Tags Goldman Sachs

Tag: Goldman Sachs

Goldman Sachs settles $6m SEC penalty for incomplete blue sheet submissions

Goldman Sachs & Co. has settled charges with the Securities and Exchange Commission (SEC) for neglecting to supply comprehensive and precise securities trading details, otherwise known as blue sheet data. The prominent financial institution has consented to a penalty of $6m to conclude the SEC's allegations.

Citigroup, Goldman Sachs slapped with large fines for recordkeeping failures

Goldman Sachs and Citigroup Global Markets have been fined $5.5m and $2.9m respectively for substantial recordkeeping failures.

Managing PEPs: The frontline in battling financial crime in 2023

Politically Exposed Persons (PEPs) are a key topic of discussion right now. Fenergo recently took the chance to dip deeper on PEPs and the fight against financial crime. 

Secure Code Warrior, bags $50m in Series C funding round

Secure Code Warrior, an industry-leading agile learning platform for developer-focused security leaders, has announced the completion of its Series C funding round.

A deep dive into AML non-compliance costs and Flagright’s AI-driven solution

In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.

Compliance intelligent decision-making tool Droit nabs $23m

Droit, a RegTech company providing companies with intelligent decision-making tools for compliance, has raised $23m in its Series B round.

Secure access tech dev Netskope scores $401m

Netskope, a secure access service edge (SASE) provider, has closed an oversubscribed investment round on $401m.

TRM Labs bags $70m to help stop crypto-related fraud

TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.

Data collection RegTech Armalytix nets $1m

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

5 US investment banks face $1bn in fines

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

Download the FREE RegTech100 report


Download the RegTech100 report for 2023 with details on each solution

Essential training, knowledge and forward-thinking in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

50,000+ RegTech leaders get exclusive industry stories delivered every week