Day: August 3, 2022

Most Corrupt Countries

Where Bribery Still Reigns: The World’s Most Corrupt Countries

On By Joseph McCafferty

The 2021 Corruption Perceptions Index (CPI) released by Transparency International shows that corruption levels remain at a standstill worldwide, with 86 percent of countries making little to no progress in the last 10 years. Nearly two-thirds of nations scored below 50 on the 100-point scale this year. The largest declines Read More

Crypto

NYDFS Fines Robinhood Crypto $30M For BSA/AML Compliance Failures

On By Jaclyn Jaeger

Robinhood Crypto (RHC) has been ordered to pay a $30 million penalty for “significant deficiencies” in its Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program and for cybersecurity violations, said the New York Department of Financial Services. NYDFS discovered RHC’s compliance deficiencies following a supervisory examination and a subsequent investigation. In Read More