In a significant legal ruling, Barclays has emerged victorious in a UK Supreme Court appeal, shedding light on the extent of a bank's responsibility...
Merrill Lynch, a broker-dealer, has agreed to pay a combined fine of $12 million to regulatory authorities for failing to submit approximately 1,500 suspicious...
BNP Paribas in Belgium has been fined €15 million for severe anti-money laundering (AML) failures, according to an announcement by Belgium's National Bank (NBB)....
The divestment process at IDBI Bank is progressing as potential bidders conduct financial due diligence for the acquisition of a 60.72% stake. The bank...
The European Banking Authority (EBA) has recently taken significant steps to address the risks of money laundering and terrorist financing associated with crypto-asset service...
The Financial Action Task Force (FATF) held its third plenary meeting under the Singapore Presidency in June 2023. The discussions during the meeting covered...
Lately, the sentiment in the cryptocurrency market has experienced a notable surge, propelled by a wave of optimism ignited by institutional investors submitting applications...
Amazon Web Services (AWS) has introduced the AWS Generative AI Innovation Center, a program aimed at assisting customers in developing and deploying generative artificial...
Google Cloud has unveiled Anti Money Laundering AI (AML AI), an AI-powered solution aimed at assisting global financial institutions in more efficiently identifying instances...
On June 14, 2023, the Financial Services Authority (OJK) issued Regulation No. 8 of 2023, concerning Anti-Money Laundering (AML) Programs, Prevention of Terrorism Financing,...
The Centre initiated a multi-agency investigation into Noida police's claim of breaking a Rs 10,000 crore GST fraud racket. This inquiry unveiled over 3,000...
