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Tuesday, November 29, 2022 - RBA outage autopsy reveals real-time payments mess
Reserve Bank of Australia (RBA)
Source - https://www.themandarin.com.au/206838-rba-outage-autopsy-reveals-real-time-payments-mess/
The Reserve Bank of Australia has lifted the lid on a crippling outage that halted transactions flowing through the New Payments Platform (NPP) offline in mid-October.

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Saturday, November 26, 2022 - Data leak of 500 million WhatsApp users, risk of bank fraud!
WhatsApp Inc.
Source - https://www.newsdayexpress.com/tech/data-leak-of-500-million-whatsapp-users-risk-of-bank-fraud-you-are-not-included/
WhatsApp is considered the most secure messaging platform. But now these claims are being exposed. Yes, the news of WhatsApp data leak has been received. According to the report, the mobile numbers of WhatsApp users of about 84 countries have been leaked. These mobile numbers have been made available for sale, which is very dangerous for the safety of WhatsApp users. Due to this, in the coming days, WhatsApp users may have to face many types of fraud including bank fraud.

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Friday, November 25, 2022 - Extinction Rebellion women 'caused £100,000 of damage when they smashed Barclays HQ windows in Canary Wharf demo'
Barclays Bank
Source - https://www.dailymail.co.uk/news/article-11469457/Extinction-Rebellion-women-caused-100-000-damage-smashed-Barclays-HQ-windows.html
Extinction Rebellion climate protesters caused almost £100,000-worth of damage after smashing glass windows during a demonstration at the headquarters of Barclays bank, a court has heard.

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Thursday, November 24, 2022 - JPMorgan and Deutsche Bank sued by Epstein victims
JPMorgan Chase & Co
Source - https://www.ft.com/content/87767acb-ed1d-4074-808e-76bcdf5bf0d5
JPMorgan Chase and Deutsche Bank have been sued by victims of deceased sex offender Jeffrey Epstein, who accuse the lenders of aiding sex trafficking.

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Thursday, November 24, 2022 - ING slapped with anti-money laundering undertaking after investigation
ING Groep NV
Source - https://www.smh.com.au/business/banking-and-finance/ing-slapped-with-anti-money-laundering-enforceable-undertaking-20221124-p5c0w9.html
Dutch bank ING has vowed to fix its anti-money laundering and counterterrorism financing systems, after an investigation by financial crimes regulator AUSTRAC found flaws in the lender’s compliance.

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Wednesday, November 23, 2022 - Citigroup cited as lone large, complex bank with ‘shortcoming’ in its 2021 living will
Citigroup
Source - https://www.regreport.info/2022/11/23/citigroup-cited-as-lone-large-complex-bank-with-shortcoming-in-its-2021-living-will/
A “shortcoming” was identified in the resolution plan (or “living will”) for Citigroup, Inc. – related to data the firm manages — based on results of a review of the 2021 wills, according to statements released Wednesday by two federal banking regulators.

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Wednesday, November 23, 2022 - Morgan Stanley failed to supervise nine brokers’ high-risk recommendations
Morgan Stanley
Source - https://www.advisorhub.com/morgan-stanley-failed-to-supervise-nine-brokers-high-risk-recommendations-finra/
The Financial Industry Regulatory Authority sent another warning this week to firms that fail to properly follow up on red flags.

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Wednesday, November 23, 2022 - Russian KillNet shuts down EU Parliament website with DDoS
European Parliament
Source - https://www.govinfosecurity.com/russian-killnet-shuts-down-eu-parliament-website-ddos-a-20541?rf=2022-11-24_ENEWS_SUB_GIS__Slot1_ART20541&mkt_tok=MDUxLVpYSS0yMzcAAAGISWlXaDUPMcM28q2I6B371-5gUhYNUTxxgk1jwEYLwg-ZmHsdm8ETNgDWFol9MMZUfzbJbF2xLTqn_nDOMEA8M5MDo
Pro-Kremlin KillNet hackers took down the website of the European Parliament on Wednesday in a DDoS attack that came just hours after the legislative body declared Russia a terrorist state. The website was still down late in the day as part of a string of hacktivist attacks against East European and Balkan states.

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Tuesday, November 22, 2022 - Goldman Sachs to pay $4m penalty over ESG fund claims
Goldman Sachs
Source - https://www.ft.com/content/0e2b6e41-4113-437f-824b-80d7acd29579
Goldman Sachs has agreed to pay a $4mn penalty over US regulatory charges that the bank’s asset management division misled customers about environmental, social and governance (ESG) investments.

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Tuesday, November 22, 2022 - BNY Mellon’s Frankfurt offices raided in German tax scandal probe
BNY Mellon
Source - https://www.bloomberg.com/news/articles/2022-11-22/bny-mellon-s-frankfurt-offices-raided-in-german-cum-ex-probe?srnd=premium-europe
Bank of New York Mellon’s Frankfurt offices are being raided by Cologne prosecutors as part of their vast investigation into the controversial Cum-Ex scandal that has increasingly ensnared Wall Street’s biggest banks.

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Monday, November 21, 2022 - ASX takes A$250m hit after scrapping DLT-based Chess replacement project
Australian Securities Exchange (ASX)
Source - https://www.finextra.com/newsarticle/41337/asx-takes-a250m-hit-after-scrapping-dlt-based-chess-replacement-project?utm_medium=dailynewsletter&utm_source=2022-11-21&member=22821
The Australian Securities Exchange (ASX) is pulling the plug on its much-delayed blockchain-based post-trade network, writing off about A$250 million.

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Sunday, November 20, 2022 - Indian securities depository CDSL detects malware in few internal machines
Central Depository Services Limited (CDSL) - India
Source - https://www.zawya.com/en/world/indian-sub-continent/indian-securities-depository-cdsl-detects-malware-in-few-internal-machines-w9plxoxu
Central Depository Services (India) Ltd (CDSL) said on Friday it detected malware in a few of its internal machines and was working with cyber security advisors to analyse the impact.

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Friday, November 18, 2022 - Exonerated trader sues Deutsche Bank over Libor rigging allegations
Deutsche Bank
Source - https://www.ft.com/content/3952a20b-dee2-44a9-8756-a6f393707bda
A former Deutsche Bank trader whose conviction over the alleged rigging of the Libor interbank lending rate was overturned by a US appeals court has sued the German lender for $150m, accusing it of deliberately framing him for the crimes of others.

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Friday, November 18, 2022 - Viceroy was paid R10m for its hatchet job on Capitec
Viceroy Research
Source - https://www.moneyweb.co.za/news/companies-and-deals/viceroy-was-paid-r10m-for-its-hatchet-job-on-capitec/
The outcome of an application by Viceroy Research and its three partners to set aside a R50 million fine imposed by the Financial Sector Conduct Authority (FSCA) contains a few surprises.

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Thursday, November 17, 2022 - Two former RHB dealer reps fined and suspended for short selling
RHB Banking Group
Source - https://themalaysianreserve.com/2022/11/17/two-former-rhb-dealer-reps-fined-and-suspended-for-short-selling/
Bursa Malaysia Securities has taken enforcement actions against two dealer’s representatives (DRs) for breaches of the Rules of Bursa Malaysia Securities for engaging in short-selling activities in the accounts of three clients.

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Thursday, November 17, 2022 - FBI-wanted leader of the notorious Zeus Botnet Gang arrested in Geneva
Zeus Botnet
Source - https://thehackernews.com/2022/11/fbi-wanted-leader-of-notorious-zeus.html
A Ukrainian national who has been wanted by the U.S for over a decade has been arrested by Swiss authorities for his role in a notorious cybercriminal ring that stole millions of dollars from victims' bank accounts using malware called Zeus.

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Wednesday, November 16, 2022 - CFTC charges former energy broker with paying brokerage kickbacks and misappropriating nonpublic information
Classic Energy LLC
Source - https://www.cftc.gov/PressRoom/PressReleases/8627-22
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Lee Tippett, a former energy broker with Classic Energy, LLC, for participating in a scheme to pay kickbacks to Matthew Clark, a trader employed by one of Classic’s brokerage customers. The order finds Tippett made these kickback payments to Clark in exchange for Clark sending more brokerage business from his employer to Classic. According to the order, Tippett also participated in a scheme to misappropriate confidential block trade order information from the same Classic customer, facilitated fictitious trades, and made false statements to ICE Futures US.

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Wednesday, November 16, 2022 - Celina Fondförvaltning receives warning and administrative fine
Celina Fondförvaltning
Source - https://www.fi.se/sv/publicerat/pressmeddelanden/2022/celina-fondforvaltning-far-varning-och-sanktionsavgift/
Celina Fondförvaltning AB (Celina) is receiving a warning and must pay an administrative fine of SEK 10 million.

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Tuesday, November 15, 2022 - Goldman Sachs 'paid more than $12 million in secret settlement to bury veteran female exec's claims of sexist culture'
Goldman Sachs
Source - https://www.dailymail.co.uk/news/article-11431455/Goldman-Sachs-paid-12-MILLION-bury-veteran-female-execs-claims-sexist-culture.html
Goldman Sachs allegedly paid out more than $12million to a veteran female executive who lodged an internal complaint about a toxic workplace for women within the highest offices of the prestigious firm.

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Monday, November 14, 2022 - 3 Australian banks settle class action lawsuits over sale of credit insurance products
Commonwealth Bank of Australia (CBA)
Source - https://www.insurancejournal.com/news/international/2022/11/14/694897.htm
Three of Australia’s “big four” banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon, who took the banks to court two years ago over sale of credit insurance products, the companies said on Monday.

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