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The Hill | By: Rebecca Savransky | July 09, 2017 | 12:47 PM EDT: In a surprise move coming out of the G-20 meetings with the world’s most powerful leaders, President Trump on Sunday shifted conversation from trade or healthcare or climate change — all key topics at the summit Read more…

The FCPA Blog | By: Richard L. Cassin | Friday, July 7, 2017 at 7:28AM: The World Bank debarred Fichtner GmbH & Co. KG for fifteen months after a former employee took bribes to influence contract awards on a project in Africa. Stuttgart-based Fichtner has about 1,500 employees worldwide. It Read more…

Financial Times | July 08, 2017: Seizure warrants are latest attempt to put financial squeeze on Pyongyang. Eight of the world’s biggest banks have been pulled into the US government’s efforts to isolate North Korea after officials secured warrants to seize funds that could have ties to the country. A Read more…

Reuters | By: Lisa Lambert | Fri Jul 7, 2017 | 6:12pm EDT: Many of the major risks U.S. banks face lay beyond their control, according to a review released by banking’s top federal regulator on Friday that found the sector’s financial performance remains strong. The U.S. Office of the Read more…

Reuters | By: Jonathan Stempel | Fri Jul 7, 2017 | 5:06am EDT: U.S. authorities have tried to seize millions of dollars associated with several companies that deal with North Korea, including the country’s military, from eight large international banks, according to court filings made public on Thursday. The effort Read more…

The Wall Street Journal | By: Jacob Gershman, Ian Talley and Aruna Viswanantha | July 6, 2017 8:37 p.m. ET: A federal court in May gave the department authority to investigate alleged money laundering involving a Chinese coal-trading network. A federal court in Washington, D.C., has granted the Justice Department Read more…

Reuters | By: David Ingram | Jul 6, 2017 | 5:46pm EDT: A U.S. judge ruled on Thursday that Twitter Inc (TWTR.N) could move forward with a lawsuit that aims to free technology companies to speak more openly about surveillance requests they receive from the U.S. government. U.S. District Judge Read more…

The Wall Street Journal | By: James Mackintosh | July 3, 2017 10:15 a.m. ET: Unusually volatile reaction of investors to last week’s news about monetary policy is alarming in itself. Some dates deserve a place in market history. Black Monday 1987 and Black Thursday 1929 occurred before the VIX Read more…

Reuters | By: Andrea Shalal | Tue Jul 4, 2017 | 7:34am EDT: Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said on Tuesday, warning of “ticking time bombs” that could sabotage critical infrastructure. Industrial espionage Read more…

Reuters | By: John McCrank | Mon Jul 3, 2017 | 11:29pm EDT: The prices of several big-name Nasdaq-listed (NDAQ.O) stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the Read more…

The Wall Street Journal | By: Keiko Morris June 29, 2017 6:49 p.m. ET: Jury finds office building at 650 Fifth Ave. in New York connected to U.S. sanctions violations. Federal prosecutors won a court victory Thursday that paves the way for the government to seize a Midtown Manhattan office Read more…

Defense One | By: Amy Zegart | June 29, 2017: It is hard to imagine more fitting names for code-gone-bad than WannaCry and Eternal Blue. Those are just some of the computer coding vulnerabilities pilfered from the National Security Agency’s super-secret stockpile that have been used in two separate global Read more…

Defense One | By: Stanislav Shalunov | June 29, 2017: The NSA, which sees its mission as collecting signals intelligence (by breaking into networks) as well as protecting vital U.S. systems, is partially to blame for Tuesday’s massive global cyber attack that hit utilities across Ukraine and Europe and even Read more…

Tribune de Geneve | By: Pierre-Alexandre Sallier | June 29, 2017: BNP Paribas is attacked in Paris for its role in arms sales at the time of the genocide. NGOs exhort the forgotten role of an account then opened in the Geneva bank UBP. The name of the Geneva-based asset Read more…

The Wall Street Journal | By: Melanie Evans June 29, 2017 4:58 p.m. ET: Petya attack forces Princeton Community Hospital to use paper records as it scraps, rebuilds computer network.   Princeton Community Hospital in rural West Virginia will scrap and replace its entire computer network after being struck by Read more…

Defense One | By: Alyza Sebenius | June 28, 2017: The Washington Post’s report last week on Russian cyber efforts to disrupt the 2016 election—and the Obama administration’s months-long debate over how to respond—ended on a foreboding note. Among the measures apparently adopted in response to the hack was “a Read more…

The New York Times | By: Nicole Perlroth and David E Sanger | June 28, 2017: Twice in the past month, National Security Agency cyberweapons stolen from its arsenal have been turned against two very different partners of the United States — Britain and Ukraine. The N.S.A. has kept quiet, Read more…

The Wall Street Journal | By Nick Kostov and Costas Paris | Updated June 28, 2017 5:27 p.m. ET: Shipping giant Maersk shuts terminals; ransomware was designed to spread within corporate networks running Microsoft’s Windows. Global firms scrambled to cope with fallout from a cyberattack that disrupted computers across Europe Read more…

The FCPA Blog | By: John Bray | June 28, 2017 at 8:18AM: How far is it feasible to apply a global compliance policy in widely differing regional markets? And to what extent should there be local policy exceptions? In Control Risks’ 2017 International Business Attitudes to Compliance survey, a Read more…

The Washington Post | By: Hamza Shaban and Brian Fung | June 27 at 12:07 PM: Google just got hit with a record $2.7 billion fine in Europe. The European Union’s head of antitrust enforcement announced a record $2.7 billion fine against Google on Tuesday, accusing the search engine for Read more…

The New York Times | By: Nicole Perlroth, Mark Scott and Sheera Frenkel | June 27, 2017: Computer systems from Ukraine to the United States were struck on Tuesday in an international cyberattack that was similar to a recent assault that crippled tens of thousands of machines worldwide. In Kiev, Read more…

The Wall Street Journal | By: David Gauthier-Villars and Michael Amon | June 27, 2017 11:03 a.m. ET: Maersk, WPP Group and Rosneft all report significant intrusions on their computer systems. Global businesses, including shipping giant A.P. Moeller-Maersk AMKBY 0.62% A/S, advertising firm WPP Group WPPGY -0.95% PLC and Russian Read more…

CNN Money | By: Donna Borak | June 22, 2017 | 2:48 PM ET:

Seeking to provide some regulatory relief to community banks and other small financial institutions, bank regulators on Thursday asked Congress to consider several changes to the 2010 Dodd-Frank financial reform laws.

The regulators, which include the Federal Reserve and Federal Deposit Insurance Corp., mapped out how Congress and regulators could tailor regulations on smaller banks to help spur economic growth.

“In terms of reducing the regulatory burden, the biggest bang for the buck is to reduce the burden on smaller financial institutions,” said FDIC Chairman Martin Gruenberg during a Senate Banking Committee hearing.
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Top policymakers stressed proposed changes to the Dodd-Frank law should not undermine the strength of reforms born from the 2008 recession and aimed at preventing another financial crisis.

Reuters | By: Jonathan Spicer | Mon Jun 26, 2017 | 11:10am EDT: The Federal Reserve’s little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington. Senior officials from the U.S. Treasury Read more…

Reuters | By: Eric Auchard | Fri Jun 23, 2017 | 1:13pm EDT: Adyen, one of Europe’s biggest fintech companies, has taken a pan-European banking licence that allows it to bypass banks and process cross-border payments directly for its merchant customers, including many of the world’s top ecommerce firms. Chief Read more…

Reuters | Mon Jun 26, 2017 | 6:22am EDT China and Canada have signed an agreement vowing not to conduct state-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information. The agreement was reached during talks between Canada’s national security and intelligence adviser, Daniel Read more…

Bloomberg | Financial Times | June 23, 2017 An investigation illustrates the risks for targets of takeover bids. A regulatory probe announced by China into the “systemic risk” of some of its biggest overseas acquirers is both welcome and troubling. Welcome because Beijing is raising a red flag over corporations Read more…

Reuters | By: Kate Holton | Jun 24, 2017 | 3:02pm EDT: Britain’s parliament was hit by a “sustained and determined” cyber attack on Saturday designed to identify weak email passwords, just over a month after a ransomware worm crippled parts of the country’s health service. The House of Commons Read more…

Reuters | By: Byron Kaye and Jamie Freed | Fri Jun 23, 2017 | 2:27am EDT: A second Australian state on Friday said it was open to charging its own bank tax, raising fears the federal government has opened a “Pandora’s box” by slapping a A$6.2 billion ($4.7 billion) levy Read more…

National Election Defense Coalition: June 21, 2017: Dear Member of Congress: Faith in American democracy rests on the integrity of our elections. So it stands to reason that lawmakers and administrators from both political parties should prioritize efforts to minimize election security risks. While there has been encouraging progress to Read more…

Abstract | Kuran, Timur and Sunstein, Cass R. | Availability Cascades and Risk Regulation | Stanford Law Review, Vol. 51, No. 4, 1999 | U of Chicago, Public Law Working Paper No. 181 | U of Chicago Law & Economics, Olin Working Paper No. 384: An availability cascade is a Read more…

The Wall Street Journal | By: Gregor Stuart Hunter | Updated June 21, 2017 1:12 a.m. ET: Inclusion of mainland China markets in major benchmark indexes is expected to lead to global investors focusing on corporate governance. MSCI Inc.’s decision to include mainland Chinese shares in its global benchmarks for Read more…

LinkedIn | Wall Street Journal | By: Nick Elliott (WSJ Editor) & Rob Sloan | June 20, 2017: Trust is normally considered a virtue in business but as the National Security Agency looks across the landscape of cybersecurity threats it sees trusted relationships as a major weakness for companies. These Read more…

The FCPA Blog | By: Richard L. Cassin | Wednesday, June 21, 2017 at 8:28AM: What’s the biggest change in the compliance landscape? It’s the deep engagement of boards and senior management. Today they understand the risks of reputational damage and want to stay a step ahead of the compliance Read more…

The Financial Times | 21st June 2017: Offshore companies’ funds more than double the IMF’s estimate in 2010. Offshore companies in the British Virgin Islands have assets of more than $1.5tn, more than twice the sum estimated in 2010. Two-thirds of the offshore companies registered in the BVI are used Read more…

The Washington Post | By: Brian Fung, Craig Timberg and Matea Gold | June 19 2017 | 2:42 PM: Detailed information on nearly every U.S. voter — including in some cases their ethnicity, religion and views on political issues — was left exposed online for two weeks by a political Read more…

Reuters | China Daily | Mon Jun 19, 2017 | 9:08pm EDT: State-owned China Railway Group (601390.SS) has signed a $2.5 billion memorandum of understanding with Russia to build a high-speed railway in the country, the China Daily reported on Tuesday. President Xi Jinping has championed what China calls the Read more…

The Wall Street Journal | By Melanie Evans | June 18, 2017 3:30 p.m. ET: Some breaches at hospitals involving ransomware don’t have to be made public, a loophole some are trying to close. A cyberattack last year paralyzed MedStar Health computers, forcing the Maryland operator of 10 hospitals and Read more…

The Wall Street Journal | By David Schoenbrod | June 18, 2017 5:35 p.m. ET: Lawmakers seek credit for benefits while evading blame for burdens. Change will require them to act. Candidate Donald Trump vowed to spur economic growth by freeing businesses from burdensome regulation. President Trump has fallen short Read more…

The Wall Street Journal | By: Shane Harris and Kate Fazzini | June 19, 2017 9:00 a.m. ET: UpGuard says information on nearly 200 million American voters was available on a public server. A computer-security company said that a proprietary data set containing personal information on nearly 200 million American Read more…

The Wall Street Journal | By: Nektaria Stamouli and William Wilkes | June 19, 2017 1:06 p.m. ET: Greece’s blockage of EU rebuke shows how China’s investments in bloc’s strapped economies pay off. Greece’s recent veto of a European Union statement condemning Chinese human-rights violations shows the return Beijing is Read more…

Sageret | Paris | June 13, 2017 (AFP): The inquiry into the Franco-Swiss cement manufacturer Lafarge Holcim, which was accused of having indirectly financed armed groups in Syria, was handed over to three investigating judges, the court said on Tuesday. The judicial inquiry, opened on 9 June, targeted the heads Read more…

Reuters | Financial Times | June 19 2017: Agents pursue ‘leavers’ who moved Swiss bank accounts to other offshore centres. US tax authorities are intensifying their efforts to find tax evaders and the bankers who assist them, deploying agents to examine reams of data collected from the Panama Papers, Swiss Read more…

The Financial Times | June 18 2017: Fears of Russian influence revive drive to track corporations’ true owners. US lawmakers are launching a fresh effort to outlaw “shell companies” amid fears that Russia is exploiting such opaque corporate vehicles to spread its influence. Charles Grassley, Senate judiciary committee chairman, and Read more…

The Wall Street Journal | By: Natalia Drozdiak | Updated June 16, 2017 4:50 a.m. ET: Penalty could reach as high as 10% of annual revenue, which was more than $90 billion in 2016. The European Union’s antitrust watchdog in the coming weeks is set to hit Alphabet Inc.’s Google Read more…

Bank Of International Settlements | June 2017: Being aware of the risks incurred by banks of being used, intentionally or unintentionally, for criminal activities, the Basel Committee on Banking Supervision is issuing these guidelines to describe how banks should include money laundering (ML) and financing of terrorism (FT) risks within Read more…

Harvard Business Review | HBR Ideacast | July 2017: Mihir Desai, professor at Harvard Business School and Harvard Law School, argues for re-humanizing finance. He says the practice of finance, with increasing quantification, has lost touch with its foundations. But he says finance can be principled, ethical, even life-affirming. And Read more…

Rand Corporation | By: John S. Davis II, Benjamin Adam Boudreaux, Jonathan William Welburn, Jair Aguirre, Cordaye Ogletree, Geoffrey McGovern, Michael Chase: The public attribution of a malicious cyber incident consists of identifying the responsible party behind the activity. A cyber attribution finding is a necessary prerequisite for holding actors Read more…

Financial Times | 7th June 2017: Deal to abolish ‘treaty shopping’ hailed as a turning point. Some 70 countries will sign a pact on Wednesday to crack down on international tax avoidance, with changes that backers say will increase the worldwide corporate tax take by up to 10 per cent. Read more…

The Washington Post | By Cleve R. Wootson Jr. June 6 at 1:07 PM: For the small fraternity of people who make their living coaxing musical notes out of vulnerable pieces of wood and metal, few things are more terrifying than seeing an expensive, defenseless instrument disappear on that little Read more…

Reuters | Business News | By: Roslan Khasawneh and Oleg Vukmanovic | Tue Jun 6, 2017 | 2:39pm EDT: A campaign by leading Arab powers to isolate Qatar is disrupting trade in commodities from crude oil to metals and food, and deepening fears of a possible jolt to the global Read more…

Reuters | Business News | By: Victoria Bryan | Tue Jun 6, 2017 | 7:30pm EDT: Feeling the heat from customer complaints amplified by social media, airline executives meeting in Mexico this week said they need to apologize and explain more quickly when things go wrong. In the past few Read more…

The FCPA Blog | By: Richard L. Cassin | Tuesday, June 6, 2017 at 7:18AM: The U.S. Supreme Court Monday ruled 9-0 to limit the Securities and Exchange Commission’s legal authority to recover ill-gotten profits from defendants. The Supreme Court in Kokesh v. SEC said the SEC’s use of the Read more…

La Ligne | Issue 625 | May 2017: On 21 March, to the surprise of all, the US Department of Homeland Security issued a security directive requiring passengers flying between certain airports from the Near / Middle East or North Africa to the United States to store any electronic device Read more…

La Ligne | Issue 625 | May 2017: The delicate management of a global phenomenon. (Loosely translated from the original French): Planes diverted, passengers disembarked, threats, violent behavior, intoxication … such are the situations regularly experienced by many travellers, resulting from the acts of a minority of passengers. However, the Read more…

Reuters | By: Tim Hepher | Sun Jun 4, 2017 | 7:36pm EDT: Airlines are being urged to train more flight attendants to help prevent human trafficking, placing cabin crew on the front line of the fight against sexual exploitation and slavery. Airline leaders meeting in Mexico will be briefed Read more…

Wall Street Journal | By: Liyan Qi and Chao Deng | June 2, 2017 4:48 a.m. ET: China is facing increased capital-outflow pressures. China’s foreign-exchange regulator said it would launch a new system to monitor overseas spending using domestic bank cards, the latest move in a broader effort to curb Read more…

FRA – European Union Agency for Fundamental Rights: Mapping Member States’ legal frameworks. Protecting the public from genuine threats to security and safeguarding fundamental rights involves a delicate balance, and has become a particularly complex challenge in recent years. Terror attacks worldwide have triggered broad measures allowing intelligence services to Read more…

The New York Times | By: Julie Hirschfeld Davis and Kate Kelly | June 3, 2017: WASHINGTON — President Trump will lay out a vision this coming week for sharply curtailing the federal government’s funding of the nation’s infrastructure and calling upon states, cities and corporations to shoulder most of Read more…

The FCPA Blog | By Richard L. Cassin | Thursday, June 1, 2017 at 8:02AM: Shearman & Sterling has published a client alert a lot of us need these days — “Transacting Business During a Corruption Investigation.” Why an alert about doing business during an investigation? Because investigations can continue Read more…

Nextgov | By: Heather Timmons | May 31, 2017: U.S. President Donald Trump continues to rail against press coverage of leaks from his administration and government agencies, most recently accusing the news media—offering no evidence—of reporting on lies and calling them leaks. But there’s no sign the leaks are going Read more…

The FCPA Blog |By: Richard L. Cassin |Thursday, June 1, 2017 at 7:08AM: The son of a former Prime Minister of Gabon was sentenced Wednesday to two years in prison for conspiring to violate the Foreign Corrupt Practices Act by bribing government officials in Africa. Samuel Mebiame, 43, was a Read more…

Reuters | By: Yeganeh Torbati |Thu Jun 1, 2017 | 5:45am EDT: The Trump administration has rolled out a new questionnaire for U.S. visa applicants worldwide that asks for social media handles for the last five years and biographical information going back 15 years. The new questions, part of an Read more…

Mining Weekly | By: Martin Creamer | 31st May 2017: JOHANNESBURG (miningweekly.com) – The South African government is refusing to grant an exemption to diamond mining company De Beers Consolidated Mines (DBCM) relating to the exportation of diamonds to neighbouring Botswana for aggregation, Mining Weekly Online can today report. Aggregation Read more…

Reuters | By: Eric Auchard | Wed May 31, 2017 | 12:03pm EDT: Veteran espionage researcher Jon DiMaggio was hot on the trail three months ago of what on the face of it looked like a menacing new industrial espionage attack by Russian cyber spies. All the hallmarks were there: Read more…

FINRA | May 2017: FINRA has received a number of calls recently from individuals who have received unexpected checks, some from organizations whose names are household words. To those callers, we offer a concise response: Don’t cash the check, it’s almost certainly counterfeit. In many instances, the name of a Read more…

The FCPA Blog | By: Selva Ozelli | Wednesday, May 31, 2017 at 8:22AM: Bill Steinman recently wrote a post for the FCPA Blog about compliance risks in offset obligations. I’d like to continue that discussion, this time with some information about international cooperation to clean up offset transactions, and Read more…

Financial Times | 31 May 2017: Businesses warn rules will increase costs and leave them more vulnerable to spying. China’s first cyber security law will increase costs for multinationals, leave them vulnerable to industrial espionage and give Chinese companies an unfair advantage, business representatives and analysts have warned. Aspects of Read more…

Security Today | May 26, 2017: After the summer rush, TSA may change up their security procedures. Travelers should expect more changes at airport security checkpoint lanes in the coming months, according to an article by The Wall Street Journal. The Transportation Security Administration has been playing around with new Read more…

Reuters | By: David Gray |Tue May 30, 2017 | 1:31am EDT: The Australian government has delayed the date of the first payment of its A$6.2 billion ($4.60 billion) bank tax by three months and excluded some liabilities from the levy, according to proposed legislation released on Tuesday. The legislation Read more…

Wall Street Journal | By: Max Colchester | May 29, 2017 | 2:20 p.m. ET: Shareholders accepted 82 pence per share, well below £2 to £2.30 they paid during 2008 rights issue. Royal Bank of Scotland Group PLC investors reached a settlement with the bank Monday in a dispute related Read more…

Reuters | World News | By; Tom Miles | Mon May 29, 2017 | 3:33pm EDT: Britain is undergoing a subtle but alarming shift towards criminalizing peaceful protest and free expression, said a U.N. report on Monday that likened it to a “Big Brother” state of surveillance and suspicion. The Read more…

Tribune De Geneve: Financial Spot: The President of the Swiss Bankers Association expresses concern about the automatic exchange of tax information with the United States. Since New Year, Swiss banks collect data on the assets of the majority of their foreign customers in order to send them to the federal Read more…

Reuters | By: Dustin Volz | Technology News | Fri May 26, 2017 | 11:56am EDT: Facebook, Amazon and more than two dozen other U.S. technology companies pressed Congress on Friday to make changes to a broad internet surveillance law, saying they were necessary to improve privacy protections and increase Read more…

Wall Street Journal | By: Adam Janofsky | May 25, 2017 11:02 a.m. ET: As companies rush to comply with the European Union’s General Data Protection Regulation, the United Kingdom’s data regulator said Thursday that businesses must be prepared to “tell it all and tell it fast” if they experience Read more…

Wall Street Journal | Deloitte | Risk & Compliance Journal: Twenty years ago, the typical consumer had only one password—for email—and it was likely an easily guessed word or name. Today, users visit countless online resources and seem to create a new account every few days. Whether it’s to access Read more…

The FCPA Blog: By: Richard L. Cassin and Qui Tam | Friday, May 26, 2017 at 8:22AM: A doctor who worked for a hospital in Missouri will received $5.4 million from the settlement of a false claims lawsuit he filed against his employer and another hospital. Dr. Viran Roger Holden Read more…

About The Video Above: People would care more about privacy if they knew how exposed they already are online, says WSJ Personal Tech columnist Geoffrey A. Fowler. In an experiment, he showed a handful of strangers their own personal info—and managed to shock every one. Photo/Video: Emily Prapuolenis/The Wall Street Read more…

The Wall Street Journal | By: Paul J. Davies |May 25, 2017 9:14 a.m. ET: Long battle over update to Basel capital rules is finishing closer to U.S. demands If walking away from the table was a U.S. tactic in negotiations over global bank capital rules, it appears to have Read more…

Reuters | Business News | Thu May 25, 2017 | 7:23pm EDT: Saudi Aramco plans to spend $18 billion in the next five years to expand its operations in the Americas, focusing on its U.S. oil refining subsidiary Motiva Enterprises, Motiva said on Thursday. Motiva (MOTIV.UL) called the $18 billion Read more…

Reuters | Cyber Risk | Thu May 25, 2017 | 12:51pm EDT: A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected more than 300,000 computers worldwide, cybersecurity researchers said on Thursday. Read more…

The Financial Times | May 25 2017: Latest step in watchdog’s assault on Washington’s ‘political intelligence’ industry. The Securities and Exchange Commission on Wednesday charged that an alleged four-man insider trading ring had turned confidential government information about Medicare reimbursement rates into lucrative healthcare stock tips. Christopher Worrall, 39, a Read more…

Financial Times | 25 May 2017: British security officials consider holding back sensitive information from America. British security officials investigating the Manchester terror attack are considering withholding sensitive information from Washington after a series of damaging leaks they fear are endangering British lives. Such a move would break with years Read more…

The Washington Post | By: By Elizabeth Dwoskin and Craig Timberg | May 23 2017: Google has begun using billions of credit-card transaction records to prove that its online ads are prompting people to make purchases – even when they happen offline in brick-and-mortar stores, the company said Tuesday. The Read more…

The Washington Post | Opinion | May 24th 2017: This newspaper’s legendary former publisher, Philip Graham, famously described journalism as the business of writing the “first rough draft of history.” This week, as President Trump gave a historic speech in Saudi Arabia before the leaders of more than 50 Muslim-majority Read more…

The Washington Post | May 25 2017: Attorney General Jeff Sessions did not reveal meetings with Russian officials when he applied for his security clearance to serve as the nation’s highest-ranking law enforcement official. Sessions came under fire earlier this year for not disclosing to the Senate Judiciary Committee during Read more…

Reuters | Politics | Wed May 24, 2017 | 12:25pm EDT: Democrats on a U.S. of House of Representatives panel have asked Deutsche Bank (DBKGn.DE) to provide information on whether any accounts connected to President Donald Trump have ties to Russia, adding another dimension to probes into connections between Moscow Read more…

Reuters | Technology News | By: Jack Stubbs | Wed May 24, 2017 | 11:35am EDT: Russia’s postal service was hit by Wannacry ransomware last week and some of its computers are still down, three employees in Moscow said, the latest sign of weaknesses that have made the country a Read more…

Financial Times | 24 May 2017: Criminal gangs cost Mexican state oil company $1bn a year through stolen petrol. José Antonio González Anaya, the turnround economist at the helm of Pemex, flips open his iPad and pores over footage shot by a drone. Taken at midnight in central Mexico some Read more…

The Washington Post | By: Rachel Weiner | May 23 at 3:38 PM: A lawsuit challenging electronic surveillance by the National Security Agency will go forward, a federal appeals court ruled Tuesday. Wikimedia can now make the case that the NSA is unconstitutionally spying on Americans though a program called Read more…

Reuters | Cyber Risk | By: Jack Stubbs | MOSCOW | Mon May 22, 2017 | 1:57pm EDT: Russian cyber criminals used malware planted on Android mobile devices to steal from domestic bank customers and were planning to target European lenders before their arrest, investigators and sources with knowledge of Read more…

2017 OECD Anti-Corruption & Integrity Forum: Global Standard for Payment Disclosure Introduction To The Report: The need for globally applicable transparency and anti-corruption legislation gained momentum after the global credit crisis of 2007/2008 that was tied to losses from opaque leveraged mortgage-backed securities, which were hidden in tax havens. It Read more…

The FCPA Blog | By: Richard L. Cassin |Monday, May 22, 2017 at 7:28AM: The U.S. Senate voted in February to repeal an SEC rule that would have required oil and gas and mining companies to disclose each year all of their payments to foreign governments for exploration and production Read more…

Tribune De Geneve | May 21 2017: Switzerland-United States The question of the confidentiality of bank data is not settled, one year from the entry into force of the automatic exchange of information. According to the president of the Swiss Bankers Association (SBA) Herbert Scheidt, there is a risk that Read more…

Reuters | Guardian | Mon May 22, 2017 | 12:20am EDT: Leaked Facebook Inc. documents show how the social media company moderates issues such as hate speech, terrorism, pornography and self-harm on its platform, the Guardian reported, citing internal guidelines seen by the newspaper. New challenges such as “revenge porn” Read more…

Reuters | Sat May 20, 2017 | 12:19pm EDT: U.S. private equity firm Blackstone (BX.N) and Saudi Arabia’s main sovereign wealth fund said on Saturday they planned to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States. Blackstone and the Public Investment Fund (PIF) Read more…

Source: Xinhua | 2017-05-21 15:39:21 | Editor: MJ: The recent WannaCry ransomware outbreak across the world is the latest alarm about cybersecurity that demands immediate efforts at different levels, including international cooperation. It has been found that measures as simple as official Microsoft patch installation and security software update can Read more…

Source: Xinhua| 2017-05-20 20:00:42|Editor: Song Lifang: New Zealand is in no way insulated from the global growth in antimicrobial resistance that is predicted to kill more than 10 million people worldwide every year by 2050 and to have major impacts on animal health, the Royal Society of New Zealand has Read more…

Reuters | Cyber Risk | By: Eric Auchard | Fri May 19, 2017 | 5:13pm EDT: French researchers said on Friday they had found a last-chance way for technicians to save Windows files encrypted by WannaCry, racing against a deadline as the ransomware threatens to start locking up victims’ computers Read more…