frame_main_header_title
  Home frame_main_breadcrumb_about frame_main_breadcrumb_contact    
 
27 MAY 2017
Keep up to date with developments in fraud and money laundering compliance, regulation and developments. Only £295 for a full year's access and six printed newsletters.

Subscribe now

Welcome to

Fraud Watch

Fraud Watch is the premier title reporting on fraud and money laundering in financial services. Providing a daily news service, it publishes contributed articles from industry experts; it reports extensively on the latest compliance requirements, laws and regulatory changes, and gives very wide coverage of the latest court cases, ongoing investigations and fraud threats. It reports on security issues, including data, PCI requirements, systems security, diagnostics and forensics including the cyber threat.

  Main story  
     
 
Friday, 26 May 2017

FCA secures £2.2m confiscation orders
Eight convicted of farmland investment scam Read more ...

 
     

Latest feature
     
 
AML requirements: Are the stakes increasing?

Financial controls for AML continue to rise up the agenda for regulators on both sides of the Atlantic. Financial institutions in Europe must soon comply with the EU’s Fourth AML Directive, and new US regulations mean firms are increasingly required to put in place an ongoing review and improvement approach to AML monitoring.

Colin Bristow of SAS examines what the future holds for financial controls.

Read more ...
 
     
 
Don't miss
     
  IN THE LATEST PRINTED EDITION OF FRAUD WATCH
- Explosion of data coming into hands of regulators
- Singapore country report: An influence beyond its size
- Virtual currency rules fast-tracked with AMLD5
- National regulation of virtual currencies
- PSD2: EBA backtracks on strong authentication
- NY sets cyber-rules benchmark
- Ad fraud double previous estimates
- US emerges as leading ML and tax haven
- Bank fines total US$321bn since 2008 crash

WHY NOT SUBSCRIBE NOW?
 
     

 
 Latest news 
 
Month's news
 
   Most read  
 
    Features   
 
     
 
article thumbnail News - ComplianceTuesday, 23 May 2017

Airbus brings in outsiders to probe corruption claims
Independent compliance panel will report to CEO Read more ...

News - Court casesMonday, 22 May 2017

Swift issues customer security guidance
New controls policy Read more ...

article thumbnail News - ComplianceThursday, 18 May 2017

Compliance execs to increase Regtech investment
Geopolitical risks create additional layer of complexity Read more ...

News - Data securityWednesday, 17 May 2017

PCI compliance cheap compared to EU GDPR say experts
If you thought PCI was expensive, then just wait for  the upcoming General Data Protection Regulation (GDPR). Read more ...

News - CybercrimeMonday, 15 May 2017

Russian banks fend off cyberattack
Banks in Russia have been targeted by a massive cyberattack, according to the country’s central bank.
Read more ...

News - CybercrimeFriday, 12 May 2017

VR tech company gets half billion funding
Applications include cybersecurity Read more ...

News - InvestigationsThursday, 11 May 2017

PwC gets record fine for audit failings
Regulator flexes muscles amid mounting scouting scandals Read more ...

article thumbnail News - RegulationTuesday, 09 May 2017

Regulator criticised for logo spend
Re-design “little more than vanity” Read more ...

article thumbnail News - RegulationMonday, 08 May 2017

SEC chairman confirmed
Trump nominee is sworn in Read more ...

News - Cards and PaymentsFriday, 05 May 2017

Two-factor m-payment codes hacked
Attack highlights cybercrime vulnerabilities of mobiles Read more ...

News - Compliance
Airbus brings in outsiders to probe corruption claims
Maxine Wernick - Tuesday, 23 May 2017

News - Court cases
Swift issues customer security guidance
Maxine Wernick - Monday, 22 May 2017

News - Compliance
Compliance execs to increase Regtech investment
Maxine Wernick - Thursday, 18 May 2017

News - Data security
PCI compliance cheap compared to EU GDPR say experts
Maxine Wernick - Wednesday, 17 May 2017

News - Cybercrime
Russian banks fend off cyberattack
Maxine Wernick - Monday, 15 May 2017

News - Cybercrime
VR tech company gets half billion funding
Maxine Wernick - Friday, 12 May 2017

News - Investigations
PwC gets record fine for audit failings
Maxine Wernick - Thursday, 11 May 2017

News - Regulation
Regulator criticised for £66k logo spend
Maxine Wernick - Tuesday, 09 May 2017

News - Regulation
SEC chairman confirmed
Maxine Wernick - Monday, 08 May 2017

News - Cards and Payments
Two-factor m-payment codes hacked
Maxine Wernick - Friday, 05 May 2017

Jobs & People - Jobs & People
Christine Czuprynski joins McDonald Hopkins
Maxine Wernick - Friday, 05 May 2017

Jobs & People - Jobs & People
PaymentsCompliance appoints van Cann
Maxine Wernick - Friday, 05 May 2017

News - Regulation
Clampdown on proceeds of crime and corporate tax
Maxine Wernick - Thursday, 04 May 2017

News - Investigations
Malta PM calls election after offshore allegations
Maxine Wernick - Tuesday, 02 May 2017

News - Cybercrime
Financial data breaches skyrocket
Maxine Wernick - Friday, 28 April 2017

Events - General
20:20 Customer Experience Summit
Maxine Wernick - Friday, 28 April 2017

News - Compliance
Global compliance survey: Large companies fall short on expenditure
Maxine Wernick - Thursday, 27 April 2017

News - Investigations
Tesco agrees accounts scandal DPA
Maxine Wernick - Tuesday, 28 March 2017

News - Cybercrime
Global data breaches up by 86%
Maxine Wernick - Wednesday, 29 March 2017

News - Cards and Payments
CNP drives 2% financial fraud increase
Maxine Wernick - Friday, 31 March 2017

News - Data security
Europe and US banks fall short on email cyber-risk
Maxine Wernick - Wednesday, 05 April 2017

News - Cybercrime
Cybersecurity hampers bank fintech collaborations
Maxine Wernick - Friday, 07 April 2017

News - Cybercrime
SWIFT launches real-time payment controls
Maxine Wernick - Wednesday, 12 April 2017

News - Regulation
Coutts fined by Hong Kong regulator
Maxine Wernick - Wednesday, 19 April 2017

News - Cybercrime
VR tech company gets half billion funding
Maxine Wernick - Friday, 12 May 2017

News - Court cases
Libor pair are acquitted
Maxine Wernick - Thursday, 06 April 2017

News - Compliance
Global compliance survey: Large companies fall short on expenditure
Maxine Wernick - Thursday, 27 April 2017

News - Cybercrime
Employees actively by-passing cybersecurity policies
Maxine Wernick - Friday, 21 April 2017

News - Investigations
Suspected Russian botnet mastermind is arrested
Maxine Wernick - Tuesday, 18 April 2017

News - Cards and Payments
US fraud increases both online and offline
Maxine Wernick - Monday, 03 April 2017

News - Cybercrime
Cybersecurity spend not keeping pace with breach costs
Maxine Wernick - Tuesday, 25 April 2017

News - Cybercrime
Financial data breaches skyrocket
Maxine Wernick - Friday, 28 April 2017

News - Regulation
Regulator criticised for £66k logo spend
Maxine Wernick - Tuesday, 09 May 2017

News - Compliance
Compliance execs to increase Regtech investment
Maxine Wernick - Thursday, 18 May 2017

News - Regulation
Court approves Tesco DPA
Maxine Wernick - Monday, 10 April 2017

News - Court cases
Barclays CEO punished for whistleblower actions
Maxine Wernick - Monday, 10 April 2017

News - Regulation
US plans replacement for Dodd-Frank
Maxine Wernick - Monday, 24 April 2017

article thumbnail Features - ComplianceMonday, 23 January 2017

Rolls-Royce: Finally some bragging rights for the SFO?
The £671m deferred prosecution agreement with the aero engine maker marks a successful end to the Serious Fraud Office’s  biggest ever investigation, argue Kelly Hagedorn and Jessica Veitch of legal firm Jenner & Block. Read more ...

article thumbnail Features - ComplianceFriday, 16 December 2016

2017 Predictions: The year ahead in fraud, compliance & security
The experts tells us about the major risks, threats and challenges for the next 12 months:
- Ransomware, IoT Risks, AML fines, The rise of the SWIFT-heist middlemen, Vigilante hackers, AML5, Nation state hacks Read more ...

article thumbnail Features - ComplianceThursday, 15 December 2016

Regulation rollback under Trump
The impact of the new presidency on:

- Dodd-Frank Act
- Sarbanes-Oxley
- Basel IV capital rules
- US extra-territoriality
- Alternative lenders
- Bank stress tests
- Compliance staff levels Read more ...

article thumbnail Features - CybercrimeFriday, 02 December 2016

Global cyberattack report
- Where to report attacks: Country-by country details
- The Regional Picture: Asia-Pacific, European Union reporting requirements
- Mixed messages on business response to cyberattacks
- Tech and customer facing functions often at adds Read more ...

article thumbnail Features - Cards and PaymentsFriday, 11 November 2016

What we need to learn from the Tesco Bank hack
Calls for data sharing like the baddies do

One third of Tesco Bank's customers were hacked last weekend. This much we know. What has still to come out, is how the baddies got in and whether or not there was an insider.

Even without this information, it raises questions that should be addressed by every financial services firm. Read more ...

 
     
Do you have a fraud early warning system? SUBSCRIBE to keep informed of the latest card, financial fraud and money laundering issues.

Fraud links