The Canadian Imperial Bank of Commerce (CIBC), headquartered in Toronto, Ontario, received an administrative monetary penalty of $1,329,150 on October 23, 2023, for two...
Microsoft and carbon removal startup Mombak have entered one of the largest-ever nature-based carbon removal agreements globally. Mombak will provide up to 1.5 million...
Napier, the London-based intelligent compliance technology company, has partnered with KYC Portal CLM (KYCP), a client lifecycle management platform, to offer financial institutions a...
The Hong Kong Securities and Futures Commission (SFC) has taken action against two suspected crypto scam websites, HongKongDAO and BitCuped. SFC Director of Enforcement...
The National Crime Agency (NCA) has issued an alert to financial institutions and other regulated entities in the UK, cautioning them about Russia's attempts...
Meta, the parent company of Facebook, is facing a $600 million lawsuit from the Information Media Association (AMI), representing 83 Spanish media outlets. The...
Fintech startup ZestMoney is closing down operations by December, leading to the layoff of its entire 150-member workforce. Despite attempts by the new leadership...
Two Finnish companies are under suspicion for allegedly exporting drones and military products, valued at over three million euros ($3.25 million), to Russia in...
On November 3, 2023, the Royal Bank of Canada (RBC) received an administrative monetary penalty of $7,475,000 for three violations identified during a compliance...
Copenhagen Infrastructure Partners (CIP) has launched the Growth Markets Fund II (GMF II), aimed at developing clean energy projects in high-growth middle-income markets across...
Deloitte, the global professional services firm, has announced collaborations with academic institutions, including MIT Sloan School of Management, NYU Stern Executive Education and Center...
A contingent of U.S. financial crime experts, comprising around two dozen specialists from the Federal Bureau of Investigation (FBI) and the Financial Crimes Enforcement...
A phishing scam recently targeted the Stargate Snapshot platform, leading to substantial financial losses. The scam involved a deceptive proposal vote on LayerZero's Discord...
Former Ohio Public Utilities Commission Chairman, Samuel Randazzo, has been charged by a federal grand jury with bribery and embezzlement-related offenses. Randazzo, 74, surrendered...
