Kicking off the AML collaboration between sports clubs, banks and regulators #AML #KYC #moneylaundering #antimoneylaundering #knowyourcustomer #compliance #duediligence https://www.arachnys.com/kicking-off-the-aml-collaboration-between-sports-clubs-banks-and-regulators/#.X7-BDhQogJQ.twitter
Regulator fines JP Morgan Chase unit for weak risk-management practices and an insufficient framework for avoiding conflicts https://www.wsj.com/articles/jpmorgan-chase-unit-to-pay-250-million-penalty-over-poor-internal-controls-11606255474?reflink=desktopwebshare_twitter via @WSJ
Arizona prosecutors uncover major money laundering scheme between a regional Wells Fargo branch and a Mexican drug cartel. With the branch manager opening as many as 89 fraudulent 'smurf' accounts with dozens of conspirators. Read more >
https://bit.ly/3fv2S4v
#aml #smurfs
Fines Less of a Concern than Reputational Damage for Public Sector Security https://www.infosecurity-magazine.com/news/fines-reputation-public/#.X75NDJZ7Vyc.twitter #Cybersecurity #Business #DataBreach #DataLeak #DataSecurity #DataProtection #InfoSec #Security #CyberAwareness
For the AML community, Brexit raises challenges around alignment. Will the UK align to 6AMLD, and could the UK viewed as a 'third country'? We examine the uncertainty >
https://bit.ly/2J6ZjFv
#6amld #brexit #aml #compliance
What does the increasing volume of digital attacks in industrial environments mean for CEOs and their personal responsibility for cyber-physical security incidents?
Saif Shariff considers the implications
https://www.tripwire.com/state-of-security/risk-based-security-for-executives/ceo-personally-liable-cyber-physical-security-incidents/
#cybersecurity
#CrownResorts ‘failed’ to take #moneylaundering red flags seriously http://www.heraldsun.com.au/business/breaking-news/news-story/622884cdb7e5fa943ca8ca64be522125
Britain's fintech industry braces for a no-deal Brexit as transition deadline looms https://cnb.cx/3p6WSTX
UN is not obliged by any legal framework including #GDPR to disclose information about #databreach. #respectdata https://www.cpomagazine.com/cyber-security/un-admits-data-breach-from-unpatched-sharepoint-vulnerability/?utm_campaign=coschedule&utm_source=twitter&utm_medium=cpomagazine&utm_content=UN%20Admits%20Data%20Breach%20From%20Unpatched%20SharePoint%20Vulnerability
