Finance

Tony McClements welcomes the UK’s new COVID fraud asset recovery team but raises concern about efficiency and effectiveness.

The changes are billed as common-sense measures designed to save businesses more than £450m ($609m) a year.

FINRA enforcement activity covering August 22 – September 4.

Key personnel moves across the regulated industries that we cover.

The growing number of such scams, FinCEN said, are largely perpetrated by transnational criminal organizations operating “industrial-scale scam compounds” with networks of criminal actors.

Our pick of the latest crypto stories.

Kadas spoke of AI’s ability to identify more relevant communications, and further investigations that someone at the bank would need to perform.

Our in-brief roundup of notable stories from the last week.