U.S. agencies look to existing rules for crypto, Web3 regulation
TechTarget 03/06/2023
A decentralized platform is one where power is distributed — a decentralized cryptocurrency exchange, for example, relies on peer-to-peer trades rather than a single middleman to handle funds…
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SEC’s Division of Examinations Releases 2023 Examination Priorities
JDsupra 03/06/2023
Each year, the SEC’s Division of Examinations (the “Division”) releases its priorities for the upcoming year, providing SEC registrants with a helpful tool to assist in managing, reviewing, and updating their compliance programs. The 2023 Examination Priorities…
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DOJ Announces Significant Guidance on Compliance, Compensation, Communications and Cooperation
Lexology 03/03/2023
On March 3, 2023, as part of the rollout of several updates to its guidance on corporate compliance programs, the Department of Justice (DOJ) released a new policy aimed at incentivizing compliance-driven compensation and bonus plans as part of its enduring priority of combating corporate crime…
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EU closes tracking dirty money
Finextra 03/01/2023
A judgment by the Court of Justice of the European Union (CJEU) may have turned back the clock on effective anti-money laundering capability. In a surprise announcement on the 22nd of November, the CJEU closed the doors on public access to company beneficial ownership registers…
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ROLE OF PROCESS MINING IN ENABLING ESG COMPLIANCE
Finextra 02/28/2023
Undoubtedly there is never seen focus on environmental, social, and governance issues post-pandemic Covid-19. Although the financial sector has been investing in CSR activities for the last few decades, the momentum has been building…
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