The African National Congress (ANC) has dismissed former Finance minister Trevor Manuel’s comments, accusing the ruling party of money-laundering. Manuel
South African President Jacob Zuma has signed the anti-money laundering bill FICA, which allows increased scrutiny of the bank accounts
South Africa was hit by more cyber attacks than any other country in Africa in one year but experts say the private and public sectors are not taking the threat seriously enough.
Along-hidden, secret report by a former senior MI6 officer has triggered a financial scandal after allegedly uncovering evidence South African banks “looted the state” during the apartheid regime.
What explains this black hole in the economy? The answer is almost entirely poor governance by Jacob Zuma, a president who may soon face 783 charges of fraud, corruption and racketeering.
South Africa’s embattled President Jacob Zuma has said he is not scared of going to prison, days after an investigation found evidence of possible government corruption.
In a cover story for Dawn, Pakistan's leading English-language newspaper, journalist Khurram Husain writes that money laundering has become central to the normal functioning of the country's economy. Speaking to Amos Wittenberg, Khurram explains how this came ...
As regulatory compliance initiatives move toward utilizing machine learning and artificial intelligence (AI), what effect might the increased efficacy of AML programs have on developing nations and small financial players without large compliance budgets? More ...
Scrapping the Serious Fraud Office is a huge step backwards in the UK’s fight against financial crime
In its manifesto, released yesterday, the Conservative Party pledged to abolish the Serious Fraud Office (SFO) as an independent agency, instead merging it with the much larger National Crime Agency (NCA): 'We will strengthen Britain’s response ...
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 ...
On 3rd April 2017, the UK Treasury gained access to new penalties for individuals and firms that breach UK financial sanctions. Under the new rules, any persons deemed to have been involved in serious breaches after the ...
Senator Chiz Escudero has urged the Senate to approve amendments to the Anti-Money Laundering Act (AMLA) that places casinos within
Syria and Venezuela plotted in recent years to evade international sanctions on Syria through a secret deal to transport its
A major reform of the Dodd-Frank Act moved towards expected passage in the House Wednesday during a hearing on the
White House economic adviser Gary Cohn says President Donald Trump is “looking at” the future of U.S. sanctions on Russia.