Enforcement

The move will make it easier for EU authorities to take action against anyone who helps Russia avoid its sanctions.

Kraken was facing a maximum fine of over $272mn. The $362,000 settlement reflects OFAC's determination the violations were "non-egregious and voluntarily self-disclosed".

The legislation also amends the extraterritorial jurisdiction of the Privacy Act to bring into scope foreign firms conducting business in Australia.

APRA to intensify supervision of all entities not meeting CPS 234. Medibank executive pay could be impacted.

The police said they received multiple reports between August and November 2022 alleging false representations by that Hodlnaut and/or its directors.

Two Estonians induced victims to enter into “fraudulent equipment rental contracts" and to invest in a fake digital currency bank.

The investment firm sold clients’ securities without authorisation, misappropriated the proceeds, and fabricated documents to conceal the transactions.

Two ING entities are required to improve their AML/CTF programmes, ML/TF risk assessment, IFTI and SMR reporting, and transaction monitoring.

ASIC said some of Block Earner's fixed yield earning products should have been licensed as managed investment schemes.

Goldman Sachs Asset Management had policies and procedures failures involving the ESG research its investment teams used to select and monitor securities.