All posts tagged "Facebook"
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282Australia & NZInvestment Scams On the Rise in Australia: ACCC
Australia has seen a sharp increase in investment scams this year. Text messages have become the most common scam contact mode.
June 8, 2022 -
549AML / KYCMalaysia SC Offers Guidance on Detecting Fake Investment Firms
In one case, approximately $821,000 flowed through one mule bank account controlled by scam operators within a period of six months.
June 2, 2022 -
655AML / KYCAustralia: FSC Calls for Measures to Stop Online Scam Ads
The Financial Services Council is calling for the introduction of a mandatory code of conduct for digital platforms like Facebook and Google to prevent financial scams.
May 23, 2022 -
439Australia & NZACCC Launches Court Proceedings Over Crypto Ads on Facebook
The ads contained links to fake media articles containing quotes attributed to public figures endorsing cryptocurrency or money-making schemes.
March 24, 2022 -
473AML / KYCAustralia Sanctions More Russians Over Disinformation Campaign
Australia’s sovereign wealth fund, Future Fund, is reportedly trying to divest AUD 200 million of holdings in Russian companies.
March 9, 2022 -
659AML / KYCRussia Lays Out Three Exit Options for Foreign Firms
One option is for foreign shareholders to transfer their shares to be managed by Russian partners until they return to the market at a later date.
March 7, 2022 -
551Fintech / Regtech
Facebook Sells Stablecoin IP and Tech Assets to Silvergate
The sale was announced after it became clear from dialogue with federal regulators that "the project could not move ahead”.
February 7, 2022 -
687AML / KYC
Australian Billionaire Launches Criminal Proceedings Against Facebook
Fortescue Metals Group chairman Andrew Forrest alleges that Facebook broke AML laws by failing to prevent crypto scams from being advertised on its platform.
February 6, 2022 -
1.4KContributed ArticleCan Crypto be Green?
Energy-intensive and unregulated, institutional investors are proving reluctant to back the rapidly growing asset class.
November 26, 2021 -
379Fintech / RegtechRBI Halts Plan to Allow New Umbrella Entities in Retail Payments
The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India's data localisation rules.
September 2, 2021
