Sunday, June 16, 2024
17 C
Los Angeles

Repatriated Angolan Children Face Precarious Conditions

Namibian authorities are repatriating Angolans, including dozens of...

India: New Government Should Refocus on Rights

(New York) – India’s new government should...

Hong Kong: No Accountability 5 Years after Mass Protests

(Taipei) – The Chinese government has suppressed...

Money Laundering

Federal Court makes ruling in SkyCity case

SkyCity Adelaide Pty Ltd (SkyCity) has been ordered by the Federal Court of Australia to pay a $67 million penalty after AUSTRAC launched civil penalty proceedings against it for breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The Court also ordered SkyCity to...

FSA Weekly Review No.589 June 6, 2024

May 28, 2024 Publication of the draft "Cabinet Office Order to Amend the Cabinet Office Order on Definitions Under Article 2 of the Financial Instruments and Exchange Act" and others for public consultation <Summary> The FSA...

European Union: New EU rules have been adopted to combat money-laundering and terrorist financing

The European Parliament has adopted the new AML/CFT legislative package, which aims to comprehensively strengthen the EU rules to fight money-laundering and terrorist financing, including the establishing of a New EU Authority to...

New guidance released to help combat the use of foreign students as money mules

Today AUSTRAC released a new financial crime guide to help businesses identify and report suspicious activity related to criminal networks targeting vulnerable international students and temporary residents as money mules. The AUSTRAC-led public-private partnership – Fintel...

Money Laundering

Federal Court makes ruling in SkyCity case

SkyCity Adelaide Pty Ltd (SkyCity) has been ordered by the Federal Court of Australia to pay a $67 million penalty after AUSTRAC launched civil penalty proceedings against it for breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The Court also ordered SkyCity to...

FSA Weekly Review No.589 June 6, 2024

May 28, 2024 Publication of the draft "Cabinet Office Order to Amend the Cabinet Office Order on Definitions Under Article 2 of the Financial Instruments and Exchange Act" and others for public consultation <Summary> The FSA...

European Union: New EU rules have been adopted to combat money-laundering and terrorist financing

The European Parliament has adopted the new AML/CFT legislative package, which aims to comprehensively strengthen the EU rules to fight money-laundering and terrorist financing, including the establishing of a New EU Authority to...

USA
Events: 10,500 events
Fines: USD290 Bn
Imprisonment: 1,245,000 months
Entities (including individuals and organizations): 17K

UK
Events: 1,750 events
Fines: USD18 Bn
Imprisonment: 150,000 months
Entities: (including individuals and organizations): 3K

India
Events: 510 events
Fines: USD45 Mn
Imprisonment: 3,800 months
Entities: (including individuals and organizations): 400

South Africa
Events: 120 events
Fines: USD32 Mn
Imprisonment: 20,090 months
Entities: (including individuals and organizations): 190

Screening

IDAHOT 2024: freedom and equal rights in Europe | News item

Together with the Council of Europe, the Netherlands is hosting the European IDAHOT+ Forum in The Hague from 14 to 16 May. The forum is an important conference on the position and human...

AMLYZE and Plumery Join Forces to Redefine FinTech: Fusion of Cutting-Edge Anti-Financial Crime Tech with Next-Gen Digital Banking

AMLYZE, a distinguished RegTech specializing in combating financial crimes, and Plumery, a leading provider of digital banking solutions, have announced a strategic partnership. This collaboration aims to reshape the FinTech landscape by integrating...

ESG

ESG, Supply Chain and Product Compliance week: Managing product safety and liability risks, supply chain due diligence, and the future of green claims

In our final week of the Annual Compliance conference, we focussed on key issues being faced by companies on ESG, supply chain and product compliance. Specifically, we discussed the new legal landscape in the EU and UK on product compliance and liability, supply chain due diligence trends and developments, and how to manage environmental, social and governance risks and increasing legislation in the US, UK and EU aimed at cracking down on vague, misleading, or unsubstantiated green claims. Hot topics & evolving risks in the product safety and litigation landscape Monday 3 June 2024 SPEAKERS: Kate Corby (Partner, London); Andrew Kinnier KC (Henderson Chambers); Joanne Redmond (Senior Associate, London); and Andreas Neumann...

Crypto

European Union: New EU rules have been adopted to combat money-laundering and terrorist financing

The European Parliament has adopted the new AML/CFT legislative package, which aims to comprehensively strengthen the EU rules to fight money-laundering and terrorist financing, including the establishing of a New EU Authority to...

Check out other categories:

Fraud, Bribery & Corruption

South Africa’s Outgoing Minister Faces Bribery Charges Amid ANC Coalition Talks

South Africa's outgoing Minister of Sports, Arts, and Culture has appeared in court after...

Former Colombian President Álvaro Uribe Charged in Witness Tampering Case

Former Colombian President Álvaro Uribe was charged on Friday in a protracted witness tampering investigation. Uribe faces formal charges of witness tampering and bribery for attempting to discredit a political rival who was investigating...

Regulations

Big 4 Corner

Sanctions

Sanctions Notice – Myanmar — GFSC

Please be advised that an amendment has been made to the entry in relation to International Gateways Group of Company...

Human Rights

India: New Government Should Refocus on Rights

(New York) – India’s new government should reverse laws...

Hong Kong: No Accountability 5 Years after Mass Protests

(Taipei) – The Chinese government has suppressed fundamental freedoms...

Brazil: Children’s Personal Photos Misused to Power AI Tools

(São Paulo, Brazil) – The personal photos of Brazilian...

AI / ML

New computer vision method helps speed up screening of electronic materials | MIT News

Boosting the performance of solar cells, transistors, LEDs, and...

Brazil: Children’s Personal Photos Misused to Power AI Tools

(São Paulo, Brazil) – The personal photos of Brazilian...

A data-driven approach to making better choices | MIT News

Imagine a world in which some important decision —...

How to balance risk and governance in GenAI

Tarannum: Hello and welcome to the EY India Insights podcast. I...

A technique for more effective multipurpose robots | MIT News

Let’s say you want to train a robot so...

Repatriated Angolan Children Face Precarious Conditions

Namibian authorities are repatriating Angolans, including dozens of children—many unaccompanied—who were found begging or selling wooden artifacts in Namibia’s cities and towns. Many of the...

India: New Government Should Refocus on Rights

(New York) – India’s new government should reverse laws and policies that discriminate against religious minorities and other vulnerable populations and end the crackdown...

Hong Kong: No Accountability 5 Years after Mass Protests

(Taipei) – The Chinese government has suppressed fundamental freedoms in Hong Kong in the five years since protesters began occupying city streets on June...

New computer vision method helps speed up screening of electronic materials | MIT News

Boosting the performance of solar cells, transistors, LEDs, and batteries will require better electronic materials, made from novel compositions that have yet to be...

Brazil: Children’s Personal Photos Misused to Power AI Tools

(São Paulo, Brazil) – The personal photos of Brazilian children are being used to create powerful artificial intelligence (AI) tools without the children’s knowledge...

- A word from our sponsors -

spot_img