Compliance Financial News

14.04 / 11:35

Blockchain UPS Digital VISA Platform compliance Floin Tackles Crypto Compliance by Embracing it: Why More Projects Should Follow Suit?

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

12.04 / 17:47

UPS Citi compliance City firms ramp up compliance spend to monitor messaging apps

The majority of financial services firms are spending more to monitor staff as they expect increased risk-taking through the market downturn.

05.04 / 23:05

UPS Career compliance Marshall Wace’s compliance boss urges female hedge fund managers to ‘seek out other women’

Marshall Wace’s chief compliance officer Courtney Lewis grew up in a family of psychotherapists.

27.03 / 14:31

business Government Blockchain Technology Adoption regulation AML compliance Top 7 legal and compliance jobs in the crypto market

Cryptocurrencies are a rapidly growing market that is changing how people invest, buy and sell goods and services, and transfer money. However, with the growth of this market comes an increasing need for legal and regulatory compliance, particularly concerning issues such as money laundering, fraud and data protection.

23.03 / 17:25

compliance Credit Suisse’s European investment bank compliance chief to depart

Credit Suisse's head of compliance for its UK and European investment bank is set to depart during a critical period for the Swiss lender as it prepares to complete its takeover by rival UBS.

22.03 / 09:23

regulation Department Of Justice Scams Fraud Money laundering FBI Extradition compliance OneCoin head of compliance facing 40 year sentence after US extradition

United States federal prosecutors have charged a former executive of the fraudulent cryptocurrency scheme OneCoin for her role in the operation, who now faces up to 40 years in prison after being extradited from Bulgaria.

09.03 / 14:49

regulation Tax Investment DAO compliance Crypto Payroll Firm Toku Raises $20 Million Amid Industry-Wide Shift Towards Compliance

Toku, a startup specializing in token-based payroll and tax compliance, has successfully raised $20 million in funding. The company's unique approach is designed to assist crypto businesses in maintaining regulatory compliance amidst increased scrutiny from regulators. With its innovative solutions, Toku aims to provide a much-needed helping hand to the crypto industry during these uncertain times.

27.01 / 11:03

compliance Wells Fargo chief bags $24.5m despite compliance troubles

Wells Fargo kept its chief executive’s pay flat last year while he dealt with the bank’s extensive regulatory problems.

24.01 / 18:53

Kraken compliance Kraken ends months-long search for new compliance chief

Cryptocurrency exchange Kraken said it named CJ Rinaldi as its new chief compliance officer, hiring him from rival Blockchain.com, as it continues to revamp its compliance program after a sanctions violation settlement amid increasing regulatory scrutiny of the crypto sector.

24.01 / 14:45

Stablecoin regulation Bitwise compliance Bitwise Chief Compliance Officer Predicts Stablecoin Legislation to Arrive This Year – Will This Be Beneficial for the Crypto Industry?

Katherine Dowling, General Counsel and Chief Compliance Officer at the crypto index fund provider Bitwise Asset Management, argued that US Congress would move to regulate stablecoins this year - as the first step towards the crypto industry regulation.

23.01 / 16:55

business Mining NASDAQ stocks Bitcoin Bitcoin Miner compliance Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule

Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq.

18.01 / 15:23

veteran compliance Deutsche Bank taps Barclays veteran for compliance head role

Deutsche Bank tapped a veteran of Barclays and American Express to be its new chief compliance officer and reshuffled other positions as the German lender works to revamp its compliance programs in the wake of several regulatory investigations in recent years over its business conduct and compliance controls.

12.01 / 12:41

cryptocurrency Web3 Zebpay compliance Former ZebPay CEO launches crypto tax compliance start-up TaxNodes

Former ZebPay CEO Avinash Shekhar on January 12 announced the launch of his Web3-based crypto tax compliance start-up TaxNodes, aimed at simplifying the tax computing process. Additionally, it will also help crypto exchanges increase their internal controls and automate reconciliation and accounting.

06.01 / 19:23

business Binance sanctions compliance Binance joins association to address compliance with global sanctions

Binance has become one of the first crypto firms to join the Association of Certified Sanctions Specialists, ACSS, in an effort to stay in compliance with global sanctions.

05.01 / 16:11

UPS Citi compliance City bosses brace for compliance headache as new German ESG supply chain law kicks in

A new German law mandating strict ESG audits of supply chains looks set to hit City firms with Germany-based offices, as well as other major UK companies, legal experts warn.

04.01 / 21:37

coinbase settlement Coinbase stock compliance Coinbase stock jumps after $100m settlement over compliance failures

Coinbase Global agreed to a $100m settlement with the New York Department of Financial Services over failures in the cryptocurrency broker’s compliance program.

22.11 / 01:43

Digital regulation Nov banking committee compliance Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline

Chairman of the United States Senate Banking Committee Sherrod Brown and three other Democratic committee members sent letters Nov. 21 to federal officials and to Anthony Noto, president of SoFi Technology. They expressed concern about the online bank’s efforts to conform to Federal Reserve Board requirements and nonbank digital asset trading activities conducted through SoFi Digital Assets.

05.11 / 10:15

Ethereum us government censorship Upgrade OFAC compliance Ethereum inches even closer to total censorship due to OFAC compliance

Considering that protocol-level censorship is deterrent to the crypto ecosystem's goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks.

28.10 / 23:11

UPS compliance IRS Says Tax Compliance Rising, but Hundreds of Billions Still Go Uncollected

WASHINGTON—Americans paid a greater share of the taxes they owe in recent years, according to new estimates from the Internal Revenue Service.

27.10 / 09:39

compliance Credit Suisse names former Goldman Sachs exec Nita Patel as chief compliance officer

Credit Suisse has named Nita Patel as its chief compliance officer — the third executive to take the role within two years — adding another Goldman Sachs alumni to its upper ranks.

24.10 / 15:13

Digital Currency regulation Bitcoin compliance S. Korean watchdog goes after crypto whales to ensure AML compliance

South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using digital assets.

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