Prevent financial crime with real-time compliance monitoring
Since COVID, financial criminals have been on a rampage. FINCEN’s recent research shows rising cases of elder financial exploitation, identity-related suspicious activity, and the explosion of the ransomware landscape. In fact, impersonation fraudsters committed cybercrimes to the tune of $893 million across 2020 and 2021 through business email compromise (BEC).
Regulatory Wrap episode 66: The FCA vs. market abuse
In Regulatory Wrap for the week to July 18, Aarti Agarwal discusses how the FCA has ramped up efforts to tackle market abuse and protect integrity.
The Conduct Chronicles – ‘Lessons from the Farage Bank Account Furore’
Emma Parry reviews the Farage bank closure as a signal for banks to ensure they have proper data retention tools in place, clear rationales and compliance with Consumer Duty obligations to ensure they are prepared for any regulator investigations and good consumer outcomes.