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Block fined $40m as NY takes aim at fintech compliance failures
The fintech firm behind Cash App faces regulatory heat over anti-money laundering lapses and crypto oversight shortcomings.
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Binance reportedly seeks loosening of enforcement terms from Treasury
According to sources, Binance and representatives of World Liberty Financial discussed listing World Liberty’s stablecoin on Binance’s trading platform.
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Podcast: LSEG’s Anna Rosenberg contemplates the regulatory road ahead
GRIP’s US Content Manager Julie DiMauro spoke to Anna Rosenberg, Senior Manager for Government Relations at LSEG in NY.
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DOJ moves forward with Smartmatic FCPA case, despite Trump EO
The DOJ said it will continue to prosecute executives at the voting machine company Smartmatic Corp. for FCPA and AML violations.
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Canada tables new regulations on money laundering and terrorist financing
Canada introduces regulations to help prevent money laundering, terrorist financing, and sanctions evasion, and to strengthen beneficial ownership transparency.
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FINRA fines Robinhood $26m for over a dozen rules violations
Among other things, FINRA alleged that Robinhood failed to establish adequate anti-money-laundering programs or reasonably supervise and retain certain communications.
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FCA concerned about conflicts of interest at firms managing private assets
Dear CEO letter to asset managers also highlights market integrity and consumer outcomes as key supervisory priorities.
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Wealth management firm fined by FINTRAC for AML failures
Lack of written policies and oversight was at the center of the enforcement action against independent firm “considered a securities dealer” by regulator.