Fines and Punishment
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. ...
Anti-Money Laundering
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...
Anti-Money Laundering
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....
Fines and Punishment
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...
Technology
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...