12th April 2016
The U.S. Commodity Futures Trading Commission (CFTC) today settled charges against Nathan Schleifer of New York City, and his company, Galileo Trading, LLC (Galileo), for fraudulently soliciting customers to trade commodity futures and for repeatedly making numerous false statements and material misrepresentations to the National Futures Association (NFA) regarding their trading practices. Read More
12th April 2016
The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Brian Hinman for aiding and abetting Kevin G. White’s Texas-based entities’, RFF GP, LLC and KGW Capital Management, LLC, fraudulent solicitation of participants in a foreign currency exchange pool named Revelation Forex Fund, LP. Read More
12th April 2016
The Financial Conduct Authority (FCA) has banned Paul White from performing any function in relation to any regulated financial activity and publicly censured him. Were it not for Mr White’s serious financial hardship, the FCA would have fined him £250,000. Read More
Following last month’s research paper expanding on AML expert Anu Ratan’s analysis of FCA/FSA enforcement actions, KYC360 brings you a further exclusive paper, building on Anu Ratan’s analysis of common themes found in US regulatory actions over the past decade. Click here to see the special report… Read More
6th April 2016
China has said is restricting trade with North Korea, announcing bans on gold and some coal imports and jet fuel exports, in line with UN sanctions. Read More
4th April 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by the CFTC’s Whistleblower Program to date and the… Read More
31st March 2016
The Mauritius FSC has revoked the Investment Dealer (Broker) Licence and Category 1 Global Business Licence of CityGate Securities.  The licences had been suspended since 21 July 2015.  Click here to download the associated public statement… Read More
31st March 2016
BRUSSELS/KUALA LUMPUR, – Luxembourg’s state prosecutor has launched a judicial inquiry into allegations of money laundering involving hundreds of millions of dollars against Malaysia’s sovereign wealth fund 1Malaysia Development Bhd (1MDB). Read More
29th March 2016
[MANILA] Kim Wong, the Philippine gambling junket operator whom a lawmaker has dubbed the 'missing link' in the cyber heist of US$81 million in Bangladesh central bank funds, will testify Tuesday before a televised Senate committee meeting. Read More
25th March 2016
Bucharest — A Romanian court has sentenced a former minister and a former mayor to prison for money-laundering, influence-peddling and taking bribes. Read More