Swiss federal prosecutors have opened a criminal investigation into whether the private bank Lombard Odier failed to prevent money laundering, they said on Thursday.
Stefan Cassella of Asset Forfeiture Law, LLC comments on US v Rains, which evaluated the definition of ‘excessive’ forfeiture of property in
The former director of the Financial Limited network, Charlie Palmer, who is attempting to challenge a Financial Conduct Authority (FCA) decision to fine him, said he knew better than the regulator how to run a business.
JSOT is an enforcement partnership between the ASC, the RCMP Federal Policing’s Financial Integrity Program and Alberta Crown Prosecution Service.
The United States is providing Trinidad and Tobago with assistance in combating money laundering and terrorism financing, the US Embassy here announced Tuesday.
HSBC is being investigated by the City watchdog over concerns about its anti-money laundering controls, Europe’s biggest bank revealed as it posted a shock plunge in profits that sent its shares tumbling.
An Auckland contractor and public official have been jailed for corruption worth more than $1 million relating to roading contracts.
Tariq Ahmed Dar, who was convicted in the 2005 Diwali-eve serial blasts in Delhi that claimed 67 lives, was on Monday granted bail by a Delhi court in a related money laundering case.
Televangelist Dr Zakir Naik has finally responded to the legal proceedings initiated against him in Mumbai and offered to be available through Skype or such other application for questioning by the law enforcement agencies in India.
Campaigners have frequently branded the UK a world money-laundering hotspot, citing the 'terrifying' scale of illicit funds that make their way through the City of London. Is this fair? What is the UK Government doing to ...
Tom Devlin interviews Sam Thampapillai, associate in the financial services disputes and investigations group at Eversheds Sutherland. Sam has focused his recent work on developing technologies and financial crime. In this video he focuses on Blockchain, offering an ...
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. Mr. Clayton, a partner at Sullivan & Cromwell LLP who ...
The old Ottoman Empire had the most direct way of going about these things. When the old sultan died, his successor would seize all his brothers and half-brothers, slit their throats and dump their corpses ...
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 ...
China has appointed Guo Shuqing as the new head of the banking regulator, according to people familiar with the matter. Having spent much of his life working on transforming the nation’s financial system, Guo, 60, faces daunting tasks ahead as he takes on oversight of the world’s largest banking industry by assets.
The regulations apply to all-cash buyers using shell companies in places like New York City, Miami and Los Angeles.
Just 215 wealthy people were granted an investor visa for the U.K. last year after the government doubled the investment needed to 2 million pounds ($2.5 million) and introduced new money-laundering checks in 2014.
Capital One Financial Corp. is under investigation for its anti-money-laundering program, according to the company’s annual securities filing.