The biggest bank in the Nordic region says this month’s ransomware attack underscores the need for lawmakers to look more
The World Economic Forum has released its 2017 “Inclusive Growth and Development Report” — a major look into how nations around the world can best ensure that their businesses and institutions function as efficiently as possible.
The National Bureau of Investigation (NBI) says that banks are placing more effort into crime-fighting. Meanwhile people in Finland are still falling prey to seemingly-obvious internet scams, says its Financial Intelligence Unit.
Senior National Coalition Party MP Ilkka Kanerva has called on the government to develop legislation and to step up intelligence cooperation to combat the threat of terrorism. Kanerva told Yle that Finland lags behind its Nordic peers in funding for anti-terrorism programmes.
Uzbekistan and Finland signed a protocol on amendments to the Uzbek-Finnish intergovernmental agreement on avoidance of double taxation and prevention of income tax evasion, the Uzbek foreign ministry’s statement posted on its website said.
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