International

Enforcement

Two Ex-Deutsche Traders Convicted in Spoofing Case

By Sanday Chongo Kabange | 29/09/2020

The two former traders were found guilty of fraud charges for their respective roles in manipulating gold and silver futures prices.

AML / KYC

US Law Firms Look to Capitalise from FinCEN Files

By Editors | 29/09/2020

US law firms are inviting investors to participate in class actions if they lost money in HSBC and StanChart stock following the release of the FinCEN Files.

AML / KYC

GLEIF Defines New Framework to Simplify, Accelerate LEI Issuance

By Manesh Samtani | 29/09/2020

Many of the labor intensive and time-consuming procedures performed to obtain an LEI are the same as those performed by the FI during onboarding.

AML / KYC

The New Cold War Is Financial

By Tom Keatinge | 29/09/2020

Banks and financial infrastructure are emerging as an expanding front in geopolitics, writes RUSI’s Tom Keatinge.

AML / KYC

Crypto Industry Responds to FATF Red Flag Report

By Nathan Smale | 28/09/2020

New guidance from the FATF has been welcomed by the crypto industry, despite the compliance challenges it presents, writes Nathan Smale at Emfarsis.

ESG / Sustainability

New Guidance on Integrating Climate Change in Investment Process

By Editors | 28/09/2020

CFA Institute says 75% of global C-level executives in the investment industry believe climate change is important, but only 40% incorporate it in their investment process.

Crypto / Digital Assets

EU Unveils Digital Finance Strategy, Crypto-asset Framework

By Manesh Samtani | 27/09/2020

The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.

Securities / Derivatives

EU Sets Out Action Plan to Achieve Capital Markets Union

By Editors | 27/09/2020

The Action Plan seeks to make financing more accessible to European companies and integrate national capital markets into a genuine single market.

AML / KYC

Gaming Out Sanctions Risk

By Eric A. Sohn | 27/09/2020

Sanctions specialist Eric Sohn explains how wargaming exercises can be used as a risk management tool to game out threats and enhance strategic planning.