All posts tagged "EY"
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15AML / KYCMalaysia Secures Settlement from KPMG to Resolve 1MDB Claims
The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB's 2010-2012 financial statements.
September 18, 2021 -
170AML / KYCPhilippine Prosecutors File Criminal Complaints Over Wirecard Fraud
The criminal complaints accuse respondents of violating banking, cybercrime, and e-commerce laws as well as falsifying commercial documents.
June 9, 2021 -
310AML / KYC
BaFin Files Criminal Complaint Against Deutsche Bank Exec
Alexander Schütz is suspected of using inside information to trade Wirecard shares. A separate probe into EY's audits of Wirecard is continuing.
April 23, 2021 -
1.2KAML / KYCAddressing Financial Crime Through Data-driven Compliance
Given the rapid growth of digital technologies in financial services, the most effective way to defeat financial criminals today is to 'follow the data', says SWIFT's Heather Lee.
March 13, 2021 -
394AML / KYCMalaysia Secures Settlement from Deloitte to Resolve 1MDB Claims
Malaysia’s Finance Ministry is also negotiating a settlement with KPMG, which was replaced by Deloitte as auditor of 1MDB in 2013.
March 5, 2021 -
207FeatureRBI Formally Permits India Residents to Invest in GIFT City
Separately, a new framework has been issued allowing professional services firms including consultancies, fund administrators and trustees to set up in GIFT City.
February 18, 2021 -
279Big PictureG-SIBs to Spend Over $100m on IBOR Budget in 2021: EY
Banks of all sizes felt most of their budget would be spent on technology, followed by legal contract repapering. A shortage of legal resources remains a clear risk.
February 10, 2021 -
700Big PictureFinancial Services Driving Growth in Singapore Blockchain Use
The Singapore Blockchain Ecosystem Report 2020 says the use of blockchain in Singapore's financial sector is driven by industry collaboration to address common pain points.
December 9, 2020 -
1.0KAustralia & NZAustralia Gets New Guidance for Internal Auditors in Financial Services
The Better Practice Guide was developed by industry practitioners with APRA and ASIC serving as vocal observers and EY and KPMG providing secretariat support.
November 29, 2020 -
691EnforcementProsecutors Assess Whether EY Acted Criminally During Wirecard Audits
Germany's audit supervisor has reportedly told prosecutors that EY may have violated its legal due diligence and reporting obligations during its Wirecard audits.
November 29, 2020
