Denmark will raise its minimum penalty for money laundering and will extend punishment to anyone who avoids reporting possible money
The study finds that the 1000 richest families in Scandinavia have withheld as much as 32 percent of the taxes they
A unanimous Parliament yesterday agreed to significantly step up Denmark’s efforts to combat international tax evasion. Among the new initiatives
Researchers at the University of Limerick are undertaking an investigation into tax and evasion in the European Union, in line with their European counterparts.
The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing
Danish banks should significantly increase their focus on complying with rules to avoid money laundering and tax evasion, the Danish
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.
The Organized Crime and Corruption Reporting Project (OCCRP) and Transparency International (TI) are joining forces in a first of its kind partnership to root out grand corruption on a global scale, the Global Anti-Corruption Consortium.
This article first appeared on LinkedIn and is republished here with the author's permission. I admit it, several of my friends launder money, and yours do to. The four cases below show just how easy it ...
This article was written by Natasha Reurts for the Bright Line Law Portal, and is republished here with BLL's permission. In March of this year, the UK government announced the introduction of a new anti-money laundering ...
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 ...
We know there are tax havens. We just can’t agree on where they are. Although many countries recognise that major corporations divert tax revenue—there’s a reason, after all, why US multinationals hold more than $2 trillion ...
The UK’s Financial Conduct Authority (“FCA”) recently published the final version of guidance on how financial services firms should treat politically exposed customers in order to meet AML obligations. The guidance applies to all firms ...
New Canadian banking rules that took effect July 1 are a “game changer” that could help governments in Victoria and
MAS working with group of Singapore banks to build joint KYC utility for countering money laundering and terrorism financing
In a speech delivered at the Association of Banks in Singapore (ABS) Financial Crime Seminar on July 2017, Mr. Chua Kim
Unicredit, Italy’s largest bank, suffered a data breach affecting 400,000 customers, BBC News reports. The bank said personal data and
Uzbekistan said Friday that it has jailed the eldest daughter of late president Islam Karimov, Gulnara Karimova — once a