8th June 2016
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Oppenheimer & Co. Inc. $2.25 million and ordered the firm to pay restitution of more than $716,000 to affected customers for selling leveraged, inverse and inverse-leveraged exchange-traded funds (non-traditional ETFs) to retail customers without reasonable supervision, and for recommending non-traditional ETFs that were not suitable. Read More
8th June 2016
The Ministry of Financial Services, Good Governance and Institutional Reforms will introduce the Financial Crime Commission Bill into the National Assembly before the end of the year to provide for the creation of the Financial Crime Commission. Read More
8th June 2016
Dubbed "the General", Mered Medhanie is alleged to have led a multi-billion dollar empire which specialised in people-smuggling. Read More
8th June 2016
The Monetary Authority of Singapore (MAS) announced today that it will make it easier for start-ups and Small and Medium Enterprises (SMEs) to access securities-based crowd-funding (SCF) in two ways. Read More
8th June 2016
A senior U.S. senator said on Tuesday he would like to pass legislation to extend expiring sanctions on Iran and enable Congress to quickly enact new ones if necessary over the country's ballistic missile tests. Read More
8th June 2016
ANZ Bank’s most senior in-house legal adviser, Bob Santamaria, told the bank’s board it was an option to not report alleged evidence of fraud and criminal behaviour on the part of its clients, the Oswals, as it might make the bank an unsecured creditor for the bulk of the hundreds of millions of dollars owed to it, a court was told today. Read More
8th June 2016
Some U.S. financial advisers are so fed up with regulatory red tape, they may opt for early retirement, the head of Boston Consulting Group's wealth management group said Tuesday. Read More
8th June 2016
Pledge made as Beijing and Washington agree at annual dialogue to greater cooperation against graft and resolving differences in Asia-Pacific peacefully Read More
8th June 2016
Akamai Technologies Inc. will pay more than $670,000 to avoid prosecution over bribes that an employee paid to Chinese government officials, the Securities and Exchange Commission said Tuesday. Read More
8th June 2016
A former head of the International Cricket Council's anti-corruption unit has questioned comments by former New Zealand captain Brendon McCullum, who labelled the unit's approach as casual. Read More