The Central GST (CGST) Act provides that if the offences relating to taxable goods and/or services where the amount of
Effective immediately, [HSBC] retail customers must disclose how their accounts are used, in addition to providing their address, contact details,
Republican members of the House Financial Services Committee continued to lay the foundation for a regulatory relief bill for community banks
The New Zealand government is planning to expand the groups of professionals and businesses that have a legal responsibility to report suspicions that their clients are involved in money laundering or terrorist financing.
As part of the EU, the UK has to adhere to the Anti-Money Laundering Directive which is looking at transparency of trusts – but not for much longer.
The agreement follows a number of high profile cyber-attacks on banking systems around the world, which has brought banking security to the top of the agenda.
The UK bookmaking industry has been exempted by the country’s Treasury from the new Fourth EU Money Laundering Directive, thus escaping the onerous and expensive fate of conducting due diligence on every transaction of €2,000 (£1,740 / $2,150) and above.
Dramatic Kenyan bribery law underscores the new reality: Washington and London have no monopoly on talking tough
Kenya’s new Bribery Act, which pairs onerous obligations with severe penalties, may mark the start of a new era in which developing countries pass and enforce anti-bribery laws that are far more stringent than those in “traditional” compliance jurisdictions.
Today is the 85th anniversary of the founding of the North Korean army. Amidst concerns that the event might be marked by yet another nuclear missile test, Donald Trump on Monday urged the UN Security Council to ...
In the first of a new series of audio interviews, Amos Wittenberg speaks to Viv Jones of Eversheds Sutherland solicitors about international anti-bribery regimes. Viv wrote recently for KYC360 on Kenya's latest piece of anti-bribery legislation. https://vimeo.com/213859331 Transcript (note this transcript ...
Susan has been making her living from crime for over twenty years. She provides anti-money laundering training and advice to the regulated community in the UK, Guernsey, Jersey, the Isle of Man and Gibraltar, and ...
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 ...
What exactly is being proposed? A public register of the beneficial owners of UK property held by overseas companies and other legal entities. Beneficial owners of overseas firms involved in central Government procurement would also be ...
AIB’s failure to comply with anti-money laundering reporting procedures was a stain on the lender, chairman Richard Pym has said.
The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force will set up
Congressional Republicans’ proposal to replace Dodd-Frank, the Financial Choice Act, received endorsements this week from two major financial players —
The Enforcement Directorate has registered a money laundering case in the Narada ‘sting’ where a number of Trinamool Congress (TMC)