Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports
- 4 months 1 week ago
- Compliance
The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 million civil penalty to settle the SEC’s charges.
ZBD Becomes First To Receive EU MiCAR License Approval
- 4 months 2 weeks ago
- Compliance
ZBD, the innovative payments company at the forefront of digital economies, today announced it has become the first company to receive approval for the new European Union (EU) crypto-asset service provider license under MiCAR (Markets in Crypto-Assets Regulation). This landmark achievement represents a major milestone both in crypto-asset regulation in the EU and in ZBD's journey to build a digital-native payments platform on top of the Bitcoin... more
Wolters Kluwer Integrates Sonicu Platform Into Simplifi 797 To Support USP Compliance
- 4 months 3 weeks ago
- Compliance
The United States Pharmacopeia’s (USP) newer compliance guidelines for compounding pharmacies include more stringent requirements for cleanroom environmental monitoring.
S-RM Shares Five Key Steps To Prepare For DORA
- 4 months 3 weeks ago
- Compliance
Leading global cyber security and investigations consultancy S-RM has identified five critical steps for financial institutions and their ICT providers to achieve compliance with the Digital Operational Resilience Act (DORA), which will enter force from 17 January 2025.
Simplifying PCI Compliance and Elevating Payment Security: IXOPAY Merges with Aperia Compliance
- 5 months 1 day ago
- Compliance
I am beyond excited to share a transformative milestone in our journey to redefine the payments industry. Today, IXOPAY proudly announces its merger with Aperia Compliance, a global leader in Payment Card Industry (PCI) validation and risk management.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 5 months 1 day ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
Innovative Systems Introduces FinScan Marketplace: A Unified AML Platform
- 5 months 2 days ago
- Compliance
Innovative Systems, Inc., a leading provider of enterprise data, compliance, and integration solutions, has launched FinScan® Marketplace, a groundbreaking platform designed to serve as a one-stop shop for anti-money laundering (AML) compliance.
Businesses Battle First-Party Fraud as Consumers Face Financial Pressures
- 5 months 3 days ago
- Compliance
While the vast majority of consumers stay honest, UK businesses still face a battle against first-party fraud as financial pressures persist – according to new data from global information and insights company TransUnion.
MAS Imposes Civil Penalty of $2.4 Million on JPMorgan Chase Bank, N.A. for Misconduct by Its Relationship Managers
- 5 months 3 days ago
- AML and KYC
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates.
Themis Launches Tathabbat: Saudi Arabia's First AML and KYF/KYC Firm to Help Protect the Kingdom's Economic Expansion
- 5 months 3 days ago
- Compliance
Themis, a global leader in financial crime prevention, announces the official launch of Tathabbat. This marks a significant step in Saudi Arabia's compliance landscape, aligning with Vision 2030 and the country's push to adopt world-class Know-Your-Finance (KYF) standards.
Wolters Kluwer Unveils Bilingual GenAI Tool in CCH® AnswerConnect for Tax Professionals in Canada
- 5 months 3 weeks ago
- Tax Authorities
Wolters Kluwer Tax and Accounting (TAA) today announced AI-enabled enhancements to
Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines
- 6 months 4 days ago
- Compliance
Broadridge Financial Solutions, Inc. (NYSE: BR), today announced the launch of Broadridge® ClearFi (“ClearFi”), a new suite of products to help financial intermediaries operating within the Digital Asset space to get out ahead of current and emerging disclosure regulations.
LoanPro Launches Smart Verify Tool for KYB/KYC and Ongoing Monitoring
- 6 months 2 weeks ago
- AML and KYC
LoanPro, the modern lending and credit platform, announced today the launch of Smart Verify, a new suite of data solutions that integrate third-party data sources into their platform for rapid identity verification and ongoing monitoring for business and consumer accounts.
Innovative Systems Expands FinScan’s KYC Solution
- 6 months 3 weeks ago
- AML and KYC
Innovative Systems, Inc., a leading provider of enterprise data, compliance, integration, and audit solutions, has expanded its Know Your Customer (KYC) technology offerings as part of its FinScan® anti-money laundering (AML) compliance solution.
fundcraft Announces Strategic Partnership With Moonfare To Revolutionise Private Equity Investing
- 6 months 3 weeks ago
- AML and KYC
fundcraft, a leading provider of digital-native fund operations, today announced that Moonfare, the world’s leading digital platform for private equity investing, is live on its solution. Moonfare seeks to democratise private equity investing. It does so by selecting the best funds from General Partners such as KKR, Carlyle, and EQT, and offering access to these funds to eligible individual investors and family offices.
