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Wise settles multi-state allegations of inadequacies in AML/CFT program
The regulators’ collaboration in this action aimed to ensure a “fair, transparent and resilient financial system that protects consumers.”
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Decrypting the dialogue – the SEC’s statements during crypto roundtables
Roundtables on tokenization, custody, DeFi, trading, and classification offered early indicators of regulatory intent.
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FDIC releases 2025 Consumer Compliance Supervisory Highlights
The report noted a 14% increase in total customer complaints from 2023.
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DOJ’s Antitrust Division announces new whistleblower rewards program
Antitrust offenses include price-fixing, bid-rigging, and market allocation; this program seeks to reward whistleblowers for original tips about such violations.
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DOJ’s new era in white-collar enforcement under Trump
Criminal Division’s priority will be to combat fraud including: healthcare, trade and customs, elder, and securities; and national security threats.
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FCA fines Monzo £21m for opening new accounts despite ban
The FCA has said it was obvious that some customers were too “high risk” to be allowed to open an account at Monzo.
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ICC calls for smarter and more agile regulation from the FCA & PRA
The call comes as UK regulators face intense pressure from the government and the parliament to do more on economic growth.
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OCC flags rising risks and innovation challenges in federal banking system
The OCC’s latest risk report warns of rising fraud, cyber threats, and compliance pressures …