Latest Results from /crime
/crime
UK companies are failing to keep up with the requirements for sanction-screening prospective clients despite the high level of global geopolitical unrest, according to a recently published survey.
23 November 2023
Celsius Network has received approval from a New York judge for a restructuring plan that will repay customers’ assets through new company owned by Celsius creditors and managed by Fahrenheit.
10 November 2023
Founder of the infamous crypto platform, FTX, Sam Bankman-Fried was found guilty on seven counts following a highly publicised trial in Manhattan federal court.
03 November 2023
Compliance has been the traditional focus of IT departments in financial institutions, but as cyber threats continue to evolve, the financial industry needs to look to each other to help protect the wider ecosystem.
30 October 2023
The Financial Conduct Authority (FCA) has fined Equifax over £11 million for failing to protect their customers from a data breach outsourced to its US parent company.
13 October 2023
The UK's Financial Conduct Authority has fired off a warning to unregistered overseas cryptoasset firms, threatening fines and imprisonment for those who fail to comply with new rules for financial promotions.
26 September 2023
The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme.
20 September 2023
Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.
14 September 2023
An FCA survey of sanctions controls at 90 UK firm has found deficiencies across a range of key indicators, including staffing, technology and reporting frameworks.
07 September 2023
Nordic AML vendor Strise has raised a $10.8 million Series A funding round to drive international expansion, starting with the UK.
06 September 2023
ThetaRay, the Isralei fintech that enables banks to monitor payment traffic to sniff out money laundering risks, has completed a $57 million fundraising round.
05 September 2023
Losses resulting from stolen IT equipment and data, as well as digital and industrial espionage will cost Germany €206 billion in 2023, reveals a survey conducted by digital association Bitkom.
01 September 2023
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