Financial

Speech by Robin Jones, Head of Technology, Resilience & Cyber at the FCA, delivered to the PIMFA Financial Crime Conference, London.

https://www.fca.org.uk/news/speeches/building-cyber-resilience

The rising price of Bitcoin has been met with a surge in cryptocurrency crime as reports of Bitcoin-related fraud tripled in 2017.

http://www.telegraph.co.uk/technology/2018/01/26/bitcoin-fraud-triples-criminals-target-cryptocurrency-boom/

Europe encourages the folly and danger of cryptocurrency exchanges by issuing a license to the world’s largest virtual exchange for Etherium, Litecoin and Bitcoin, whereas Britain remains completely against it, and rightly so

https://financefeeds.com/fca-protects-uk-cryptocurrency-fraud-whilst-eu-allows-issues-license-crypto-exchange/

A flaw which means contactless cards can be used AFTER they've been cancelled has still not been fully fixed almost 18 months after MSE began campaigning on the issue.

https://www.moneysavingexpert.com/news/cards/2018/01/contactless-fraud-loophole-not-fully-fixed-18-months-after-mse-investigation

2018 could represent a shakeup for financial crime watchdogs in the UK, posing questions about what to look out for in UK litigation and investigations.

https://www.strategic-risk-europe.com/uk-financial-crime-necc-to-launch-sfo-director-to-quit/1426147.article

Based within the FCA, the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) aims to improve standards and strengthen cooperation with law enforcement by working alongside the country’s anti-money laundering (AML) supervisors.

https://kyc360.com/news/opbas-anti-money-laundering-watchdog-launched-uk/

The government's online system by which company details are registered and updated, Companies House, is not subject to the same scrutiny as private businesses that offer company formation services

http://www.businessinsider.fr/uk/money-laundering-regulations-companies-house-black-hole-2018-1/

City of London Police dismiss lawyers claim that case against rabbi dropped

https://www.thejc.com/news/uk-news/police-say-rabbi-in-hbfs-fraud-case-still-under-investigation-1.456811

Police have dropped their investigation into the rabbi who was arrested following a probe into the wealth management company HBFS.

https://www.thejc.com/news/uk-news/police-drop-probe-into-rabbi-arrested-in-investment-company-fraud-case-1.456738

A former financial adviser has been banned by the regulator after he was jailed for 37 counts of fraud.

https://www.professionaladviser.com/professional-adviser/news/3024619/ex-adviser-banned-by-fca-for-fraud