The US Financial Crimes Enforcement Network has today penalised Capital One, National Association, for wilfully and negligently breaking the Bank Secrecy Act 1970 and its implementing regulations.
Jersey's Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 came into force a few days ago, requiring companies to provide the Government with information about their beneficial owners and controllers. It includes a requirement to update this information within 21 days of any changes.
The end of the UK's 'transition period' out of the European Union has had repercussions for some parts of the guidelines promulgated by the Joint Money-Laundering Steering Group.
The European Union’s Securities and Markets Authority's recent annual report shows that national regulators and other authorities imposed a total of €88 million in fines in relation to 339 offences against the EU's Market Abuse Regulation in the last year or so.
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...
The Securities and Exchange Commission of the Philippines has added to its rules and regulations that relate to the Investment Company Act and that apply to fund managers, investment companies and firms that dea...
The Mauritian financial regulator has set out its new approach to the resolution of enforcement cases through settlement, a word that it shrinks from defining fully. Only firms are to be allowed to ask for settl...
The US Financial Crimes Enforcement Network has today penalised Capital One, National Association, for wilfully and negligently breaking the Bank Secrecy Act 1970 and its implementing regulations. ...
Jersey's Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 came into force a few days ago, requiring companies to provide the Government with information about their beneficial owner...
The end of the UK's 'transition period' out of the European Union has had repercussions for some parts of the guidelines promulgated by the Joint Money-Laundering Steering Group....
The European Union’s Securities and Markets Authority's recent annual report shows that national regulators and other authorities imposed a total of €88 million in fines in relation to 339 offences against t...
The Apex Group, a global provider of financial services, is offering financial firms some software to help them collect the necessary data to report on and comply with the EU's upcoming Sustainable Finance Discl...