An investigation into a construction firm sparks allegations of bribes from Panama to Peru.
From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals, and by rising public outrage over graft.
The office of Peru’s attorney general has reopened a corruption inquiry into whether President Pedro Pablo Kuczynski helped a Brazilian company win public work contracts while he was prime minister a decade ago, legal documents showed on Tuesday.
The U.S. government sanctioned three leaders of Peru’s Shining Path guerrilla movement Tuesday, saying they “actively engaged in terrorism” as part of their mission to overthrow the Peruvian government.
Peruvian prosecutors said they have evidence to convict ex-president Ollanta Humala of money laundering, accusing him of taking illicit funds from Venezuela and Brazilian construction companies, the attorney general’s office said Friday.
Peru’s Popular Force party, led by Keiko Fujimori, has rejected a bill to strengthen prosecutors investigating money laundering, calling into question the
Prosecutors have seized various properties belonging to former President Alejandro Toledo and his family as his trial for money laundering
An investment fund can be utilised by those seeking to launder money. Investment funds are particularly suitable for money laundering where a large sum of illicit money is already within the financial system.
It is a precarious victory that Romania's 500,000 protesters earned last week, and it is characteristic of current public sentiment that there have been no celebrations. There is widespread distrust of the government, partly due ...
This is the transcript of a speech given by John Griffith Jones, Chairman at the UK's Financial Conduct Authority, to MBA students at Cambridge Judge Business School. It is republished here with the FCA's permission. Thank you ...
The fallout from a massive bribery scandal that helped to bring down a Brazilian president is spreading across Latin America, threatening to engulf leaders from Panama to Peru. The workings of a secret “bribery department” at ...
Serious and organised crime costs the UK £24bn annually, and threatens the safety of the British public. Accountants form a crucial part of the front line when it comes to spotting suspicious financial activity and ...
HSBC has cut the pay package of its top executives in 2016 after Britain’s biggest bank failed to meet demands by US regulators that it toughen up its defences against financial crime.
On 17 January 2017, at Southwark Crown Court, Lord Justice Leveson approved a deferred prosecution agreement (“DPA”) between the Serious Fraud Office (“SFO”), and Rolls-Royce Plc and Rolls-Royce Energy System Inc (“Rolls-Royce”). The third DPA agreed by the SFO has led some to wonder whether DPAs have finally come of age as a weapon the SFO’s enforcement arsenal.
In late November, Jay Clayton was called by a longtime client seeking advice for how the Trump administration should tackle scaling back rules on Wall Street.
European Supervisory Authorities warn on money laundering and terrorist financing risks affecting the EU financial sector
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today a joint Opinion addressed to the European Commission on the risks of money laundering (ML) and terrorist financing (TF) affecting the European Union’s financial sector.