G7 foreign ministers agree on one thing: Syrian President Bashar al-Assad has to go. Rex Tillerson arrived in Moscow Tuesday carrying
The chairman of the FIFA Disciplinary Committee has decided to extend sanctions imposed on 6 players from Brazil, Portugal, Uzbekistan,
The Panama Papers scandal of 2016 led to the leaked individuals’ names and associations being scrutinized by governments in the UK, Germany, France, Italy, Spain and Australia among others, which is unsurprising given that the financial services industry is in the midst of preparing for new stricter regulation to commence.
The Common Reporting Standards regulation, The Fourth Money Laundering Directive, the Foreign Account Tax Compliance Act and Financial Action Task Force recommendations on money laundering that have been proposed and enacted in Europe and the US are intended to strengthen the anti-money laundering (AML) regulatory environment and increase pressure on institutions to comply.
Intesa Sanpaolo SpA, Italy’s biggest retail bank, agreed on Thursday to pay a $235 million fine to New York state’s financial regulator for anti-money laundering failures and violations of bank secrecy laws, officials said.
Fears have been resurrected about the stability of the Italian banking system, and even the possibility of Italy leaving the euro has been raised.
What exactly is being proposed? A public register of the beneficial owners of UK property held by overseas companies and other legal entities. Beneficial owners of overseas firms involved in central Government procurement would also be ...
In the first of a new series of audio interviews, Amos Wittenberg speaks to Viv Jones of Eversheds Sutherland solicitors about international anti-bribery regimes. Viv wrote recently for KYC360 on Kenya's latest piece of anti-bribery legislation. https://vimeo.com/213859331 Transcript (note this transcript ...
A CEO never expects to be wiretapped. Let’s face it – a wiretap in the C-Suite is rare. Justice Department prosecutors have always looked for an opportunity. CEOs have loose lips and can suffer significant ...
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 ...
Free, easy-to-use hacking tools help many young people slip into a life of cyber-crime, according to a report. The National Crime Agency (NCA) has detailed the "pathways" taken by people who become criminals. Many started by getting ...
The Securities and Exchange Commission Tuesday announced an award of nearly $4 million to a whistleblower who tipped the agency
In recent speeches, the Attorney General and an Principal Deputy Assistant Attorney General in the Criminal Division reconfirmed DOJ’s support for
West African regional bloc ECOWAS said on Tuesday it was ready to impose targeted sanctions against those it deems responsible
The Office of the Comptroller of the Currency (OCC) today assessed a $15 million civil money penalty against U.S. Bank