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UK banks to phase out remote working

Working from home became the norm during the Covid-19 pandemic and is seen by many as one of the few positive outcomes of lockdown. However, the golden days of logging on wearing your pyjamas could soon be over, as many banks are now launching plans to roll back remote working and get staff back into the office as much as possible. 

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FINMA highlights AML shortcomings in Swiss banks

After looking into the anti-money laundering efforts of 30 major banks over the spring, Swiss financial regulator, FINMA, has published a new set of guidelines, outlining its findings and highlighting measures Swiss banks must take to improve their protections against money laundering – a longstanding problem in the region. 

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Crypto exchange Bittrex to settle SEC charges for US$24m

The US Securities and Exchange Commission (SEC) has confirmed that crypto exchange Bittrex and its co-founder and former CEO, William Shihara, have agreed a settlement for charges that they were operating as an unregistered national securities exchange, broker and clearing agency. 

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