(Reuters) - The Hong Kong Monetary Authority (HKMA) said on Friday that it had fined the Hong Kong branch of JPMorgan Chase & Co (JPM.N) HK$12.5 million ($1.60 million) and reprimanded it for breaching anti-money laundering and counter-terrorist financing rules.
Cybersecurity is a major challenge for everyone – companies and individuals alike. But it can be a particularly big challenge for those in the financial industry. After all, it isn’t just firm data at risk—customer data and customers’ life savings may be at stake.
WASHINGTON (AP) — The email caught the executive at a small company by surprise one morning in 2016. The company’s owner, or so he thought, was requesting a money transfer to pay for supplies from a new vendor.
New York (CNN Business) Over the past two years, Wells Fargo has faced numerous lawsuits and government investigations stemming from a cascade of business scandals. On Friday, it took a step to put one batch of accusations behind it. The bank agreed to pay $575 million to all 50 states and the District of [...]
Our largest IMTC Conference made its home in Miami, which offers people from, North America, Latin America, the Caribbean and Europe, an attractive and inexpensive travel destination. Every year more attendees from Middle East, Asia & Africa are attending after attending our smaller regional events.
Lagos is Africa ‘ s leading city as the most populous on the African continent one of the fastest growing cities in the world and also one of the most populous urban agglomerations.ith close to 20 million people and the major financial centre in Africa;
Every political change brings challenges and opportunities to payment institutions in the region as well as any other entity that have business interests in the region. That is why we have chosen for our 5th event in Europe, the city of London to host IMTC EMEA 2019.
The worlds of AML and compliance are undergoing rapid transformation, impacted by everything from new and complex regulations, technological disruptions such as artificial intelligence and cryptocurrencies and malicious threats including cybercrime and data breaches.
IMTC LATAM 2019 is an unparalleled event for the region. Remittances are a very important component of the social & economic sustainability of families in the region. Cross-border payments with US and Europe are crucial for businesses and there is no other event in the region that reunites the most important financial services institutions [...]
The 2019 NMLS Annual Conference & Training is only a few months away. We are preparing to bring you an exciting and informative event, with opportunities to find out what is happening with NMLS, the State Examination System (SES), meet your state regulators and more!