A gambling firm which failed to conduct important anti-money laundering checks on a customer whose deposits eventually reached £750,000 has
Gambling operator Petfre (Gibraltar) Ltd., trading as Betfred, has agreed to pay the amount of £800,000 to compensate for poor anti-money laundering and responsible gambling policies and to contribute to socially responsible causes as part of a settlement with the UK Gambling Commission, after the gaming company’s license had been reviewed by the gambling regulator.
The Gibraltar Financial Services Commission has today published a suite of documents detailing developments in its regulatory approach as well as its business plan and outlook for the next 12 months.
Financial crime staff would be well advised to consider the findings of the review conducted by the Danish Financial Supervisory Authority (DFSA) into the country’s largest bank, Danske, its management and senior employees in relation ...
A group of Members of Parliament has written to the Financial Conduct Authority (FCA), demanding the release of information pertaining to a Royal Bank of Scotland probe in order to ascertain which bosses were personally ...
The United Kingdom’s Financial Conduct Authority (FCA) has opened a number of investigations into market firms over misconduct issues that could lead to prosecutions under Money Laundering Regulations, the regulator’s enforcement chief said. The UK considers ...
HSBC has set aside $632 million to settle a number of investigations into allegations of tax evasion and other crimes such as money laundering, but expects the amount could go up to $1.5bn, according to ...
The Hong Kong Monetary Authority (HKMA) has penalised Shanghai Commercial Bank (SCOM) HK$5 million ($636,967) for breaching anti-money laundering rules,
U.S. President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the urging of
A Malaysian financier wanted for his role in the multi-billion-dollar scandal at state fund 1MDB has said he does not
A top Iranian constitutional body has demanded changes to anti-money laundering measures passed by parliament, state-run media said on Saturday,