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Thursday, June 17, 2021 - Websites including Hong Kong Exchange, airlines go down briefly
Hong Kong Exchanges and Clearing (HKEx)
Source - https://www.bloomberg.com/news/articles/2021-06-17/websites-including-hong-kong-exchange-airlines-go-down-briefly
A plethora of websites operated by financial institutions and airlines including Hong Kong Exchanges & Clearing Ltd. and Southwest Airlines Co. went down briefly Thursday in what appeared to be a widespread internet outage.

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Thursday, June 17, 2021 - Ukrainian police arrest multiple Clop ransomware gang suspects
CLOP (ransomware group)
Source - https://techcrunch.com/2021/06/16/ukrainian-police-arrest-multiple-clop-ransomware-gang-suspects/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADvI3qrFQQ1OeRAMNjNys5uRQCrDsP7A4o8NdO6gbGISEXcocjeHCwvnvx_lBRAPaQcQwu_mMjkH
Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea and the United States.

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Thursday, June 17, 2021 - CBA, Westpac, ANZ face service outages
Commonwealth Bank of Australia (CBA)
Source - https://www.watoday.com.au/business/banking-and-finance/urgently-investigating-major-banks-face-service-outages-20210617-p581xq.html
A range of banks, including big four lenders Commonwealth Bank, Westpac and ANZ, are scrambling to find the source of an outage that is affecting internet banking and access to online apps across the country.

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Thursday, June 17, 2021 - Citi fined for failure to monitor employees’ outside brokerage accounts
Citigroup
Source - https://fxnewsgroup.com/forex-news/regulatory/citi-fined-for-failure-to-monitor-employees-outside-brokerage-accounts/
Citigroup Global Markets Inc has agreed to pay a fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA).

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Wednesday, June 16, 2021 - FINRA fines Cantor Fitzgerald for locking or crossing quotations
Cantor Fitzgerald
Source - https://fxnewsgroup.com/forex-news/regulatory/finra-fines-cantor-fitzgerald-for-locking-or-crossing-quotations/
Cantor Fitzgerald & Co has agreed to pay a fine as a part of a settlement with the United States Financial Industry Regulatory Authority (FINRA).

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Tuesday, June 15, 2021 - FMA imposes sanction against BNP Paribas SA for a breach on the requirement for honest, clear and non-misleading information in its market presence
BNP Paribas
Source - https://www.fma.gv.at/en/announcement-fma-imposes-sanction-against-bnp-paribas-sa-for-a-breach-of-the-requirements-for-a-breach-on-the-requirement-for-honest-clear-and-non-misleading-information-in-its-market-presence/
The Austrian Financial Market Authority (FMA) hereby advises that it has imposed a fine of EUR 235,000 by way of a penal order against BNP Paribas SA as a legal person by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) for breaches against the Securities Supervision Act 2018 (WAG 2018; Wertpapieraufsichtsgesetz 2018) and Delegated Regulation (EU) 2017/565 due to a breach of the requirements for honest, clear and non-misleading information with regard to its market presence.

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Tuesday, June 15, 2021 - SEC charges issuer with cybersecurity disclosure controls failures
First American Financial Corporation
Source - https://www.sec.gov/news/press-release/2021-102
The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information.

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Tuesday, June 15, 2021 - Singapore financial regulator reprimands AIA, Aviva, Prudential
Aviva
Source - https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential?srnd=premium-europe
Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.

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Monday, June 14, 2021 - Mizuho president Fujiwara to step down following series of IT failures
Mizuho Financial Group
Source - https://www.finextra.com/newsarticle/38250/mizuho-president-fujiwara-to-step-down-following-series-of-it-failures/wholesale
Mizuho Bank President Koji Fujiwara is to fall on his sword after being held responsible for a widespread series of outages that hit the Japanese bank between February and March.

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Saturday, June 12, 2021 - HK fund takes action on alleged unpaid debts by Gupta’s GFG Alliance
Liberty Commodities Ltd.
Source - https://www.ft.com/content/a641b492-4b1d-423c-a655-a776019fa975
A Hong Kong based asset manager is behind an attempt to take control of a significant portion of the shares in a UK-listed renewable energy developer over alleged unpaid debts by Sanjeev Gupta’s GFG Alliance metals conglomerate. 

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Friday, June 11, 2021 - Citadel Securities settles with fund over secret algorithm
Citadel LLC (formerly Citadel Investment Group)
Source - https://www.bloomberg.com/news/articles/2021-06-11/citadel-securities-settles-with-hedge-fund-over-secret-algorithm?srnd=premium-europe
Citadel Securities reached a truce with a British hedge fund over the attempted hiring of a senior trader, ending a lawsuit that was set to consider the makeup of a secret algorithm.

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Thursday, June 10, 2021 - Deloitte sued for allegedly failing to find ‘irregularities’ in audits of Singapore oil trader
Deloitte
Source - https://www.insurancejournal.com/news/international/2021/06/10/618225.htm
A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade.

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Thursday, June 10, 2021 - TD defeats US$4.5b negligence claim in Stanford fraud case
Toronto Dominion Bank (TD Bank)
Source - https://www.bnnbloomberg.ca/td-defeats-us-4-5b-negligence-claim-in-stanford-fraud-case-1.1615035
Toronto-Dominion Bank was found not liable for losses related to convicted fraudster Allen Stanford’s Ponzi scheme, with an Ontario judge rejecting a US$4.5 billion negligence claim against the firm.

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Thursday, June 10, 2021 - Beef supplier JBS paid ransomware hackers $11 million
JBS USA Holdings, Inc.
Source - https://www.nbcnews.com/tech/security/meat-supplier-jbs-paid-ransomware-hackers-11-million-n1270271
JBS, the largest beef supplier in the world, paid the ransomware hackers who breached its computer networks about $11 million, the company said Wednesday.

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Wednesday, June 9, 2021 - Singapore court denies BP attempts to strike off Hin Leong fraud allegations
British Petroleum (BP)
Source - https://www.gtreview.com/news/asia/singapore-court-denies-bp-attempts-to-strike-off-hin-leong-fraud-allegations/
A Singapore court has rejected an appeal by BP to strike off fraud accusations levelled by Bank of China, which was left out of pocket after failed circular oil sales involving disgraced trader Hin Leong.

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Tuesday, June 8, 2021 - FINRA fines Alpine Securities for inaccurate reports
Alpine Securities Corporation
Source - https://fxnewsgroup.com/forex-news/regulatory/finra-fines-alpine-securities-for-inaccurate-reports/
Alpine Securities Corporation has agreed to a fine and a censure as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). The settlement offer, which FINRA has determined to accept, is submitted on the condition that FINRA will not bring any future actions against the respondent alleging violations based on the same factual findings.

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Monday, June 7, 2021 - Macquarie facing ASIC probe into $1.8b Nuix float
Macquarie Bank
Source - https://www.theage.com.au/national/macquarie-facing-asic-probe-into-1-8bn-nuix-float-20210607-p57yw4.html
Investment banking giant Macquarie Group is facing further reputational damage from its financial backing of data analytics firm Nuix, as the corporate regulator begins an investigation into the $1.8 billion float of the business.

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Monday, June 7, 2021 - Google fined $268 million as France tackles big tech ad power
Google Inc.
Source - https://www.bloomberg.com/news/articles/2021-06-07/google-fined-268-million-as-france-tackles-big-tech-ad-power?srnd=premium-europe
Google agreed to pay 220 million euros ($268 million) to settle a French antitrust probe over its abuse of power in online advertising.

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Monday, June 7, 2021 - AUSTRAC investigating NAB over AML/CTF Act compliance
National Australia Bank (NAB)
Source - https://www.moneymanagement.com.au/news/policy-regulation/austrac-investigating-nab-over-amlctf-act-compliance
The National Australia Bank (NAB) has been informed by AUSTRAC it has identified “serious concerns” with NAB’s compliance with the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Act 2006 and the AML and CTF Financing Rules 2007.

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Monday, June 7, 2021 - Majority of Colonial Pipeline ransom recovered, Justice Dept. says
Colonial Pipeline Company
Source - https://www.nytimes.com/live/2021/06/07/us/biden-news-today?login=smartlock&auth=login-smartlock#colonial-pipeline-ransom-justice-department
The Justice Department said on Monday that it had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking collective, turning the tables on the hackers by reaching into a digital wallet to snatch back millions of dollars in cryptocurrency.

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