Chandni Nanda, Author at FCC Times

U.S., UK, and Canada Unite to Impose Tougher Sanctions on Myanmar Military Regime

On October 31, 2023, the United States, the United Kingdom, and Canada jointly imposed additional sanctions on Myanmar (Burma). These sanctions target individuals and...

Trust Swiftly Partners with OPMC’s Anti-Fraud Plugin to Fortify WooCommerce Stores Against Fraudulent Transactions

Trust Swiftly, a leading identity verification solutions provider, has entered a strategic partnership with OPMC's Anti-Fraud Plugin, a reputable fraud prevention plugin designed for...

Northern Trust and Novata Forge Strategic Alliance: Integrating Advanced ESG Data Solutions for Enhanced Private Market Impact Clarity

Financial services firm Northern Trust and ESG data management software provider Novata have formed a strategic partnership. Northern Trust, renowned for wealth management and...

New York Cracks Down on Illegal Cannabis Sales: $6.2 Million Worth Seized, Enforcement Actions Intensify

Efforts to curb illegal cannabis sales in New York have yielded results, with authorities seizing approximately $6.2 million worth of cannabis products in the...

21Bitcoin Scores €2.1 Million Boost: Volksbank Raiffeisenbank Bayern Mitte Backs Bitcoin Financial Services Pioneer for European Expansion

21Bitcoin, a provider of Bitcoin financial services, has secured a significant investment of €2.1 million from German bank Volksbank Raiffeisenbank Bayern Mitte eG. The...

UK Unveils Cryptocurrency Regulations: BOE Targets Systemic Stablecoins, FCA Takes Broad Oversight for Financial Stability and Consumer Protection

The Bank of England (BOE) and the Financial Conduct Authority (FCA) are implementing regulations for different aspects of the cryptocurrency landscape in the UK....

Qomply Strengthens Regulatory Expertise: Appoints Former FCA Regulator Sophia Fulugunya as Director of Transaction Reporting

UK-based regtech firm Qomply has appointed Sophia Fulugunya, a former Financial Conduct Authority (FCA) regulator, as its new director of transaction reporting. Fulugunya brings...

DBS Group Addresses Money Laundering Fallout: Allocates $74 Million Amidst Singapore’s $2 Billion Financial Scandal

DBS Group, Singapore's largest bank, has set aside $74 million (S$100 million) in allowances related to the city-state's $2 billion money laundering scandal. The...

Sembcorp’s Green Revolution: Unveiling a Bold 2023-2028 Strategic Plan for Sustainable Energy Dominance in Asia

Sembcorp Industries has unveiled its 2023-2028 strategic plan, emphasizing its commitment to transitioning from brown to green energy. The company aims to accelerate renewables...

KKR’s $2.8 Billion Triumph: Global Impact Fund II Paves the Way for Sustainable Investing and Positive Social Change

KKR, a prominent global investment firm, has successfully closed its KKR Global Impact Fund II at $2.8 billion. The fund is dedicated to investing...

daVinci Payments Settles with OFAC: $206,213 Fine for Alleged Sanctions Violations in Crimea, Iran, Syria, and Cuba

Swift Prepaid Solutions, Inc., operating as daVinci Payments, a financial services and payments firm in Buffalo Grove, Illinois, has agreed to pay $206,213 to...

Unified Approach: Joint Guidance on Managing Unlicensed Virtual Asset Service Providers in the UAE in Accordance with International Standards

This document presents Joint Guidance for addressing the use of unlicensed virtual asset service providers in the United Arab Emirates. The guidance is in...

AMCS Strengthens ESG Solutions with FigBytes Acquisition: A Global Collaboration for Sustainable Environmental Management

AMCS has acquired FigBytes to strengthen its commitment to providing Environmental, Social, and Governance (ESG) solutions globally. This partnership combines AMCS's global reach with...

UK Cracks Down on Financial Crime with Landmark Transparency Reforms

The United Kingdom has enacted significant transparency reforms to combat financial crime. The Economic Crime and Corporate Transparency Act, effective since Oct. 26, aims...

Jimmy Lai Sentenced to 20 Years Under Hong Kong’s National Security Law

Former Chinese Justice Minister Sentenced to Life for $20 Million Bribery Scheme

The philosophical puzzle of rational artificial intelligence

Chandni Nanda