SBWire

While it may be true that anti-money laundering regulations rarely deviate in their goal to prevent financial crime, the way this is approached is constantly evolving. This is a necessary part of the process, not just to ensure that current regulations have the widest possible reach - and encompass the latest methods being used by financial criminals - but also that they take into account new platforms and technology. One obvious example of this is the way that regulations are currently evolving in order to take into account the unique situation of crypto assets businesses, which come with a whole new range of high-risk factors that mean enhanced risk mitigation and anti-money laundering compliance monitoring is a necessity. Obligations for anti-money laundering monitoring extend to every organisation, from the smallest start-ups to global companies. Investing in effective anti-money laundering solutions is vital to ensure compliance.

Financial services firms now face an almost-unprecedented level of regulatory change and almost three quarters expect their regulatory burden to increase in the coming year This is creating significant challenges for firms, large and small as all look for ways to process exceptionally high activity and demand. The major issue for most is the lack of headcount to help deal with the increase in regulatory activity. While most financial services companies are looking ahead at the coming year and see more changes to deal with, 61% (according to a recent Reuters survey) say that they don't believe their teams will increase in size as a result. This is even more of a challenge in the UK where 65% of firms in this sector say that they won't be recruiting additional compliance risk specialists in the next 12 months.

The graphene industry is growing due to the rise in demand for graphene from various applications, globally.

Asia-Pacific is the fastest-growing market for animal genetics market during the forecast period.

Certain directors of TrueBlue, Inc. are under investigation over potential breaches of fiduciary duties.

An update was announced in the lawsuit that is pending for certain investors in shares of Playtika Holding Corp. (NASDAQ:PLTK).

GSK plc is under investigation over potential securities laws violations in connection with certain financial statements.

This research report categorizes the geospatial analytics market based on components, solution, type, application, deployment mode, organization size, application, vertical, and regions.

Predictive Analytics Market with Covid-19 Impact Analysis by Solution (Financial Analytics, Risk Analytics, Marketing Analytics, Web & Social Media Analytics), Service, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026

The laser marking market is estimated to grow from USD 2.9 billion in 2022 to reach USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to increasing adoption of laser markers in various industries for traceability and identification of parts and growing adoption of smart manufacturing techniques.

The global household robots market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027. The growth of this market is driven by factors such as the growing demand for autonomous robots, rising use of IoT in robots for cost-effective predictive maintenance, increasing government initiatives for the development of robotic technologies, and increasing demand for robots in the domestic segment.

The global energy as a service market is expected to grow from an estimated USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% during the forecast period.

Anti-money laundering compliance is a vital focus for organizations today. One recent example of how important this is becoming is the Robinhood fine. This is the action that was taken against the crypto arm of Robinhood Markets for alleged violations of anti-money laundering regulations. In total, the crypto asset trading firm was fined $30 million, a significant sum that is clearly designed to set a precedent when it comes to anti-money laundering compliance. Some of the highlighted failings by Robinhood present obvious lessons for other crypto assets firms that don't want to fall into the same practices and end up being financially penalized in the same way. It was established that Robinhood not only failed to invest significant enough resources in anti-money laundering compliance and preventing money laundering but also that there were serious lapses, for example in cybersecurity.

"Strong and decisive action" is how The Cullen Report described the measures that are now necessary for organizations to combat money laundering on a global level. The author of the report, Commissioner Austin Cullen, said that money laundering is currently flourishing in British Columbia and that steps will need to be taken by every business to ensure that this doesn't continue to be the case. Robust anti-money laundering solutions protect economies and businesses within them - The Cullen Report made it clear that in Canada these measures need to be significantly beefed up. The 1,800+ page document is fairly brutal in its assessment of how serious the problem is and the necessity of implementing anti-money laundering solutions quickly.

Now is the time for organizations to invest in anti-money laundering monitoring. There has never been more pressure to make this a priority, whether that is due to the way that authorities are cracking down on a lack of proactive measures when it comes to money laundering, or to avoid the potentially high fines that can be issued for businesses that fail to comply. The Anti-Money Laundering Act (2020) came into force in 2021 and marked the most significant tightening up of policy with respect to financial crime and money laundering since the USA Patriot Act (2001). Authorities now have expanded power to go after businesses with poor anti-money laundering monitoring and measures in place - in the USA and Europe too. Violations are no longer tolerated, no matter where in the world a business is based, and this is only likely to get stricter as time goes on.

The wave of sanctions that has been imposed on Russia since the invasion of Ukraine have presented a very broad range of challenges - and compliance risk - to banks and fintech firms on a global level. Export controls, sanctions and blocks on providing certain corporate services have made it vital for businesses in this sector to get more efficient when it comes to know your customer checks so as to avoid dealing with unsanctioned parties in the country. For many, the compliance risk has been so high that the decision has been taken to avoid Russia entirely. But for others, there is no option to do this and so the challenge has been to navigate what many have described as the most complex economic punishment that has ever been implemented by the USA.

- In 2020, Stryker acquired Wright Medical for USD 5.4 billion. The acquisition strengthened Stryker’s position in the orthopedics devices market.

- In 2020, Roche Diagnostics entered into partnership with Illumina to provide broad access to clinical oncology next-generation sequencing.

Leading players in Sulfuric Acid Market include The Mosaic Company (US), BASF SE (Germany), OCP Group (Morocco), Chemtrade Logistics Income Fund (Canada), and Nouryon (Netherlands) among others.

BondsIndia declared winner of the "Rising star - Investment Leader of the Year” & the "Most Innovative Investment Management Company of the Year”

The experts at Best Bev, a Pennsburg, PA turnkey beverage manufacturer, know their stuff when it comes to bottling services. As future beverage entrepreneurs look for the best bottling method for their new creations, many decide that glass is the way to go. However, choosing between clear and colored glass isn't always easy. Here are a few pros and cons to keep in mind!

Sustainability is a key priority for any business today - the more sustainable investments we make, the more protection we provide for our children in the future. There are so many ways to make an impact when it comes to sustainability, including with respect to supply chain choices and partnerships. Playtop is committed to being the surfacing industry's green leader, prioritising the issue of sustainability and providing options for organisations with surfacing needs to make the greenest possible choice.

The right playground equipment can make all the difference to the experience that children have when they're young. Exploring physical ability and fitness, being able to learn and play outside and getting used to socialising with others are all part of the benefits that this type of outdoor play equipment can provide. Caloo has more than 10 years' experience in the industry and the team has helped children of all ages and abilities to develop, grow and socialise in an outdoor play setting. From schools and nurseries to local council parks, the team has brought many play areas to life.

Surface cleaning and maintenance solutions from Novasport

The Shareholders Foundation announced that a deadline is coming up on September 19, 2022 in the lawsuit filed for certain investors of 17 Education & Technology Group Inc. (NASDAQ: YQ).