What are the key FAQs around FinCEN’s beneficial ownership requirements?
The use of shell companies and other legal vehicles for illicit purposes is receiving growing international attention, with the importance of beneficial ownership transparency becoming ever more key, claimed RegTech firm Alessa.
How to ensure casino compliance
As an industry that is constantly bringing in new customers and transactions, the casino sector is a key target for criminals and money launderers, claims Alessa.
ORX releases Controls Library with McKinsey
ORX, a global association of operational risk professionals, has launched the world’s first industry-wide Controls Library for operational risk.
Russia launches huge cyberattack against Montenegro
The security agency of Montenegro has said that hackers from Russia have launched a ‘massive, coordinated’ cyberattack against its government and its services.
LexisNexis helps Darlington Building Society prevent financial crime
LexisNexis Risk Solutions will help Darlington Building Society onboard customers and bolster financial crime prevention and compliance screening.
FBI offers warning on DeFi platform attack surge
The FBI has warned of an increase in attacks targeting decentralised finance (DeFi) platforms to steal cryptocurrency, according to Security Week.
UK APPG calls for challenger bank ‘big bang’
An All Party Parliamentary Group (APPG) has said the UK should widen its open banking model to speed up growth of FinTech as the part of a wider ‘big bang in financial services.
How to incorporate ESG into your compliance strategy
A recent eBook by RegTech firm Clausematch has delved deeper into the question of how companies can best incorporate ESG practices into their compliance programs.
Singapore set to firm up retail crypto trading rules
The Monetary Authority of Singapore (MAS) has said it could introduce ‘customer suitability tests’ in an effort to discourage the trading of cryptocurrencies.
Muninn boosts its AI-driven cybersecurity tech with seed round
AI-driven cybersecurity platform Muninn has raised €2.5m in its seed funding round, which was led by Luminar Ventures.