The fund announced yesterday that it had removed “remedial measures” against Zimbabwe after the country cleared $108m worth of overdue debts with the fund, stretching back 15 years.
The trial of a Zimbabwe Revenue Authority (ZIMRA) accountant accused of fraudulently transferring VAT refunds for different clients into his
The Zimbabwe Investment Authority (ZIA) says the country lost potential investments worth nearly $3 billion in 2015 as a result
In a surprise move, the United States on Tuesday (5 October) removed Zimbabwean individuals and companies from the sanctions list
Econet’s EcoCash released a public statement today distancing itself from MMM Global Zimbabwe and any other illegal activities such as
The Zimbabwe police headquarters has transferred all Beitbridge district police officers over suspicions they were engaged in corrupt activities. In
The Zimbabwe Anti-Corruption Commission (ZACC) on Thursday suspended for three months, 19 investigating officers on a raft of charges that include leaking information and corruption.
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.