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.
Britain will create a new watchdog to coordinate a currently splintered approach by professional bodies to detecting money-laundering, the finance
In the current deregulatory environment, investment advisers might expect a reprieve from new federal compliance rules. But one exception is
The Enforcement Directorate (ED) has begun freezing the accounts of shell companies and investigating certain Mumbai-based bullion dealers suspected to be behind them.
International sanctions on North Korea have largely failed to curb the country’s expansion of its military and nuclear program or significantly decrease revenues it earns from exports of arms and minerals, according to a comprehensive sanctions report by the United Nations.
Lawmakers, members of Oregon’s law enforcement community and public interest groups on Monday spoke in favor of a bill that would rein in abusive, anonymous companies, but a spokesman for Oregon Secretary of State Dennis Richardson’s office said the legislation “still needs significant work.”
North Korea continues to evade UN sanctions designed to prevent its weapons of mass destruction (WMD) development by embedding its agents and intermediaries within the international trading system, according to the latest assessment of the UN Panel of Experts set up to monitor North Korean compliance with international sanctions.
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.