watchdog

BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard
BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard
July 01, 2020  |  Security & Fraud

The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing. Felix Hufeld, head...

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Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

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Australia’s Westpac Nailed For 23M AML Violations 
Australia’s Westpac Nailed For 23M AML Violations 
November 20, 2019  |  Security & Fraud

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). The country’s financial crime...

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Greek Competition Regulators Raid Banks In Collusion Probe
Greek Competition Regulators Raid Banks In Collusion Probe
November 08, 2019  |  Banking

An independent competition authority in Greece has raided a number of major Greek banks over an investigation into collaboration between the institutions, according to a...

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Swedish Watchdog To Publish Results Of Swedbank Probe In 2020
Swedish Watchdog To Publish Results Of Swedbank Probe In 2020
August 23, 2019  |  AML

There won’t be any answers until next year regarding the ongoing investigation of the Swedish Financial Supervisory Authority (FSA) and money laundering in the Baltics,...

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NYC Scrutinizes eProcurement Deal With Ivalua
NYC Scrutinizes eProcurement Deal With Ivalua
June 07, 2019  |  B2B Payments

New York City Comptroller Scott Stringer is scrutinizing the city’s $47 million contract with Ivalua to develop an eProcurement system after a previous report uncovered...

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UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

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EU Report Calls For Finance Authorities, AML Oversight
EU Report Calls For Finance Authorities, AML Oversight
February 27, 2019  |  Regulation

European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation of tax and...

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Denmark Distances Financial Reg From Banks
Denmark Distances Financial Reg From Banks
January 02, 2019  |  Regulation

Denmark, still recovering from a $230 billion money laundering scandal at Danske Bank, is going to propose new ways for its financial regulator to stop...

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