treasury has announced the names of new members of staff who will serve it in senior capacities. The emphasis is on 'diverse backgrounds and lived experiences.' One of the top appointees was Chief of Staf...