The Bank of Italy and the Japan Financial Services Agency signed a memorandum of cooperation on Dec. 23, 2020 concerning the supervision of cross-border financial institutions.
The Commodity Futures Trading Commission and the Commission Nazionale per le Società e la Borsa signed a memorandum of understanding to cooperate on the supervision of cross-border firms.
Federal lawmaker wants beneficial owners behind Capitol riot identified, senior Commerzbank executive claims Wirecard fraudulently obtained loans, and more, in the weekly roundup.
A small, obscure crime syndicate formed more than two centuries ago in Italy’s rugged south, the ‘Ndrangheta, has grown in global prominence over the past two decades to become the only such group with an active presence on every populated continent, investigators believe.
The Bank of Italy issued a decision requiring the Milan, Italy branch of ING Bank to refrain from engaging in transactions with new customers following a finding of shortcomings in compliance with anti-money laundering requirements.
|Compliant : 18||High : 0|
|Largely Compliant : 20||Substantial : 8|
|Partially Compliant : 2||Moderate : 3|
|Non-Compliant : 0||Low : 0|
Italy's technical compliance was re-rated in a March 27, 2019 follow-up report
|Rank : 99/141|
|Score : 4.61/10|
|Rank : 51/180|
|Score : 53/100|
|Rank : 41/133|
|Score : 50/100|