Tag: Bank of Vici

Regulatory Watch News

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  First cohort of GenA.I. Sandbox++

  HKMA

  August 27, 2026

  The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and the Mandatory Provident Fund Schemes Authority (MPFA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cyberport), announced today (27 August) the first cohort of the Generative Artificial Intelligence (GenA.I.) Sandbox++ . From nearly 100 proposals received, 36 use cases have been selected for the first cohort of the GenA.I. Sandbox++, involving 30 financial institutions and 27 technology partners (see Annex). All the proposals were prioritised based on innovation, technical complexity and potential value to the financial industry, as well as advice provided by a selection committee comprising academic experts .

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  Two WA men charged following AFP-FBI-WAPF disruption of alleged global cybercrime syndicate

  Australia Federal Police

  August 27, 2026

  Two West Australian men have been charged following a joint investigation between the AFP and Western Australia Police Force (WAPF), working in parallel with the Federal Bureau of Investigation (FBI), into a sophisticated cybercrime syndicate that allegedly created malicious open-source software to rob thousands of global businesses. The AFP charged the men yesterday (26 August, 2026) with a combined total of 14 offences after executing search warrants in Perth with WAPF, and the assistance of the FBI.  

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  Treasury Takes Action Against Violent Far-Left Terrorist Networks

  OFAC

  August 26, 2026

  WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action to counter the growing threat posed by violent far-left terrorist groups. OFAC sanctioned Autistici Inventati, an Italy-based entity that supplies specialized digital architecture, tools, and services for Antifa cells and other violent far-left extremists, including a foreign terrorist organization; Palestine Action, a United Kingdom (UK)-based organization proscribed as a terrorist group by the UK government in July 2025; and the transnational group Masar Badil, which operates as a front for the Popular Front for the Liberation of Palestine, a designated Foreign Terrorist Organization.