Foreign Minister Gerry Brownlee has announced a significant boost to support Pacific island countries comply with international anti-money laundering standards.
The New Zealand government is planning to expand the groups of professionals and businesses that have a legal responsibility to report suspicions that their clients are involved in money laundering or terrorist financing.
New anti-money laundering rules will have ‘significant impact’ on would-be launderers, says New Zealand PM
New anti-money laundering rules will have a “significant impact” on people using the property industry to launder money, Prime Minister
A hair and beauty products company owned by a man who ran what is thought to be a significant ponzi scheme is looking for a new owner.
An Auckland contractor and public official have been jailed for corruption worth more than $1 million relating to roading contracts.
Parliament has passed a bill that strengthens the rules around foreign trusts. The changes were recommended by tax expert John Shewan, appointed by the government to review existing legislation following the release of the Panama Papers.
New Zealand can celebrate being pronounced the least corrupt country in the world. But that doesn’t mean we should be complacent – there are plenty of recent controversies that threaten the nation’s reputation for integrity.
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”