Compliance Financial News

22.12 / 03:07

JPMorgan SPY Fine compliance JPMorgan’s WhatsApp fine shows compliance nightmare as banks spy on traders — Here’s what you need to know

JPMorgan's $200m in fines to the US banking regulator for failing to keep track of workers' use of personal messaging apps are a sign that banks won't get a free pass in keeping tabs on workers during the pandemic.

17.12 / 17:03

Law Stablecoin Congress hearing compliance Senate hearing on stablecoins: Compliance anxiety and Republican pushback

On Dec. 14, the United States Senate Banking, Housing and Urban Affairs Committee held a hearing titled “Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?” The testimonies, both spoken and written, focused largely on the last two issues, as anxieties over Know Your Customer compliance and the U.S. dollar inflation threat dominated the discussion.

12.12 / 00:25

Government Blockchain Bitcoin compliance From NFTs to CBDCs, crypto must tackle compliance before regulators do

Each year that we get a little further away from Satoshi Nakomoto’s whitepaper, crypto becomes more popular than ever, breaking more barriers — not just in sheer enthusiasm, but in mainstream acceptance. From nonfungible tokens (NFTs) to the Metaverse, 2021 was the year of crypto, even following a decade where just about every other year could make the same claim.

10.12 / 22:57

Blockchain Provident BTC Bitcoin network compliance Chainalysis to offer compliance solution for Lightning Network transactions

Adoption of the Lightning Network, which launched in 2018, has risen at a comparatively faster pace in 2021. Lightning Network introduces greater scalability to the Bitcoin ecosystem, ergo, enabling more commerce-based use cases. Not so surprisingly, the number of nodes on the network grew by 68% last year, according to data by Bitcoin Visuals.

07.12 / 19:12

Citi VISA Platform compliance Citi, Visa, AmEx invest in crypto-compliance platform TRM Labs

TRM Labs' platform combines cross-chain data with threat intelligence, advanced analytics, and intuitive visualisations to help organisations detect crypto fraud and financial crime. Circle, FTX US and MoonPay are among the firms that use the technology to detect suspicious activity and meet AML regulatory requirements.

06.12 / 15:19

Forecast NFT defi Trading services compliance Crypto Exchanges in 2022: More Services, More Compliance, and Competition

For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future.

30.11 / 03:09

compliance KPMG-audited fund reported to FCA for years-long compliance failure in UK arm

Aquila Capital, a German fund group audited by KPMG, has become the subject of a whistleblower report to the Financial Conduct Authority after a breach of the UK's pension rules, as has one of the firm's senior staff.

25.11 / 17:57

Binance Sport expansion compliance Binance Must Intensify AML Compliance For Paris Expansion - French Regulator

French financial sector regulator Autorité des Marchés Financiers (AMF) has announced that crypto exchange Binance needs to intensify its efforts to ensure anti-money laundering compliance if it wants the agency’s backing for its plans to launch a regional registered office in the country's capital.

20.11 / 14:41

Blockchain UPS Kraken Monero Regulatory compliance compliance regulatory Kraken to delist Monero, cites regulatory compliance issues in the UK

At a time when speculative joke-coins like Shiba Inu and Floki Inu are being listed by top exchanges, others are being delisted for issues regarding security and compliance. The world’s eighth-largest cryptocurrency exchange Kraken has dropped top privacy coin, Monero. They cited regulatory compliance as the reason behind the delisting.

12.11 / 11:03

Williams JPMorgan Gap compliance Ex-JPMorgan exec says she was fired for flagging concerns on compliance issues

A former JPMorgan compliance executive has sued the bank for retaliation, saying it fired her after she pointed out gaps in its anti-corruption controls and raised concerns about what she believed were misrepresentations to regulators.

08.11 / 21:45

cryptocurrency defi Crypto Exchange compliance ASTRA Protocol and Squire Patton Boggs Partner on Crypto Compliance for Institutional Investors

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

05.11 / 13:50

Blockchain UPS Provident compliance Blockchain hires ex-Deutsche Bank exec as compliance chief

Blockchain.com, which provides a variety of cryptocurrency services to individual investors and institutional clients, has hired its first chief compliance officer as it looks to keep up with rapid growth while developing legal frameworks for its business.

28.10 / 15:55

business Tether Bitfinex Bitcoin testing compliance Crypto exchange Bitfinex testing new AML compliance tool

Cryptocurrency exchanges Bitfinex is preparing to test out a new Anti-Money Laundering (AML) tool on its platform.

Compliance Financial News

popular questions about compliance

What is compliance and why is it relevant?

Where can I find the latest updates on compliance?

How can I verify the accuracy of information on compliance?