All posts tagged "EY"
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152AML / KYCBaFin 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 -
708AML / 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 -
279AML / 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 -
159FeatureRBI 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 -
217Big 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 -
546Big 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 -
847Australia & 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 -
661EnforcementProsecutors 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 -
825Big PictureHKIMR Offers Suggestions to Develop Hong Kong Green Bond Market
To encourage more active participation in the market, efforts can be made to implement tax incentives and subsidies to address the high costs of certification.
November 27, 2020 -
687EnforcementSingapore Lawyer Faces Life in Prison for Cheating, Breach of Trust
The JLC Advisors managing partner absconded with S$33.8mn in client money last year but was arrested in Malaysia. 19 new charges relate to his misappropriation of S$17.5 from another client.
October 22, 2020
