The US Congress has given the Securities and Exchange Commission a game-changing 10-year statute of limitations for disgorgement, along with statutory authority to prevail on the federal courts to force non-compliant firms to disgorge their ill-gotten profits.
Nearly all national regulators in the European Union have followed the lead of the European Securities and Markets Authority and taken steps to thwart the marketing, distribution or sale of binary options and CFDs to retail clients. ESMA, however, is not satisfied and wants powers to make them do more.
A citizen of Sweden has pled guilty in a US federal court to charges of securities fraud, wire fraud and money laundering. He defrauded more than 3,500 victims of more than US$16 million.
Newbridge Financial Services Group of Boca Raton in Florida has promoted Jennifer Dorfman to be its Chief Compliance Officer.
An understanding of the problems that the police face when relying on information obtained from abroad is becoming increasingly important for people who work in (or proffer advice about) financial crime complian...
Unless something extraordinary occurs, on Wednesday the Financial Action Task Force will vote to place Malta on its 'grey list' of unco-operative jurisdictions for anti-money-laundering purposes. Malta will join...
Developments and advances in innovative technology provide wealth-management firms with new ways of dealing with old problems when it comes to anti-money-laundering and know-your-customer processes. ...
This poster, circulated to entice Americans to enlist in NASA for its push to explore and eventually colonise Mars, could easily apply to compliance officers. More than anything else, the financial community nee...
The RegTech press has reported that regulatory technology companies worldwide improved last year on the money that they raised in 2019 - but only in the final quarter. Meanwhile, ESG-related regulatory software ...
US President Joe Biden has signed into effect the Senate and House of Representatives' joint disapproval of the Office of the Comptroller of the Currency’s 'true lender rule.' ...
The old Financial Services Authority’s fabled ‘thematic review’ of private banking took place in 2011 and has never been replicated in the UK since. If it were to happen again, would it prove that regulato...
The Maltese Financial Services Authority has published its 'Authorisation Process Service Charter,' which it believes will improve its licensing process and has opened a new webpage on the subject, along with ne...
The Financial Services Regulatory Authority of the Abu Dhabi Global Market is proposing to facilitate the use of non-face-to-face digital verifications of identities (eKYC)....
Guernsey's Fiduciary Rules have been in operation since 31 December last year. The Guernsey Financial Services Commission made them in accordance with the Fiduciaries Law 2000. It now proposes to amend them slig...