One in five banks in the Asia Pacific expects tax evasion in 2017 to increase 100 to 500 per cent
Monetary authority of Singapore: ‘New phase in financial regulation calls for tech-savvy, collaborative central banks’
Nine years on from the 2008 financial crisis, regulators are now entering a new phase, one that requires them to
The World Economic Forum has released its 2017 “Inclusive Growth and Development Report” — a major look into how nations around the world can best ensure that their businesses and institutions function as efficiently as possible.
Yeo Jiawei, accused of money laundering, used a Seychelles-based company for a series of purchases in the Australian tourist town.
The Senate is giving more teeth to the Anti-Money Laundering Act (AMLA) by amending its current provisions to include casino operators and junket operators among the covered institutions of the law.
The mastermind of an employment scam was on Tuesday (Dec 6) sentenced to 42 weeks jail in total, the Ministry of Manpower said in a press release on Wednesday.
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 ...
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.
This past March 23, singer Alicia Keys headlined the grand-opening party for the Porsche Design Tower, an ultraluxury condominium complex