20th January 2017
British companies have reported more incidences of fraud and cyber crime than any other country in the world, behind only Colombia. Read More
19th January 2017
The business management division of the People's Bank of China (PBOC) has reportedly released the results of a previously announced inspection of domestic bitcoin trading platforms. Read More
12th January 2017
The grocer's banking arm hired PwC to examine a major security breach despite an ongoing accounting probe, Sky News learns. Read More
12th January 2017
Chinese spot checks on Bitcoin trading have hit the digital currency's value. Read More
12th January 2017
Anthony Murgio, the operator of Bitcoin exchange Coin.mx, pled guilty this week to one count each of conspiracy to operate an unlicensed money transmitting business, conspiracy to commit bank fraud, and conspiracy to obstruct an examination of a financial institution. If convicted, he could face up to 30 years in prison. Read More
11th January 2017
In June 2015, the European Union’s fourth anti-money laundering directive (“4MLD”) was enacted, with the requirement that all member states transpose the rules into national law within two years. The directive is the EU’s main instrument for preventing the misuse of its financial system by money launderers and supporters of terrorism. Read More
9th January 2017
The Dutch public prosecution office is looking at three pending cases involving the digital currency bitcoin and money laundering in 2017. Read More
4th January 2017
From 2000 to 2005 the Philippines was ‘blacklisted’ as a ‘non-cooperative’ country and subjected to significant sanctions by the Financial Action Task Force for its failure to tackle endemic problems with transparency and traceability in its financial system. Read More
30th December 2016
The New York State Department of Financial Services (DFS) on Wednesday released a revised draft of an ambitious regulation designed to protect the state and its citizens from cyberattacks against financial institutions. Read More
28th December 2016
Three Chinese citizens accused of hacking into computers of American law firms advising on company mergers have been charged with multi-million dollar cyber fraud in New York. Read More