In today’s fast-paced and increasingly regulated business landscape, compliance teams play a critical role in ensuring that organisations adhere to legal standards, industry regulations, and ethical norms. However, with the growing complexity of global regulations, evolving technologies, and shifting business models, regulatory compliance teams are facing more challenges than ever before. From managing a deluge…
Sam Bankman-Fried, the former CEO of FTX, a major cryptocurrency exchange, wasn’t just accused of fraud. He also faced charges of conspiracy to commit money laundering. Let’s break down what that means and how it might impact crypto regulation. The Money Laundering Charges: Prosecutors alleged Bankman-Fried diverted customer funds from FTX to his crypto hedge…
Balancing compliance standards across new, emerging and existing regulation When it comes to the economy and the influences on the global stage, it has often been quoted “when the US sneezes, the rest of the world catches a cold.” Now, the European Union has its own influence on the world but in a different way….