The Hong Kong Association of Banks may issue guidelines requiring member banks to be more cautious in lending to property
South China Morning Post: Hong Kong’s anti-money laundering moves will not work without due diligence from firms
Recent proposals put forward by the Hong Kong government indicate the city’s determination to catch up with rival jurisdictions, and
Money laundering syndicate member jailed for 10 years over multi million dollar Perth bank transactions
A member of a Hong Kong crime syndicate – which laundered almost $30 million through various Sydney and Perth banks
Effective immediately, [HSBC] retail customers must disclose how their accounts are used, in addition to providing their address, contact details,
Hong Kong’s Securities and Futures Commission has obtained a court order to freeze about HK$2.66 million (US$340,000) in the bank accounts of Heriberto C. Perez Valdes in connection with a suspected Pyramid and Ponzi scheme, the regulator said in a statement on Wednesday.
The Serious Fraud Office, the UK's specialist enforcement agency for complex fraud and corruption, today charged Barclays Plc and four of the bank's top executives with offences including conspiracy to commit fraud. The executives charged are: ...
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 ...
The regime in Tehran continues to be in a state of shock after the passage of unprecedented United States Senate sanctions on Thursday targeting Iran’s ballistic missile program, support for terrorism in the Middle East ...
Trump’s links to Russian money laundering raise new questions about secret real estate deals since election
A new report published Wednesday morning by Bloomberg reveals President Donald Trump’s lengthy ties to suspected money launderers, and another recent report suggests his family business may still be engaged in shady dealings. The Bloomberg report, ...
Finance Minister Edward Scicluna was careful not to engage with MEPs who again pressed him on Malta’s commitment to fight money laundering, Panama Papers leaks and claims of the island being used for tax evasion.
More than 70 countries have signed up to the first international treaty designed to crack down on tax evasion by
A Newport Beach business owner pleaded guilty and was immediately sentenced to five years in prison Thursday, June 22, in
The Trump/Russia scandal is STILL playing out before our eyes—and I don’t just mean the continuing investigations, or the fact
Minister of Finance Benedikt Jóhannesson held a press conference today wherein he announced that the Icelandic government has “declared war”