The framework provides a detailed threat overview, cataloging the three categories into which most illicit uses of cryptocurrency typically fall.
October 13, 2020The move to the new Supervision Risk and Intensity Model could lead to a change in the intensity of supervision that APRA applies for some entities.
October 6, 2020The final penalty amount, which could reach as high as A$1.5bn, is expected to be announced at a joint press conference in coming days.
September 24, 2020The European Commission is taking decisive action to fight financial crime by reforming its AML rules and enforcement mechanism, writes Refinitiv’s Che Sidanius.
September 21, 2020The new SEC Act will allow for recognition of new categories of market intermediaries and introduce new enforcement mechanisms to deal with market misconduct.
September 19, 2020Reports first emerged in February alleging that up to 80% of GSX Techedu users are fake, evidenced by attendance data, server records, and admissions by former employees.
September 6, 2020In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.
September 2, 2020New regulations issued by China’s Supreme Court provide channels for small and medium investors to pursue joint litigation in securities disputes.
August 7, 2020The proposed enforcement framework will seek to achieve swifter outcomes from the disciplinary process. Whistleblowing policies will become mandatory for listed issuers.
August 6, 2020Self-assessments by derivatives issuers have identified risks stemming from the way they handle client money, provide advice to retail clients, and handle vulnerable customers.
July 29, 2020