Taiwan and Other Regions 5/9

Oct 14, 20242 min read

FCA fines Starling Bank £29m for failings in their financial crime systems and controls

Starling grew quickly, from approximately 43,000 customers in 2017 to 3.6 million in 2023. However, measures to tackle financial crime...

Oct 14, 20241 min read

Japan’s FSA Simplifies Crypto Rules for Non-Custodial Wallets

Japan’s Financial Services Agency (FSA) has said that non-custodial wallet services using authentication technology are not crypto asset...

Oct 14, 20244 min read

Eighteen individuals and entities charged in international operation targeting widespread fraud and manipulation in the cryptocurrency markets

Eighteen individuals and entities have been charged for widespread fraud and manipulation in the cryptocurrency markets. Charges were...

Oct 14, 20243 min read

TD Bank fined $3bn in historic money laundering settlement

TD Bank, one of Canada's biggest lenders, has agreed to pay more than $3bn (£2.3bn) and pleaded guilty to criminal charges in the US...

Oct 7, 20243 min read

Tether and DOJ collaborate to reclaim millions from deceptive crypto schemes

Concerns over the cryptocurrency space have intensified following the recent sanctions placed on the cryptocurrency exchange network...

Oct 7, 20242 min read

Report: TD Bank in Talks About Money Laundering Plea

TD Bank is reportedly close to a possible plea related to its anti-money laundering measures. The Canadian bank is in discussions with...

Oct 7, 20242 min read

CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg

BlackRock and Franklin Templeton could see tokenized shares of their money-market funds traded as collateral by the end of the year. The...

Oct 7, 20242 min read

Ethereum based crypto mixer Tornado Cash founder to face trial on alleged money laundering

Tornado Cash co-founder Roman Storm is set to face trial on money laundering charges as a US federal judge denies motion to dismiss the...

Sep 30, 20242 min read

Germany closes 47 crypto exchanges over money laundering concerns

The Federal Criminal Police Office in Germany and the Central Office for Combating Internet Crime led the operation, which targeted...

Sep 30, 20244 min read

Asian Development Bank eyes global rollout of TBML pilot

The Asian Development Bank is set to scale up a novel system for how banks report trade-based money laundering (TBML) globally, following...