The United Kingdom has extended its Senior Managers and Certification Regime (SMCR) to the insurance sector, making top insurance executives
A leading figure in fund regulation has written to the Financial Conduct Authority (FCA) slamming packaged retail and insurance-based investment
Stephen Platt, Chairman of KYC Technologies, offers an optimistic perspective on the impact of technology on AML compliance.
Earlier this month, the Fraud Section of the U.S. Department of Justice (DOJ) published its Evaluation of Corporate Compliance Programs (Evaluation Guidance). Although issued without fanfare, the Evaluation Guidance represents the latest in a series of important communications by the Fraud Section outlining the DOJ’s expectations for effective corporate compliance programs.
Online financial services and lending companies are increasingly being targeted by fraudsters and costing consumers millions of pounds around the world last year alone, according to research.
Amid the self-evaluation and manager assessments of the annual performance review season, many compliance professionals consider or ask the question: “am I in a good place, being fairly compensated, or better off elsewhere?”
The British Insurance Brokers’ Association (BIBA) has urged the Financial Conduct Authority (FCA) to prioritise effective supervision amid rising regulatory costs for small brokers.
The dramatic events surrounding the fraudulent transfer of hundreds of millions of dollars from Angola to London involving top British banks have the elements of a gripping movie. There’s news of clandestine meetings, midnight flights on ...
Global bank HSBC is to use a compliance-related artificial intelligence (AI) programme supplied by a start-up firm this year as part of its anti-money laundering strategy (AML). The lender, which has been heavily penalised for anti-money ...
The Angolan government has received half a billion dollars that was ‘improperly’ transferred from its central bank’s Standard Chartered Bank account to an HSBC account in the United Kingdom. The move comes after the UK National ...
The Financial Conduct Authority is to forge ahead with an initiative exploring the use of machines in financial crime programmes, according to its 2018/19 business plan published this week. The watchdog is looking to host an ...
Spain’s High Court on Thursday placed Caixabank under formal investigation over allegations that the Spanish bank was involved in laundering
HMRC bosses are set to appear before a parliamentary committee over allegations the organisation was reluctant to raid Lycamobile because
Three men accused of the murder of an anti-corruption journalist six months ago must stay in prison until their trial,
Britain’s Serious Fraud Office will have its funding increased under new changes to its financing model, which has been previously