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Crypto Firms Assess How to Comply With Anti-Money-Laundering Standards

The cryptocurrency industry is rushing to comply with new anti-money-laundering standards that require exchanges and other firms to share information… Read More

Bankers or Mobsters Becomes Question in German Cum-Ex Tax Probe

Germany’s biggest tax scandal has landed the masters of the financial universe with an unflattering label: criminal organizations. It’s an allegation not leveled by finger-wagging populist crusaders, but prosecutors seeking to push their case beyond a probe of lost revenue. Now two dozen financial institutions caught up in the so-called… Read More

FINRA hands J.P. Morgan Securities $1.1 million ‘traffic ticket’ for failing to report 89 potential criminal cases

FINRA is fining J.P. Morgan Securities $1.1 million for failing to report 89 internal investigations against its advisors and employees between 2012 and 2018. The timeline covers the period of time when former JPMorgan financial advisor Johnny Burris began whistleblowing about product pushing and other alleged problems at the bank. Read More