Tag: Dutch

Regulatory Watch News

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  Valdecy Urquiza of Brazil elected new INTERPOL Secretary General

  Interpol

  November 5, 2024

  GLASGOW, United Kingdom – INTERPOL’s General Assembly has elected Valdecy Urquiza as the next Secretary General of the world’s largest police organization. The Brazilian Police Commissioner will take over at the close of the General Assembly on Thursday 7 November when the current Secretary General, Jürgen Stock, will finish his second and final mandate after being at the helm of the Organization for 10 years. Thanking the delegates for their confidence in appointing him, Mr Urquiza vowed to promote equality and diversity within the Organization, coordinate with countries to deliver effective investigations and operations, and offer capacity building initiatives tailored to regional policing issues.

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  Banque de France and Monetary Authority of Singapore Conduct Groundbreaking Post-quantum Cryptography Experiment to Enhance Communication Security

  MAS

  November 5, 2024

  Singapore, 5 November 2024… The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) today announced the successful completion of a groundbreaking joint experiment in post-quantum cryptography (PQC) conducted across continents over conventional Internet technologies. The PQC experiment aims to strengthen communication and data security in the face of quantum computing advancements, and the successful experimentation marks a crucial milestone in the evolution of the protection of international electronic communications against the cybersecurity threats posed by quantum computing.

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  Three individuals and two firms charged over alleged unauthorised business activities

  Financial Conduct Authority

  November 5, 2024

  The FCA has started criminal proceedings against Anthony Hay, Laura Hay, Tim Stewart, Premier Finance GB Ltd and Proserv GBR Limited, for allegedly engaging in unauthorised business. Anthony Hay, Laura Hay and Tim Stewart are jointly charged for their involvement in the conduct of two Bristol firms, Premier Finance GB Ltd and Proserv GBR Limited, in relation to high-end luxury vacuum cleaners retailing for up to £3,000. Between 1 April 2014 and 31 March 2023, the firms are alleged to have generated at least £4m from unlawful business activities involving thousands of customers.