The Hellenic Capital Market Commission (HCMC) has warned that Oversea Capital Markets Limited Single-Member Private Company (IKE) and the website overseatrades.com are not authorized to provide investment services or hold client funds. Compliance teams should treat both as unlicensed and high-risk, and update screening and monitoring controls accordingly.
The Norway Financial Supervisory Authority has listed a warning, originally issued by Luxembourg's CSSF, about fraudulent actors impersonating Eurizon Capital SGR S.p.A., Luxembourg Branch. Compliance teams should treat the name as a known impersonation vector and strengthen onboarding, payment, and client-communication controls accordingly.
Bank of America failed to report more than $5 billion in suspicious transactions in a timely manner and allowed serious deficiencies in its anti-money laundering controls to persist for years, even after regulators ordered the bank to correct them, according to enforcement actions announced Tuesday by the U.S. Treasury Department.
CVS Pharmacy and related corporate entities have agreed to pay $315 million to resolve federal allegations that the pharmacy chain filled unlawful prescriptions for opioids and other controlled substances for more than a decade, then sought reimbursement for many of those prescriptions from Medicare and other federal healthcare programs.
The UK's Serious Fraud Office (SFO) has opened a direct line to its senior legal leadership for companies considering whether to report suspected fraud, bribery or corruption, responding to concerns raised by lawyers since the agency revised its corporate cooperation guidance last year.
The European Union’s three financial supervisory authorities have set out their joint priorities for 2027, with cyber resilience, artificial intelligence and sustainable finance among the principal areas of work. The program comes alongside new guidance from the EU’s securities regulator identifying the financial and sustainability reporting issues that listed companies should address in their 2026 annual reports.
Japan's financial regulator has urged banks to strengthen their cybersecurity defenses following a series of attacks that exposed millions of customer records and prompted a senior government official to describe the situation as a cybersecurity emergency.
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