Goldman Sachs and Deutsche Börse consider Daml to be an opportunity to unlock new users, assets, and markets in a growing global ecosystem of interconnected networks
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BitMEX founders Arthur Hayes and Benjamin Delo pled guilty in a US federal court on Thursday and agreed to each pay a $10 million fine.
The EBA will leverage EuReCA to inform its view of ML/TF risks affecting the EU financial sector and share information with competent authorities should specific ML/TF risks or trends emerge, acting as an early warning tool.
Hong Kong’s banking regulator has fined 33 Financial Services Limited (33FS) HK$875,000 ($113,000) for breaches of anti-money laundering rules.
Although Grand International Futures and Liang cooperated with the SFC and have otherwise clean disciplinary records with the regulator, the financial watchdog felt a strong deterrent message needed to be sent to the market.
HSBC has decided to settle asap, thus qualifying the bank for a 30% discount. Otherwise, the FCA would have imposed a financial penalty of £91,352,600.
Scila is very much in tune with digital assets and cryptocurrencies and has some of the largest cryptocurrency exchanges and traders in its client roster.
Tel Aviv-based blockchain technology firm, Kirobo today announced its integration with PureFi, a decentralized protocol that provides a full-cycle solution for crypto asset analytics and AML/KYC procedures.
First AML, a New Zealand-based compliance firm, has announced that it has raised $21 million in its latest funding round from investors such as Blackbord Ventures and US investor Headline and it also received renewed commitments from Bedrock Capital and others.
The Financial Action Task Force (FATF) has issued guidelines holding VASPs to the same standards as regulated financial institutions.
Tookitaki means hide-and-seek in Bengali. Tookitaki use machine learning to construct an automated model to simulate the hide/seek behavior in humans.
Chainalysis KYT flags risky and illicit activity in real-time, while Chainalysis Reactor enables deeper investigations into those transactions.
The tool, proprietary of Senzing, supports entity resolution despite data quality issues and better detects entity obfuscation while providing full data lineage for transparency, explainability and audit.
A survey undertaken by LexisNexis Risk solutions across financial firms has shown that the cost of adhering to compliance procedures exceeds the cost of criminal threats themselves.
B2Broker, a leading technology and liquidity provider for the forex and crypto industries, has chosen Sumsub to help over 450 clients across 40 countries stay compliant.
Many cryptoassets are highly speculative, but the FCA does not have consumer protection powers for the cryptoasset activities of firms, even if a firm is registered with the FCA.
XGlobal Markets Limited, a broker that is licensed by CySEC, has announced that it has settled with the regulator over a possible violation of ‘The Prevention and Suppression of Money Laundering and Terrorist Financing Law’.
Acuant provides comprehensive AML solutions to more than 50 crypto exchanges and blockchain businesses worldwide.
In connection with the case, the Board of Directors of Danske Bank A/S has appointed Carsten Egeriis as Chief Executive Officer to replace Chris Vogelzang, who was named a suspect in an ABN AMRO money-laundering investigation in the Netherlands.
