AML

The Securities and Exchange Commission (SEC) has fined JPMorgan $125m due to ‘widespread and longstanding failures’ by the bank to maintain and preserve written communications.

The Financial Conduct Authority has secured an order against money laundering fugitive Richard Baldwin that would force him to either pay £1.6m or face another eight years in prison.

While South Korea has established a strong legal framework to fight money laundering, the country must do more to prevent government officials from laundering the proceeds of corruption.

Having reaped huge success with crowdfunding in the past, Brickowner has now returned to Seedrs for an additional cash injection.

Two men from Florida have been found guilty of foreign exchange fraud and are ordered to pay massive fines after spending over $1m of their clients' money on things like cars, travel and restaurants

Chancellor of the Exchequer Rishi Sunak has confirmed plans to introduce a £100m levy on companies to fight money laundering.

RegTech firm Sentinels has been appointed by payments FinTech kevin. to handle transaction monitoring compliance for the company.

The European Banking Authority (EBA) has launched a public consultation on its draft guidelines for the use of remote customer onboarding solutions.

Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.

Reken, a trailblazing AI & cybersecurity company, has successfully concluded an oversubscribed seed funding round, securing a substantial $10m.