Australia’s AUSTRAC is leading a formidable global charge against organised crime, terrorism, money laundering and tax evasion through the newly created Fintel Alliance.
Regulatory reforms following last year’s terrorist atrocities in Paris are just one example of tail-winds driving smarter anti-money laundering and know your customer technologies.
Jacqueline Planner, director of financial crime risk at Huntswood, examines how financial crime risk assessments can protect your firm and safeguard its reputation.
In an effort to alleviate growing concerns about the facility, a group of Geneva based art dealers and lawyers recently formed the Responsible Art Market (“RAM”) initiative. The first organisation of its kind, RAM aims to inform professionals in the art world about the financial crime risks faced by the industry.
Philip Baker QC specialises in international aspects of taxation, with a particular interest in taxation and the European Convention on Human Rights.
As financial criminals innovate their methods and the costs of compliance mount, financial institutions are responding by centralising their data and investigations.
European Union lawmakers have rejected a proposed blacklist of countries at risk of money laundering and terror financing because it is too limited.
KYC360’s Tom Devlin interviews Jennifer Haslett, who has been working on international engagement on tax policy for the UK’s Treasury and tax collection authority since 2011.
On November 8, 2016, Indian Prime Minister Narendra Modi announced in a televised speech that 500 and 1,000 rupee notes would no longer be legal tender, swiftly rendering 86 per cent of cash in the ...
Image: nomination of Richard Cordray as CFPB director. Dodd Frank, the sweeping financial reform brought in after the 2008 financial crisis, is not beloved by Republicans. Numerous elements of the legislation have drawn criticism from the ...
The irony of revelations from the Global Laundromat scandal landing almost exactly a year on from the Panama Paper leaks is not lost on many readers. Clearly the lip-service to greater transparency that followed the financial leak ...
The Laundromat is a name given by the Organized Crime and Corruption Reporting Project to a vast money-laundering scheme. Between autumn 2010 and spring 2014 Russian officials and insiders moved billions of dollars into Europe, ...
Tom Devlin, barrister and partner at Stephen Platt and Associates LLP, unpicks recent anti-money laundering scandals in the finance industry. He looks in detail at what went wrong, how word got out, and how the failings ...
A Republican state senator from the Niagara Falls area and his predecessor pleaded not guilty on Thursday in a pair of schemes involving payments to a spouse and a former aide, the latest in a long line of corruption cases to emanate from New York State’s capital.
Cristina Kirchner ordered to stand trial for the first time in series of corruption and mismanagement cases
Argentina’s former president has been ordered to stand trial, in the first of several cases against the divisive ex-leader.
If you don’t think there is any corruption in Australian politics, then you have no need to worry about the millions of dollars’ worth of corporate donations to political parties.
Agricultural Bank of China (AgBank), the country’s third-biggest lender, said it will spend three years building an anti-money laundering (AML) centre to improve and centralize AML control, according to a statement circulated late on Thursday.