The agency forged to come to grips with Ukraine’s endemic graft says its job is getting harder by the day.
Comments while meeting with Ukraine’s president came after Trump indicated he could end Crimea-related sanctions in return for a nuclear arms reduction deal.
When you think about Ukraine, corruption is probably the first word that comes to mind. It’s undermining the country, hollowing out the state, destroying society and preventing reform — or so the media says.
A young activist who became prominent in Ukraine’s 2014 uprising and was later appointed to work on a major project to reform the corruption-plagued customs of Odessa is herself being investigated for corruption.
The Securities and Exchange Commission and the Department of Justice jointly fined Teva Pharmaceutical Industries Limited TEVA, +1.48% the largest generic drug manufacturer in the world, $519 million on Thursday to settle parallel civil and criminal charges that it allegedly violated the Foreign Corrupt Practices Act when it paid bribes to foreign government officials in Russia, Ukraine, and Mexico between 2002 and 2012.
The United States on Tuesday targeted more Russian businessmen and companies over Russia’s annexation of Crimea and the conflict in Ukraine, slapping them with U.S. sanctions in a move Moscow criticized as hostile.
The leaders of France and Germany, speaking two days before an EU summit which will discuss the conflict in eastern Ukraine, said they want to extend sanctions against Russia due to a lack of progress in implementing a ceasefire deal.
Campaigners have frequently branded the UK a world money-laundering hotspot, citing the 'terrifying' scale of illicit funds that make their way through the City of London. Is this fair? What is the UK Government doing to ...
Tom Devlin interviews Sam Thampapillai, associate in the financial services disputes and investigations group at Eversheds Sutherland. Sam has focused his recent work on developing technologies and financial crime. In this video he focuses on Blockchain, offering an ...
In late November, Jay Clayton was called by a longtime client seeking advice for how the Trump administration should tackle scaling back rules on Wall Street. Mr. Clayton, a partner at Sullivan & Cromwell LLP who ...
The old Ottoman Empire had the most direct way of going about these things. When the old sultan died, his successor would seize all his brothers and half-brothers, slit their throats and dump their corpses ...
European Supervisory Authorities warn on money laundering and terrorist financing risks affecting the EU financial sector
The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a joint Opinion addressed to the European Commission on the risks of money laundering (ML) and terrorist financing (TF) affecting the European ...
China has appointed Guo Shuqing as the new head of the banking regulator, according to people familiar with the matter. Having spent much of his life working on transforming the nation’s financial system, Guo, 60, faces daunting tasks ahead as he takes on oversight of the world’s largest banking industry by assets.
The regulations apply to all-cash buyers using shell companies in places like New York City, Miami and Los Angeles.
Just 215 wealthy people were granted an investor visa for the U.K. last year after the government doubled the investment needed to 2 million pounds ($2.5 million) and introduced new money-laundering checks in 2014.
Capital One Financial Corp. is under investigation for its anti-money-laundering program, according to the company’s annual securities filing.