Watchdog news and trends

BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard

July 01, 2020
The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing.

Related Trends

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

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 Cielo, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

australia, AUSTRAC, watchdog, financial regulations, anti-money laundering, AML, Westpac bank, fines, news
Australia’s Westpac Nailed For 23M AML Violations 
Security & Fraud // November 20, 2019

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulatory Body Raids Greek Banks Over Collaboration
Greek Competition Regulators Raid Banks In Collusion Probe
Banking // November 08, 2019

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 report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Swedish,Baltics, watchdog, banks, money, laundering
Swedish Watchdog To Publish Results Of Swedbank Probe In 2020
AML // August 23, 2019

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, Reuters said on Friday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing.
BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard

July 01, 2020
The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo

July 01, 2020
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 Cielo, Reuters reported. Get the...

Australia’s Westpac Nailed For 23M AML Violations 

November 20, 2019
Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock...

Greek Competition Regulators Raid Banks In Collusion Probe

November 08, 2019
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 report by Reuters.  Get the...