The House of Representatives Committee on Public Accounts has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede on the reforms he has instituted in the fight against corruption, economic and financial crimes in the country as well as the new fraud preventive frameworks of the Commission.
SFC sets out vision to foster a vibrant fintech ecosystem in Hong Kong
Securities and Futures Commission
The Securities and Futures Commission (SFC) today sets out its vision for fostering a healthy and robust fintech ecosystem in Hong Kong by outlining several major areas of its initiatives to balance market development and investor protection.
READOUT: FinCEN and Partner FIU Officials Meet in Canada for International Public-Private Partnership Events on Illicit Finance
FinCEN
OTTAWA—On October 24 and 25, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) joined the Financial Transactions and Reports Analysis Centre (FINTRAC) of Canada in co-hosting the first FinCEN-FINTRAC Anti-Money Laundering/Anti-Terrorist Financing Symposium (Symposium). The Symposium, held in Ottawa, Canada, brought together financial intelligence units (FIUs) and law enforcement agencies from Canada, the United States, Australia, the Netherlands, and the United Kingdom, as well as U.S.- and Canada-based financial institutions, to discuss a variety of money laundering and terrorist financing issues. The Symposium included presentations on the emerging trends, typologies, and case studies on Iran-backed terrorist financing, Russian sanctions evasion, online child sexual exploitation, synthetic opioid trafficking, human trafficking, and the illegal wildlife trade.