The British Virgin Islands has hit out at the United Kingdom’s plans for its Overseas Territories to publish publicly accessible
With Hurricane Irma wreaking havoc across the Caribbean, some businesses in battered offshore financial centres have resorted to “extraordinary” steps
The British Virgin Islands independent regulator, the Financial Services Commission (FSC), has fined the local arm of the Panama Papers law firm, Mossack Fonseca, $440,000 for its contravention of numerous sections of the Anti-Money Laundering and Terrorist Financing Code of Practice and BVI Regulatory Code.
A party that favours direct democracy, complete government transparency, decriminalising drugs and offering asylum to Edward Snowden could form the
The Council of the European Union has adopted new rules aimed at combating money laundering and terrorism financing across the bloc following an agreement with the European Parliament in December. Dubbed the Fifth EU Anti-Money Laundering ...
The Financial Conduct Authority and Prudential Regulation Authority have jointly fined Barclays chief Jes Staley £642,430 for attempting to identity a whistleblower. Regulators found Staley had “failed to act with due skill, care and diligence” when ...
HSBC has completed a live trade finance transaction using a blockchain platform, a development it said is an ‘industry first.’ The blockchain-based transaction involved a bulk shipment of soyabeans from Argentina to Malaysia, moved through commodity ...
By Richard Parlour Topolcany Castle in the Slovak Republic is often acknowledged to be one of the best examples of mediaeval castle architecture anywhere in the world. It was built on the classic three lines of defence ...
The European Commission has announced the revival of legislation that will enable EU firms to trade with Iran despite US
A former Barclays (BARC.L) trader on trial in London on charges he conspired to rig Euribor interest rates said on
Latvia’s new anti-money laundering chief pledged on Thursday to improve control of financial crime, urging the Baltic state’s banks to
Lloyds Banking Group is looking to roll out a new scheme to combat money muling and also return money to