SEC charges healthcare company with multimillion dollar fraud
The Securities and Exchange Commission (SEC) charged a New Jersey-based healthcare company and its founder with fraudulently raising nearly $4m from over 130 investors nationwide through the sale of membership units in the company.
N26 under BaFin scanner for inadequate measures against money laundering
German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.
ClearBank partners with Napier to boost its AML and screening capabilities
Cloud-based clearing bank ClearBank tied up with AML/CTF and trade compliance tech provider Napier for its advanced transaction screening system in a bid to boost its security.
Under Armour to pay $9m to settle SEC revenue probe for misleading investors
Sports apparel company Under Armour has settled with the Securities and Exchange Commission (SEC) and agreed to pay $9m in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016.
The European Banking Authority proposes changes to liquidity reporting
The European Banking Authority (EBA) has launched a public consultation on how to improve proportionality in liquidity reporting.
How Ideagen’s three pillars have helped it become a major force in compliance
People, product and customers are Ideagen’s three pillars that have helped it become a tour de force in the compliance space, with it spanning 18 countries and 6,000 clients.
ESMA fines Moody’s €3.7m for failing to disclose conflicts of interests
The European Securities and Markets Authority (ESMA) fined credit ratings firm Moody’s €3.7m for breaching rules including the failure to disclose conflicts of interests.
Big data analytics startup Dataminr closes $475m round at $4.1bn valuation
NYC-based real-time information discovery company, Dataminr closed a $475m financing round at a $4.1bn valuation.
The European Supervisory Authorities release joint Q&A for EMIR
The European Supervisory Authorities published three joint questions and answers on bilateral margin requirements under the European Markets Infrastructure Regulation (EMIR).
The EBA launches discussion paper for an integrated reporting system
The European Banking Authority (EBA) has published the discussion paper on the feasibility study of an integrated reporting system.
