Thailand’s anti-money-laundering efforts have paid off and the country is confident it will no longer be included in any blacklist.
Cambodia is vulnerable to money laundering due to a cash-based dollarized economy, porous borders and poor oversight of casinos at border frontiers, according to the latest International Narcotics Control Strategy Report from the US State Department.
The overwhelming interest in PwC’s Forensics Summit held in Bangkok yesterday shows how seriously Thailand’s top companies are treating the threat of corruption and other financial crimes, said Vorapong Sutanont, PwC Consulting (Thailand) Forensics partner.
On 17 January 2017, at Southwark Crown Court, Lord Justice Leveson approved a deferred prosecution agreement (“DPA”) between the Serious Fraud Office (“SFO”), and Rolls-Royce Plc and Rolls-Royce Energy System Inc (“Rolls-Royce”). The third DPA agreed by the SFO has led some to wonder whether DPAs have finally come of age as a weapon the SFO’s enforcement arsenal.
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 ...
This article first appeared on LinkedIn. It is republished here with the author's permission. Back in 2013 people in the UK and Ireland found the “beef lasagna” on their plates was “horse lasagna”. In countries where they like ...
KYC360 interviews Ana Linda Solano, former Director of the Economic and Financial Judicial Police in Colombia. Transcript Amos Wittenberg: Thanks for listening in to this episode of the KYC 360.com podcast, a regular series of conversations with leaders ...
Malta’s Minister of Finance failed to answer The Malta Independent’s questions on why it has not transposed the latest EU anti money laundering directive into law. The EU Commission some weeks ago penned a letter to ...
The head of the credit card division of the notorious Tanzania-based FBME Bank allegedly helped an international child pornography ring launder money through the bank, according to a 52-page privileged and confidential report prepared by ...
Global auditing giant KPMG agreed to pay $6.2 million in penalties to settle Securities and Exchange Commission charges that it
Sanctions imposed by other Arab states are continuing to push up food prices in Qatar while hurting the real estate
PwC has been handed a record £5.1 million fine for “extensive” misconduct after admitting a litany of failures in its
Former Russian Economy Minister Alexei Ulyukayev told his bribery trial on Wednesday that he had been framed by a close