The World Bank announced the debarment of two China construction companies and a medical equipment supplier in Romania. Zhengtai Group
A lawmaker from Romania’s ruling Social Democrats proposed extending a draft bill granting prison pardons to include corruption offences, weeks after protests forced the government to abandon plans to decriminalize some graft charges.
Two weeks ago, hundreds of thousands of Romanians took to the streets to protest against their government, which, with virtually no public debate, had amended the country’s anti-corruption legislation.
While hundreds of thousands protested the weakening of anti-corruption laws in Romania last week, the European Commission was reneging on its commitments and quietly axing an innovative report that put the spotlight on corruption across the EU.
The European Commission today (2 February) refused to comment when faced with allegations that it had quietly shelved a regular anti-corruption report, as massive anti-graft protests took place in Romania.
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 ...
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 ...
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 ...
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 ...
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 ...
Senator Chiz Escudero has urged the Senate to approve amendments to the Anti-Money Laundering Act (AMLA) that places casinos within
Syria and Venezuela plotted in recent years to evade international sanctions on Syria through a secret deal to transport its
A major reform of the Dodd-Frank Act moved towards expected passage in the House Wednesday during a hearing on the
White House economic adviser Gary Cohn says President Donald Trump is “looking at” the future of U.S. sanctions on Russia.