All posts tagged "fraud"
-
166AML / KYCHKMA Publishes Cases Studies on AML/CFT Regtech Adoption
New report details case studies and insights from banks that have implemented technologies to enhance the efficiency and effectiveness of their AML/CFT efforts.
January 22, 2021 -
123AML / KYCFinancial Crime 2021: Digital ID, Due Diligence, Sanctions
Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.
January 21, 2021 -
197ChinaChinese Regulators to Force Ant, Tencent to Share Borrower Data
Ant Group affiliate Alibaba and Tencent have so far been resistant to sharing their loan data with credit databases such as Baihang.
January 15, 2021 -
130AML / KYCDeutsche Bank to Pay $130m to Resolve FCPA Violations, Fraud Charges
The bank’s employees and agents concealed bribes paid to obtain and maintain lucrative business in Saudi Arabia, Abu Dhabi, Italy and China.
January 12, 2021 -
142ChinaChina Issues Final Rules Governing National Carbon Market
Provincial level authorities will be able to set carbon emissions caps for the first time, and shall be charged with verifying greenhouse gas emissions reports.
January 8, 2021 -
182EnforcementTaiwan Raises Whistleblower Rewards for Serious Crime Tenfold
Whistleblower rewards are increased tenfold for the reporting of serious illegal financial activities and fivefold for minor illegal financial activities.
January 8, 2021 -
126Australia & NZATO Reviews Superannuation Withdrawals for Rule Breaches
The ATO will consider applying penalties for wrongful superannuation withdrawal only in serious cases where an applicant has deliberately applied, knowing they were not eligible.
January 6, 2021 -
124ChinaShanghai, Shenzhen Bourses Implement Revised Delisting Rules
The exchange amended the rules in response to complaints that the delisting thresholds were too high to be effective in deterring fraud.
January 6, 2021 -
147EnforcementKorea FSS Identifies More Fraud, Bribery at Private Equity Firms
The FSS said it will impose sanctions on companies identified as being engaged in such practices, including to refer cases for criminal prosecution as needed.
January 5, 2021 -
155ChinaChina: Revised Criminal Law Raises Penalties for Capital Market Offences
The amendments focus on fraudulent issuance, information disclosure falsification, provision of false certification documents by intermediaries, and market manipulation.
January 2, 2021
