All Financial Crimes articles
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WebinarHow Financial Services Companies Can Protect Themselves Against Financial Crime
Webinar produced by GRC World Forums in association with Exterro
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FeatureThe Complex World of NFTs and Financial Crime
Non-fungible tokens (NFTs) are perhaps best known as a way to assign digital “ownership” to pictures of cartoon monkeys. But a new report from Elliptic claims that NFT-based platforms are being used to launder millions of dollars of illicit funds.
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FeatureGambling Firms’ Inadequate Systems and Processes Lead to £17m Money-Laundering Settlement
Gambling business Entain Group reached a £17m settlement with the Gambling Commission on Wednesday after an investigation found numerous failings around social responsibility and anti-money laundering (AML) compliance.
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WebinarAfter the attack: There’s No Place for Guesswork in Cyber Attack Investigations (Nordic Benelux region)
You can’t ignore the headlines. We have seen that any organisation, at any time, can suffer a cybersecurity attack, resulting in a devastating data breach. It’s a question of “when” rather than “If”
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WebinarHow OSINT can be used to investigate environmental crimes
In this webinar, we will shine a spotlight on environmental crime: one of the 22 crimes named in 6AMLD’s expanded list of predicate offences.
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VideoThe Network-Centric Approach to Identifying Risk
Recent events such as the Pandora Papers have highlighted the importance of being able to identify increasingly complex criminal networks. Blackdot will explore what a network-centric approach means, where it can be useful, and how it looks in action.
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NewsNew operation to protect next generation EU recovery funds
Launched at Europol, Operation Sentinel will contribute to a concerted response to an expected fraud wave.
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NewsFCA warns of hybrid working practices
The UK’s financial regulator, The Financial Conduct Authority (FCA) has released a new guidance on remote or hybrid working expectations for firms.
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NewsEuropol shuts down network selling fake financial services
Law enforcement and judicial authorities from Bulgaria, Cyprus, Germany, the Netherlands and Ukraine, supported by Europol and Eurojust, teamed up against an organised crime group involved in binary fraud.
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NewsPhishing scams via SMS on the rise
A new financial crime report has discovered a rise in phishing scams conducted via text message, an act known as smishing.
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NewsBiden administration mulls executive order on crypto oversight
In an effort to tighten regulations on cryptocurrencies, the Biden administration is considering an executive order on the new asset class.
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NewsVAT fraud with cash registers uncovered in Germany
More than 300 Italian restaurants in Germany reportedly used manipulated cash registers to avoid taxes.
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NewsUS announces national cryptocurrency enforcement team
The United States Department of Justice (DOJ) has created a new task force to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency.
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NewsNatWest pleads guilty to money laundering failings
Britain’s NatWest bank has pleaded guilty to failing to prevent the laundering of nearly £400m.
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NewsBrazil to tighten penalties for crypto-related financial crimes
Brazil’s Special Committee of the Chamber of Deputies has approved a bill to crack down on cryptocurrency crimes, with focus specifically on individuals or groups who use cryptocurrency to launder money in Brazil.
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NewsSingapore builds digital platform to combat money laundering
The Monetary Authority of Singapore (MAS) is developing a digital network that will allow banks to share information on customers and transactions in order to combat money laundering, proliferation financing and terrorism financing.
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EventDon’t miss! FinCrime Global - 27-28 October
In three weeks, GRC World Forums kicks off FinCrime Global with another two-day live and on-demand livestream experience.
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NewsCryptocurrency from at least 6,000 customers stolen, Coinbase announces
Coinbase has sent out breach notification letters to at least 6,000 customers notifying them that their funds have been stolen by hackers.
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NewsNew fraud hotline launched in UK
In a new pilot scheme to combat the surge in financial crimes consumers can now phone 159 to be connected to their bank and receive advice.
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NewsHalf of regulated firms report rise in financial crime
According to new data from SmartSearch, almost half of firms in the financial services in the UK have reported increasing levels of financial crime over the past year.