Denmark was “very close” earlier this year to ending up “in the worst company” amid a review of its anti-money
Compliance professionals in many large organizations are faced with a dilemma: is it possible to maintain the clarity of a single global compliance policy while still complying with the increasingly divergent local laws?
COPENHAGEN: Denmark needs to improve its anti money laundering efforts, the internal organisation Financial Action Task Force (FTAF), an international
Denmark will raise its minimum penalty for money laundering and will extend punishment to anyone who avoids reporting possible money
The study finds that the 1000 richest families in Scandinavia have withheld as much as 32 percent of the taxes they
A unanimous Parliament yesterday agreed to significantly step up Denmark’s efforts to combat international tax evasion. Among the new initiatives
Researchers at the University of Limerick are undertaking an investigation into tax and evasion in the European Union, in line with their European counterparts.
The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing
Regulators the world over are stepping up the war against financial crime, issuing a raft of rules and hitting banks with some serious penalties. Despite these efforts, it’s still not uncommon to hear of financial ...
Susan has been making her living from crime for over twenty years. She provides anti-money laundering training and advice to the regulated community in the UK, Guernsey, Jersey, the Isle of Man and Gibraltar, ...
Catalan President Carles Puigdemont’s declaration to suspend independence on Tuesday may have disappointed the ‘Catalexit’ camp, but a move to immediately break away from Spain would have triggered insurmountable challenges, including financial regulatory obstacles. Addressing Cataln’s ...
Despite all of the best efforts by regulators, clients and even the banks themselves, bank fraud still goes on. A report by the UK’s National Audit Office (NAO) claims that banking fraud is still rising ...
9 October 2017 KYC360 News The United States has lifted key sanctions on Sudan, ending more than two decades of economic restrictions with the North African state. The revocation, which will be effective as of 12 October, is ...
The European Union on Monday ratcheted up pressure on North Korea (DPRK) over its nuclear, imposing fresh restrictions aimed crippling
Ernst & Young has been hit with a £2,75 million penalty, reduced to £1,8m, for misconduct in the audit of
The Reserve Bank of India (RBI) last week released a set of master directions for issuance and operation of Prepaid
The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017, also known as Australia’s “bitcoin bill”, has marked some important progress.