Financial Crime
Companies are subject to constantly evolving internal and external threats. Explore the latest financial crime developments ― to help armour businesses against harm.
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25 results
Digital Assets
Central banks should launch CBDCs to ensure economic stability — report
Central banks should continue to develop sovereign digital currencies for the sake of economic stability, according to a new report,...
UK Regulation
UK competition watchdog to have final say on big tech dominance of digital wallets
The Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) are to leave the decision on whether to intervene...
Financial Crime
Barclays faces second financial crime investigation in three years
Barclays is facing its second financial crime investigation in the UK in three years, the bank has revealed in its...
Financial Crime
US debanking laws, politics complicate financial crime compliance
New state “anti-debanking” laws, as well as congressional investigations into the alleged “weaponisation” of agencies that police banks’ anti-money laundering...
Financial Crime
US cheque theft surge requires better anti-fraud controls, education
Losses stemming from cheque fraud topped $21 billion in 2023, driven by an increase in cheque theft. The surge requires...
Financial Crime
Dating sites and social media platforms are on PSR watchlist
Dating websites and social media platforms are under scrutiny as “originators” of fraud, according to the UK Payment Systems Regulator...
Financial Crime
Ransomware’s return prompts UK to survey cyber insurance market
An increase in ransomware attacks has prompted the UK’s Department for Science, Innovation and Technology (DSIT) to commission a survey...
Regulatory Reform
UK corporate register shows 181 central banks, only 3 of which are real
The UK corporate register, Companies House, lists 181 companies that classify themselves as carrying out central banking activities — one...
