by Jyotsna Bucktowar | Nov 15, 2024 | News
FinCEN issues an alert to financial institutions on fraud schemes involving deepfake media created with generative AI tools. The alert provides guidance on identifying suspicious activity, including fraudulent identity documents, and emphasises reporting…
by Jyotsna Bucktowar | Oct 11, 2024 | News
US DOJ seizes over US $6m in suspected proceeds from a cryptocurrency confidence scheme. These schemes typically involve criminals manipulating potential victims via misdirected texts or dating apps, leading them to fake investment platforms…
by Jyotsna Bucktowar | Oct 10, 2024 | News
IOSCO announces Final Report on Investor Education on Crypto-Assets, highlighting risks such as volatility and potential fraud associated with crypto investment. The report also describes some changes in the regulatory landscape of certain IOSCO…
by Jyotsna Bucktowar | Oct 9, 2024 | News
FATF’s update on Kuwait’s AML/CFT measures shows investigative progress but emphasise the need for better case understanding, prosecution, and asset-freezing enforcement. uwait has increased ML investigations, but challenges remain in securing…
by Jyotsna Bucktowar | Sep 28, 2024 | News
G7 issues its first joint Industry Guidance, aimed at preventing Russia from circumventing export controls and sanctions. It outlines best practices for industry to use to address these red flags and conduct enhanced due diligence…
Recent Comments