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Vystar Corporation Hit with $15 Million Fine for Insufficient Due Diligence in Banking System Launch

In a stark reminder of the importance of robust compliance and thorough due diligence, Vystar Corporation has agreed to pay $15 million to settle...

SupplierAssurance Joins Forces with AIAG to Bolster Supply Chain Transparency and Combat Forced Labor

In a strategic move aimed at reinforcing global supply chain integrity, SupplierAssurance, a leading provider of compliance and risk management solutions, has partnered with...

Corporate Sustainability Due Diligence: Navigating New EU Directives for Business Accountability

In a pivotal move toward reinforcing corporate accountability and transparency, the European Union (EU) has proposed the Corporate Sustainability Due Diligence Directive (CSDDD). This...

Groundbreaking Global Agreement with BNP Paribas Strengthens Worker Protections Worldwide

In a significant move towards enhancing workplace standards and labor rights, BNP Paribas, one of the world’s leading banking institutions, has entered into a...

Nosium’s Due Diligence with Brasseriegruppen Yields Promising Progress Amid Strategic Acquisition Talks

Nosium AB, a company known for its strategic investments in high-potential ventures, has announced a significant step forward in its due diligence process with...

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India Updates UAPA Terrorist and UN Sanctions Screening Rules

Indian regulators have issued fresh UAPA and UN sanctions-list updates, reinforcing screening obligations for banks and regulated financial institutions.

OFAC Removes 125 Entries and Updates Sanctions Screening Data

OFAC removed 125 individuals and entities and updated 22 entries, saying better identifiers can reduce false positives in sanctions screening.

AMLA Seeks Industry Input on Simplified Customer Due Diligence

AMLA is seeking industry input on simplified customer due diligence as it develops guidance for proportionate AML controls in lower-risk situations.

U.S. Treasury Targets Hamas Financing Network Using Crypto

The U.S. Treasury designated individuals and entities linked to a Hamas financing network that used sham charities and cryptocurrency to move more than $2 million.
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