A substantial number of compliance officers (about 44 per cent) lack confidence in the anti-money laundering (AML) programmes of their organisations, according to a new report.
The Cayman Islands Monetary Authority (CIMA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) signed
One57’s construction was funded by a subsidiary of an Abu Dhabi company linked to a global money laundering investigation, according to the New York Post.
ABU DHABI – The Jersey Financial Services Commission, JFSC, today signed a landmark Memorandum of Understanding, MoU, with the Financial Services Regulatory Authority, FSRA, of Abu Dhabi Global Market, ADGM, which puts in place a formal mechanism to enable the regulatory authorities to co-operate on supervisory matters and exchange of information to maintain the stability and well-being of the financial systems in each respective capital market.
As regulatory compliance initiatives move toward utilizing machine learning and artificial intelligence (AI), what effect might the increased efficacy of AML programs have on developing nations and small financial players without large compliance budgets? More ...
In a cover story for Dawn, Pakistan's leading English-language newspaper, journalist Khurram Husain writes that money laundering has become central to the normal functioning of the country's economy. Speaking to Amos Wittenberg, Khurram explains how this came ...
Scrapping the Serious Fraud Office is a huge step backwards in the UK’s fight against financial crime
In its manifesto, released yesterday, the Conservative Party pledged to abolish the Serious Fraud Office (SFO) as an independent agency, instead merging it with the much larger National Crime Agency (NCA): 'We will strengthen Britain’s response ...
On 3rd April 2017, the UK Treasury gained access to new penalties for individuals and firms that breach UK financial sanctions. Under the new rules, any persons deemed to have been involved in serious breaches after the ...
Barrister & leading financial crime investigator Tom Devlin offers practical guidance on creating a watertight and cost effective compliance regime. He looks at systems, employee training and continuing professional development, and the critical but often overlooked issue of corporate ...
The US Chargé d’Affaires at the Embassy in Sudan cannot say how the Trump administration will deal with the decision
FinTech has no doubt changed the face of the financial services industry in the U.S., but experts are beginning to
The Monetary Authority of Macao announced on Friday the establishment of a “Financial Security Expert Alliance”, in collaboration with the
The White House moved Friday to calm an exasperated world after a close adviser to President Donald Trump suggested the