Researchers at the University of Limerick are undertaking an investigation into tax and evasion in the European Union, in line with their European counterparts.
New rules for banks under the Amendment to the Anti-Money Laundering Act (“the Amendment”) came into effect on 1 January 2017.
Prime Minister Bohuslav Sobotka has called on the Czech tax authorities to launch a thorough investigation into the activities of close to 300 Czechs who are among those named in the Panama Papers. The list of Czechs suspected of using offshore companies to avoid paying tax includes the country’s richest Czech, billionaire Petr Kellner, tennis player Tomáš Berdych, owners of Czech solar plants and big players in the 1990 privatization deals.
Prague – The preparation for tax evasion should become a crime in the Czech Republic again after seven years, according to a draft amendment to the Penal Code which the Czech Chamber of Deputies approved on Wednesday.
The country’s special anti-corruption police unit, known Kobra, has prevented tax evasion amounting to 4.1 billion crowns in total since
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