A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities.
February 1, 2023Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.
January 30, 2023FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.
January 25, 2023Banks must perform CDD on customers transferring virtual assets. Digital ID system iAM Smart can be used for identity verification.
January 19, 2023The bank had no policy for handling large deposits and did not conduct an internal audit of its financial crime unit over an 8-year period, among other weaknesses.
January 13, 2023Among other measures, the rules set requirements on the maximum term of different types of loans, to help banks guard against maturity mismatch risks.
January 11, 2023Venture capital firms and investment funds that invested in FTX may face scrutiny about whether they met their fiduciary duties to their own investors.
January 10, 2023Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.
January 9, 2023Index providers could be subject to SEBI's framework even if they do not know their indices are being used in India, and even if they are not regulated in their home market.
January 6, 2023The settlement includes a $50mn penalty and a commitment by Coinbase to invest a further $50mn in its compliance programme over the next two years.
January 5, 2023