Search Results for: Money laundering
Brokers hit the ground running on FATCA compliance
August 3rd, 2015
Training and planning have helped insurance brokers meet new tax reporting regulations for 2015, and compliance is moving into the “another part of doing business” phase. Initial reporting under the Foreign Account Tax Compliance Act, meant to help combat ...
SEC charged Two men and Eight companies with defrauding investors
July 31st, 2015
The Securities and Exchange Commission today charged two men and eight companies with defrauding investors, many of them upstate New York residents, who purchased the companies’ securities and so-called “charitable gift annuities.” According to the SEC’s complaint filed in ...
Nippon Wealth Limited Opts for Wolters Kluwer Financial Services
July 28th, 2015
Hong Kong-based Wealth Management Firm Signs Up to use OneSumX for Anti-Money Laundering and Regulatory Reporting Wolters Kluwer Financial Services has signed Nippon Wealth Limited, a Restricted License Bank (NWB) as a user of OneSumX. The restricted license bank, ...
7 bitcoin-related court cases
July 24th, 2015
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...
GP Global announces AML Seminar – 22 September 2015
July 23rd, 2015
G.P. GLOBAL LTD has issued a press release to inform for: AML Seminar – 22 September 2015: From Theory to Practice – A practical approach to: KYC/CDD – Monitoring – AML Risk Assessment – Risk Scoring and much ...
Two arrested in illegal bitcoin scheme
July 23rd, 2015
A West Palm Beach man is one of two individuals arrested by federal authorities Tuesday for operating an unlicensed money-transfer business that allegedly used bitcoins to launder cash for on-line criminals. Authorities arrested Anthony R. Murgio, 31, of West ...
Deloitte joins cryptocurrency industry group
July 21st, 2015
To work with ADCCA on accounting standards for bitcoin. Big four accounting firm Deloitte has joined the peak industry group representing digital currency traders in Australia, highlighting a growing mainstream focus on cryptocurrencies. Australian Digital Currency Commerce Association is ...
Westpac VC invests in Bitcoin player Coinbase
July 8th, 2015
In a deal that will put Westpac Banking Corp in the box seat as cryptocurrencies develop, the bank’s venture capital fund, Reinventure Group, has invested in Coinbase, one of the world’s pre-eminent Bitcoin companies. In the first deal involving ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
FIFA, Iran, HSBC Top To-Do List for Swiss Prosecutor
June 18th, 2015
After winning re-election as Switzerland’s Attorney-General on Wednesday, Michael Lauber went straight back to work. Not that he had much choice with a to-do list that’s getting longer by the day. Swiss authorities last week opened a probe into ...
