China Minsheng Bank was fined 107.8 million yuan for banking illegal property projects, while China Zheshang Bank was fined 101.2 million yuan for selling off-balance sheet ... ( read original story ...)
China complicit in bypassing UN sanctions to launder North Korean money, report suggests
An investigation by a London think-tank reveals how companies in Dandong allegedly assist Pyongyang's money laundering networks ... ( read original story ...)
Justice Department Seeks To Recover Hacked Cryptocurrency Funds Tied To North Korea
The North Korean cyber actors responsible for the hack stole nearly $250 million worth of virtual currencies, which eventually landed in about 146 virtual currency accounts. ( read original story ...)
U.S. warns of North Korea missile plans, extends travel ban
A group of U.S. government agencies issued a joint advisory saying that North Korea continues to seek key items for its weapons development programs. ( read original story ...)
FBI: North Korea-backed hacker group BeagleBoyz targeting US banks
Several United States government agencies issued an alert on Friday to financial institutions about a North Korea-backed hacking group known as the BeagleBoyz. ( read original story ...)
US Moves To Seize 280 Cryptocurrency Accounts Linked To North Korean Hackers
The money was then laundered through hundreds of accounts to obfuscate the transaction The U.S. Department of Justice is seeking to seize 280 cryptocurrency accounts tied to North Korea. In a ... ( read original story ...)
Malaysia drops charges against Goldman – agency
Malaysia has reportedly dropped charges against Goldman Sachs over the 1MDB affair. The country’s state news agency said Friday (September 4) that prosecutors have withdrawn proceedings against three ... ( read original story ...)
Manulife Philippines strengthens financial literacy initiatives to support distance learning
Manulife has announced a partnership with education and community development non-profit organization Corazon Sanchez Atayde Memorial Foundation (CSAMF) to launch PesoSmart x RecoveREADS. ( read original story ...)
China Fines Five Financial Firms $47 Million for Misconduct
China Minsheng Bank was fined 107.8 million yuan for banking illegal property projects, while China Zheshang Bank was fined 101.2 million yuan for selling off-balance sheet ... ( read original story ...)
Business considers countries’ borders closing due to coronavirus pandemic a mistake
Businessmen from a number of countries share the view that the closing of borders between countries due to the coronavirus pandemic was a mistake as anti-epidemic measures could have been observed ... ( read original story ...)