Tags » Compliance

AML controls built to fail

Increasingly, regulators are holding financial institutions responsible for their compliance failures. According to Joshua Fruth, the current industry detection logic is flawed and inefficient at detecting financial crime. 168 more words


A Closer Look: Revived Corruption Charges Against Zuma

In a televised address, Mr. Shaun Abrahams, the national director of public prosecutions at the National Prosecuting Authority (NPA) in South Africa, announced that he would be reviving 16 charges against the former South African President, Mr. 382 more words

News regarding DOL Fiduciary Rule

Yesterday, March 15, 2018, the U.S. Court of Appeals for the 5th Circuit voted 2-1 to vacate the DOL Fiduciary Rule.  HOWEVER,  the effect of the decision only applies to the following three states within the 5th Circuit’s jurisdiction – Louisiana, Mississippi, and Texas. 37 more words

France to Sue Apple and Google Over Unacceptable Practices — The Resilience Post

The French government said Wednesday that it would take Google and Apple to court over “abusive business practices” against smaller rivals, threatening fines that could further strain transatlantic ties as fears of a trade war grow. 45 more words

Business & Trade Related

Private Lending and Licensing - Round Two.

The Florida legislature kicked off its legislative session by introducing Florida Senate Bill 894 and House Bill 935, legislation that could cover private mortgage lenders. 274 more words


Routine teaching case

“Insider Trade Alleged After Equifax Breach,” The Wall Street Journal, March 15, 2018 B1.  The CIO of an Equifax unit indicted for insider trading after learning of the Equifax hack, but before that information was disclosed.  118 more words