All posts tagged "Spoofing"
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309AML / KYCSingapore Jails Man for Money Laundering, Email Fraud
The man received funds in his and his company's bank accounts that were derived from chearing offences perpetrated overseas and locally.
April 8, 2022 -
953FeatureSingapore Continues Work to Bolster Digital Banking Security
New measures include expanding the use of biometric technology, strengthening fraud surveillance and detection algorithms, and enabling customers to trigger account freezes.
February 18, 2022 -
1.0KAML / KYCMAS, ABS Announce Measures to Bolster Online Banking Security
Singapore banks will put in place the more stringent measures within the next two weeks, and work on more permanent solutions in the coming months.
January 20, 2022 -
846EnforcementUS Authorities Criminally Convict NatWest on Spoofing Charges
NatWest traders engaged in schemes to defraud in connection with spoof orders designed to profit from manipulation of the US Treasury securities and futures markets, the DOJ said.
December 24, 2021 -
328EnforcementUS Federal Court Sanctions Australian Trader for Spoofing
The Propex Derivatives trader is required to repay $21,000 in disgorgement and cease and desist from violating anti-spoofing and manipulation rules.
June 16, 2021 -
347AML / KYCRBI Relaxes Restrictions on the Use of Video-based KYC
Video-based KYC can be used for onboarding individual customers, business owners, and authorised signatories and beneficial owners of legal entities.
May 18, 2021 -
1.3KEnforcementUS Authorities Settle JP Morgan Spoofing Charges for $920m
The settlement will fully resolve investigations carried out by the DOJ, CFTC and SEC into trades made over nearly ten years.
October 1, 2020 -
692EnforcementTwo Ex-Deutsche Traders Convicted in Spoofing Case
The two former traders were found guilty of fraud charges for their respective roles in manipulating gold and silver futures prices.
September 30, 2020 -
1.6KEnforcementScotiabank Resolves DOJ, CFTC Spoofing Charges for $127.4m
Four Scotiabank traders based in New York, London and Hong Kong placed thousands of orders in precious metals futures between 2008 and 2016 to manipulate prices.
August 21, 2020 -
823Enforcement
CFTC Settles Deutsche Bank Spoofing, Swaps Reporting Cases
Deutsche Bank will pay $9mn for violating swap data reporting requirements during a system outage, and $1.25mn for spoofing carried out by two Tokyo-based traders.
June 19, 2020
