In this exclusive Of Counsel piece, Julie Copeland and Mirella A. de Rose of Lewis Baach pllc, consider two recent events which highlight the importance of real time monitoring of suspicious transactions.
Police in China’s southern province of Guangdong have busted underground banks that handled 230 billion yuan ($35 billion) in illegal
The Financial Conduct Authority (FCA) has levied penalties on Sonali Bank (UK) Ltd (SBUK) and its former money laundering reporting
The Anti-Money Laundering Directive (AML), the EU-US Privacy Shield and the Market Abuse Directive (MAD) and Regulation (MAR) are the
Prime Minister Andrew Holness has called on the financial sector to ensure a regulatory environment that removes profitability from criminal
Singapore’s central bank on Tuesday shut down a second Swiss bank under investigation for alleged money laundering activities linked to
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)