All CDD articles

  • Coinbase
    News Brief

    Coinbase to pay $100M after NYDFS probe into compliance lapses


    Cryptocurrency exchange Coinbase agreed to pay $100 million as part of a settlement with the New York State Department of Financial Services for compliance failures that opened the door for criminals to carry out illegal activity through the platform.

  • Londoncrop

    Mishcon de Reya fined $316K for AML failings


    The Solicitors Regulation Authority, the regulatory body for solicitors in England and Wales, announced British law firm Mishcon de Reya has agreed to pay a financial penalty of £232,500 (U.S. $316,000) for AML compliance violations.

  • KYC

    Understanding the why in CDD


    Compliance practitioners might know how to undertake customer due diligence, but may never ask themselves why and might have limited knowledge of other anti-money laundering areas.