Tag: Financial Compliance
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RepRisk Appoints Leaders to Scale Trusted AI for Conduct Risk
RepRisk Expands Leadership to Accelerate AI-Driven Conduct Risk Transparency RepRisk, the Zurich-based provider renowned for its business conduct data, has announced two strategic executive appointments aimed at scaling its AI-powered risk solutions. The announcements come as RepRisk continues to solidify its position as a trusted data partner for the world’s leading banks and asset managers,…
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Illicit crypto-to-cash deals are unlocking new ways to launder money in Canada
Overview: A new avenue for money laundering in Canada Across Canada, concerns are mounting that illicit crypto-to-cash deals are offering new pathways for money laundering. Investigations and undercover reporting have highlighted how some crypto exchange operators and informal platforms appear willing to facilitate large purchases of digital currencies without proper registration, identity checks, or robust…
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Al Falah University Faces ED Scrutiny Over Alleged Terror Funding Links
Background: ED Opens a Forensic Look into Al Falah University The Enforcement Directorate (ED) has initiated a forensic audit of the financial records of Al Falah University, located in Dhouj, Haryana. The move comes as investigators examine possible links between the university and funding flows that authorities allege could be connected to terrorist activities in…
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PTA Takes Action: Licenses Suspended for Five LDI Operators Over Massive Dues
In a significant shake-up of the telecommunications sector, the Pakistan Telecommunication Authority (PTA) has taken decisive action by suspending the licenses of five Long Distance and International (LDI) telecom operators. This bold move comes in response to the operators’ alarming failure to settle their outstanding dues, which collectively amount to a staggering Rs80 billion. The…