Chandni Nanda, Author at FCC Times

Citizenship and Residency Programs Exploited for Illicit Activities, Urgent Safeguards Needed, Says FATF-OECD Report

Citizenship and residency by investment programs are exploited by criminals and corrupt individuals for money laundering and illicit activities, according to a report by...

Deloitte and IBM Team Up to Boost Emissions Reduction Strategies: Integrating AI-Powered Solutions for Sustainable Transformation

Global professional services firm Deloitte and tech giant IBM have announced a new global collaboration to help organizations accelerate emissions reduction strategies and streamline...

EY and Aspen Technology Form Alliance to Drive Sustainability in Industrial and Energy Sectors

Professional services firm EY and industrial software provider Aspen Technology have formed a new alliance aimed at assisting clients in industrial and energy markets...

Bloomberg Unveils Tool to Evaluate Companies’ Impact on UN SDGs: Integrates UNEP FI Sector Impact Map for ESG Insights

Bloomberg has unveiled a new data mapping and materiality assessment tool to assist investors in evaluating a company's potential impact on any of the...

H&M Group Partners with DBS for Green Loan Program Advancing Fashion Decarbonization

Fashion and design brand company H&M Group has announced a green loan program in collaboration with Singapore-based financial services group DBS. This program aims...

EU Commits €4 Billion to Accelerate Decarbonization: Largest-Ever Call for Cleantech Manufacturing Projects Under EU Innovation Fund

The European Commission has announced a €4 billion investment for deploying innovative decarbonization technologies, emphasizing cleantech manufacturing projects. Financed through the EU Emissions Trading...

South-West Law Firm Ashfords Fined £101,357 by SRA Over Money Laundering Oversights in Property Transactions

A prominent law firm in the South-West has been fined £101,357 by the Solicitors Regulation Authority (SRA) for overlooking money laundering concerns in three...

CBA Expands NameCheck Initiative in Partnership with Bendigo Bank and Satori to Combat Financial Fraud

Australia’s Commonwealth Bank (CBA) is intensifying its fight against financial scams and mistaken payments by expanding its innovative NameCheck technology. In collaboration with Bendigo...

Paysend Bolsters Global Risk Management through Strategic Partnership with CalQRisk

Paysend, a leading FinTech company specializing in global online payments, has entered into a strategic partnership with CalQRisk, a governance, risk management, and compliance...

Sarkozy Denies Wrongdoing in Appeal Against Illegal Campaign Financing Conviction

Former French president Nicolas Sarkozy has vehemently denied any wrongdoing as he appeals a one-year jail sentence for illegal campaign financing. Facing a series...

Enforcement Directorate Raids DLF Premises in Gurugram in Money Laundering Probe Linked to Supertech

The Enforcement Directorate conducted searches at the premises of real estate giant DLF in Gurugram as part of a money laundering probe linked to...

Singapore Police Arrest 300 Suspects in Islandwide Crackdown on Scams Worth S$8.5 Million

Police have apprehended over 300 individuals suspected of involvement in more than 1,000 scam cases during a two-week islandwide operation in Singapore. The suspects,...

Authorities Uncover Unlicensed Establishment Serving Kratom-Infused Drinks to Minors, Prompting Legal Action and Potential Shop Closure

Upon arrival, authorities discovered around 80 individuals, aged 25 or younger, gathered at a location consuming kratom-infused drinks. Notably, a 12-year-old girl was among...

RBI Imposes Stricter Norms on Consumer Credit, Raises Risk Weights for Unsecured Personal Loans to Address Growth Concerns

The Reserve Bank of India (RBI) has introduced stricter norms for consumer credit, directing banks and NBFCs to assign a higher risk weight for...

The philosophical puzzle of rational artificial intelligence

AUSTRAC backs newly regulated sectors with release of AML/CTF program starter kits

Former Google Engineer Found Guilty of Economic Espionage and Theft of Confidential AI Technology

Chandni Nanda