Tag: Department of Justice

Financial institutions that depend on “federal only” regulatory coverage are taking on more risk than they may realise. States pursue their own regulatory agendas,...

The rapid rise of prediction markets is creating a fresh set of compliance challenges for investment advisers. When firms or their staff trade event...

Anti-money laundering compliance is no longer a background regulatory function; it is a frontline risk control that can determine whether a financial institution thrives...

As prediction markets continue to move from niche experimentation into mainstream financial discourse, they are creating a new set of challenges for regulators and...

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

The US Department of Justice (DOJ) is launching a fellowship program that is designed to develop legal expertise to deal with cyber threats that impact national security.

Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.

The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.