Topic
Wire Transfer
38 published works
Data Privacy + Cybersecurity Insider
CFOs Beware: You are Being Targeted by Nigerian Hackers
A report released by cybersecurity firm Agari has come to a conclusion that we have experienced all year—that a hacking group in Nigeria, dubbed “London Blue,” is targeting CFOs and…
Wiley Executive Summary
Sixth Circuit Finds Insurer Obligated to Cover Loss from Fraudulent Email Scheme
The U.S. Court of Appeals for the Sixth Circuit, applying Michigan law, has held that the computer fraud provision of a commercial crime policy covers losses from wire transfers sent…
Banking, Finance and Securities
Joint Committee of ESAs’ final guidelines under Wire Transfer Regulation
By Simon Lovegrove (UK), Matthew Gregory (UK)
On 22 September 2017, the Joint Committee of the European Supervisory Authorities (ESAs) has published guidelines under Article 25 of the Wire Transfer Regulation on the measures payment service providers…
Information Bytes
It’s time to annoy your boss
It’s 4:20 p.m. on Friday. You’re looking forward to meeting your friends soon for happy hour at the local bar. Your boss is on vacation, and you’re caught up for…
Wiley Executive Summary
No Crime Coverage for Social Engineering Fraud
The United States Court of Appeals for the Ninth Circuit, applying California law, has held that a crime policy did not afford coverage for a loss caused by an insured’s…
Property Insurance Coverage Law Blog
Is an Email Scam Causing a Business to Lose Clients’ Money Covered Under a First-Party Commercial Policy?
In unpublished decision, the Ninth Circuit Court of Appeals recently denied an accounting firm’s appeal relating to a claim for coverage triggered by an email scam that caused the firm…
Privacy Compliance & Data Security
Bank Security and Wire Transfers: Even Vaulted Systems Can’t Protect All Personal Information
With hackers on the loose, and wire transfers as a place for them to gain unauthorized access to bank accounts, it is no wonder that when it comes to potentially…
Banking, Finance and Securities
Wire Transfer Regulation (revised) and Fourth Anti-Money Laundering Directive published in OJ
On 5 June 2015, there was published in the Official Journal of the EU the: Fourth Anti-Money Laundering Directive; and Wire Transfer Regulation (revised). The Wire Transfer Regulation (revised) shall…
Banking, Finance and Securities
Draft European Parliament legislative resolutions on MLD4 and Wire Transfer Regulation
The European Parliament’s Committee on Economic and Monetary Affairs and its Committee on Civil Liberties, Justice and Home Affairs have published draft recommendations for the second reading relating to the…
Banking, Finance and Securities
Council of EU invites COREPER to endorse and approve MLD4 and Wire Transfer Regulation
The Presidency of the Council of the EU has issued an “I” item note asking the Permanent Representatives Committee (COREPER) to endorse the final compromise texts of the proposed Directive…