Jeweler Faces Charges for Alleged Neglect of Anti-Money Laundering Measures by Daisy Mae D. 05/07/2024 A jeweler operating at People's Park Complex in Chinatown faced charges in court on Tuesday for allegedly neglecting...
New AML Whistleblower Program Aims to Combat Money Laundering in Sports by Daisy Mae D. 05/07/2024 In the absence of centralized legislation governing the sports industry, concerns about sophisticated money laundering schemes have emerged,...
Swiss-Asia Financial Services Faces S$2.5 Million Fine for Regulatory Breaches by Daisy Mae D. 05/07/2024 The Monetary Authority of Singapore (MAS) has imposed a fine of S$2.5 million on Swiss-Asia Financial Services for...
FinCEN Head Comments on New AML Whistleblower Program by Daisy Mae D. 05/07/2024 The passing of the Anti-Money Laundering (AML) Whistleblower Improvement Act in December 2022 has drawn attention from whistleblower...
Luxury Consignment Market Sees Growth Driven by Increased Secondhand Purchases by Daisy Mae D. 05/07/2024 The RealReal, an online luxury resale marketplace, has reported a 13% year-over-year increase in consignment revenue in its...
UK, US, and Australia Sanction Russian Cybercriminal Linked to LockBit Ransomware Group by Daisy Mae D. 05/07/2024 UK, US, and Australia jointly announced sanctions against a Russian individual allegedly linked to cybercriminal activities. The sanctioned...
RUSI and OCCRP Collaborate to Address Sanctions Evasion by Daisy Mae D. 05/07/2024 On May 7th, RUSI introduced a new policy brief aimed at examining the ways professional service providers may...
Artificial Intelligence’s Role in Financial Trading Under Scrutiny by Bank of England by Daisy Mae D. 05/07/2024 The Bank of England has expressed concerns regarding the increasing use of artificial intelligence (AI) in financial trading,...
Overview of Leading AI Companies and Their Market Performance by Daisy Mae D. 05/07/2024 Artificial intelligence (AI) continues to shape various industries, with several companies at the forefront of this technology reaping...
Luxury Brands Navigate Trade Tensions During Xi Jinping’s Visit to France by Daisy Mae D. 05/07/2024 During Chinese President Xi Jinping's visit to France, concerns arise among luxury brands regarding trade tensions between the...
Advancements in Traceability Technologies Bolster Security Against Counterfeit Pharmaceuticals 03/20/2024