United States

Securities / Derivatives

NYSE, IDX Agree to Cooperate on Product Development

By Editors | 08/11/2022

The New York and Indonesian exchange agreed to collaborate on product development, market promotion, and knowledge sharing.

Crypto / Digital Assets

US Agents Seized Over $3.3bn in Silk Road’s Bitcoin Last Year: DOJ

By Editors | 08/11/2022

Over 50,000 Bitcoin, stolen from online marketplace Silk Road in 2012, was seized in November 2021 and has since lost more than two-thirds of its value.

AML / KYC

Most Ransomware Attacks Have a Russia Nexus: FinCEN

By Editors | 06/11/2022

About 75 percent of ransomware-related incidents reported to FinCEN in H2 2021 had a nexus to Russia, its proxies, or persons acting on its behalf.

Crypto / Digital Assets

NY Fed Issues Phase One Report on Wholesale CBDC Research

By Editors | 04/11/2022

In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.

AML / KYC

US: ABA Warns Against Liability Shift for Fraudulent P2P Payments

By Manesh Samtani | 04/11/2022

Making banks liable for customer-initiated P2P transfers that result from fraud will harm consumers and competition, embolden scammers, and ultimately increase fraud rates.

Fintech / Regtech

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

By Editors | 03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

Market Infrastructure

CFTC Extends Swap Reporting Relief for Non-US Dealers

By Editors | 02/11/2022

The no-action relief, initially granted in December 2013, was due to expire by 1 December 2022, but has been extended to 1 December 2025.

Crypto / Digital Assets

US DOJ Resolves Dispute with Google Over BTC-e Data

By Editors | 02/11/2022

Crypto exchange BTC-e was shut down in 2017 for alleged money laundering. At the time, US authorities were unable to obtain data from Google for the investigation because it was held overseas.

Partner Content

Nasdaq 2022 Global Compliance Survey

By Nasdaq | 02/11/2022

In the latest iteration of Nasdaq’s Global Compliance Survey (GCS), released annually since 2015, feedback was gathered from financial industry compliance professionals to provide both a point in time analysis of current compliance and surveillance related issues, as well as year over year trend analysis of the perceptions and state of surveillance globally.