Remove National Remove Report Remove Security
article thumbnail

What Is Not Considered a TRACE-Eligible Security and What Should Not Be Reported

Perficient

A TRACE-eligible security does not include a debt security that is issued by a foreign, sovereign government or a money market instrument. Transfers of securities made pursuant to an asset purchase agreement (APA) that is subject to a hearing in a bankruptcy court. Preparing to Report TRACE Transactions (Part 2 of 6).

Security 474
article thumbnail

Island Nation Mauritius To Set Up Fintech Fund

Bank Innovation

The island nation of Mauritius will now have a sovereign fund dedicated to investment in fintech. According to reports, high-level Fintech and Innovation-driven Financial Services Regulatory Committee panel met last week to discuss the possibility of the fund that would focus on, among other things, fraud, security, and blockchain.

National 276
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Firm FireEye Hacked By Suspected Nation-State

PYMNTS

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked by a suspected nation-state. “We The company has cybersecurity clients across the national security space in the U.S., reports Reuters. “We

National 266
article thumbnail

Bitcoin Daily: Crypto-Themed Cruise Ship To Set Sail, Nigeria Eyes National Crypto Adoption

PYMNTS

Meanwhile, the federal government is Nigeria is said to be creating a framework to allow for countrywide digital currency adoption, CoinDesk reported. The potential adoption blueprint reportedly encompasses a program to make a legal structure to supervise the digital currency sector.

National 299
article thumbnail

Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. The report found the illegal profits from the drug trade, cash stolen from developing countries and Ponzi schemes flow through financial institutions despite warnings from bank employees.

Report 279
article thumbnail

Japanese Cryptocurrency Exchanges Report 669 Cases of Money Laundering

Bank Innovation

Japan’s cryptocurrency exchanges have reported a total of 669 suspected money laundering cases to the country’s National Police Agency, according to a report by Nikkei Asian Review.

article thumbnail

Travelex Reportedly Paid $2.3M Ransom To Hackers

PYMNTS

million ransom to get their systems back online, The Wall Street Journal reported. A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery.

Report 279