Senate President Aquilino “Koko” Pimentel III called on concerned government agencies to step up their efforts to run after those
President Rodrigo Duterte has signed into law Republic Act 10927, which places casino operations under the Anti-Money Laundering Act (AMLA)
Senator Francis Escudero. The Philippines may be saved from being blacklisted by the Financial Action Task Force (FATF) after President
The Department of Justice (DOJ) started Thursday the preliminary investigation on the P1.39-billion tax evasion case against local cigarette maker Mighty Corporation.
Swiss prosecutors are trying to figure out why someone apparently attempted to flush tens of thousands of euros down the toilet at a Geneva branch of UBS Group AG. The first 500-euro ($597) bills were ...
By Irene Madongo With Hurricane Irma wreaking havoc across the Caribbean, some businesses in battered offshore financial centres have resorted to taking “extraordinary” steps to secure client data which may be targeted by fraudsters and transparency ...
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 ...
KPMG CEO Trevor Hoole, chief operating officer Steven Louw, chairperson Ahmed Jaffer and five senior executives have resigned and the auditor has withdrawn its South African Revenue Service (SARS) “rogue unit” report. The development follows ...
Billionaire Russian oligarchs and Ukrainian elites accused of corruption are among hundreds of people who have acquired EU passports under controversial “golden visa” schemes, according to the UK Guardian newspaper. The government of Cyprus has raised ...
Theresa May has asked EU countries to agree to a two-year Brexit transition during which the UK would continue to
The Chairman, House Committee on Civil Societies Organisation and Development Partners, Honourable Peter Akpatason has said that the Non-Governmental Organisation
Regulator Sebi has lifted trading ban on 244 entities which came under the scanner for alleged misuse of stock market
South Africa’s central bank said it’s concerned about the quality of internal controls at KPMG LLP after the global auditing