The benefits and challenges of cryptos together with an overview of the regulatory landscape for cryptocurrencies such as bitcoin.
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PODCAST: Compliance considerations for antitrust enforcement
The Thomson Reuters Regulatory Intelligence podcast series “Compliance Clarified” covers a wide range of topics that are relevant to compliance officers in financial services firms. Antitrust enforcement actions against technology…
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BLOG: APAC regional spotlight from Cost of Compliance 2021: shaping the future
Thomson Reuters Regulatory Intelligence has carried out its 12th annual survey on the cost of compliance focusing on the challenges the compliance functions at financial services firms around the world expect to face in the year ahead.
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Australian senators push for inquiry into money laundering laws
Labor Senator Deborah O’Neill is set to call a vote on Wednesday for a broad-ranging inquiry into the “adequacy and efficacy” of Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) framework.
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New Zealand central bank has failed on AML/CFT supervision, says FATF
The Financial Action Task Force has criticised New Zealand’s Reserve Bank for their supervision of the banking sector, despite an overwhelmingly positive national review.
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Credit Suisse board knew about cumulative risk weaknesses
The multibillion dollar losses suffered by Credit Suisse following the collapse of Greensill Capital and Archegos Capital may well rank among the most significant risk and compliance failures of the past decade.
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Speed, volume of regulatory change continue to challenge firms in Asia – poll
The pace and volume of regulatory change will be the single greatest challenges for compliance officers across the Asia-Pacific region in 2021.
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Inside AML: How Australia’s banks joined forces to break open a “cuckoo smurfing” syndicate
Australia’s world-leading Fintel Alliance has secured a major win in the fight against organised financial crime, after teaming up with state police for a “week of action” on cuckoo smurfing.
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Horror in Honduras: The Apocalyptic Alliance — a hidden world of money laundering
In this series of articles, international financial crime expert Robert Mazur explores the risks to financial institutions — and the United States as a whole — presented by the current administration in Honduras.
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Five key risks for firms 2021
2020 was a year of crisis management and 2021 looks set to be a year of learning the lessons and re-assessing the “how” as well as the “what” for firms…
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