The US sanctions programme, an extension of the nation’s foreign policy, is given bite by the dominance of the US dollar in global finance, America’s stranglehold on the parts and software that are essential in technology products, and the size of the largest consumer market on earth.
In the current deregulatory environment, investment advisers might expect a reprieve from new federal compliance rules. But one exception is
Chinese telecom giant ZTE has been fined $1.1bn and will plead guilty to charges that it violated US rules by shipping US-made equipment to Iran and North Korea.
The overwhelming interest in PwC’s Forensics Summit held in Bangkok yesterday shows how seriously Thailand’s top companies are treating the threat of corruption and other financial crimes, said Vorapong Sutanont, PwC Consulting (Thailand) Forensics partner.
The Serious Fraud Investigation Office (SFIO), which specialises in investigation of white collar crimes, has summoned former IDBI chairman GP
North Korea is increasing the scale and refinement of the tactics it uses to evade international sanctions, particularly in the lucrative trade in military technology, according to a summary of a U.N. experts’ report obtained by Kyodo News.
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 ...
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 ...
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, ...
The Financial Conduct Authority (FCA) is being scrutinised by a government audit, alongside a number of other agencies focused on preventing scams and economic crime. According to the Financial Times the FCA is one of a ...
The United States has blacklisted nearly all Latin American countries for money laundering in 2017. InSight Crime explores why this is the case, and discusses some of the achievements and failings of regional anti-money-laundering efforts ...
Business pressure to weaken bribery laws and government’s inability to focus on non-Brexit issues are also concerns, says group.
Crime gangs are exploiting corruption at European borders to smuggle vast quantities of illicit goods, a new report warns.
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.
Three units of London-based Barclays Plc have been penalized by Australia’s securities regulator for failing to tell clients they didn’t hold local financial services licenses and instead were regulated overseas.