NEWS: UK warns there are ‘no legal crypto ATMs’ as it confirms landmark criminal case

Regulatory Watch News

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  Painting like Rembrandt: managing risks in the age of AI

  DNB

  September 17, 2024

  ‘Many of the potential risks of AI may seem new, but if you look beneath the surface, they are strikingly similar to traditional financial risks. Risks that we are familiar with.’, said Steven Maijoor at a Bloomberg event in Amsterdam on September 16th. He spoke about the benefits and risk of digital innovation in the financial sector.

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  Fraudulent social media account and phishing instant messages related to Shanghai Commercial Bank Limited

  HKMA

  September 17, 2024

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Shanghai Commercial Bank Limited relating to a fraudulent social media account and phishing instant messages, which have been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.

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  Three men charged over alleged plot to import 1.2 tonnes of liquid meth into Queensland

  Australia Federal Police

  September 17, 2024

  The AFP has charged three Queensland men for their alleged involvement in a plan to import 1.2 tonnes of liquid methamphetamine into Australia, after Canadian authorities intercepted the illicit drugs hidden in a consignment of juice bottles. The Queenslanders, aged 30, 35 and 43, were arrested by AFP officers at a rural property in Jimboomba and a shopping centre in Browns Plains on Brisbane’s south side last week (Wednesday 11 September, 2024).