Saudi Arabia’s foreign minister urged the international community to slap fresh sanctions on Iran for its alleged support of terrorism.
A substantial number of compliance officers (about 44 per cent) lack confidence in the anti-money laundering (AML) programmes of their organisations, according to a new report.
Mr Jammeh, thought to now be in Equatorial Guinea, is not the first leader accused of lining his own pockets with state funds. In fact, many have taken far more. Here are some of the worst offenders.
A sexual harassment lawsuit directed at its general manager; a whistle-blower discrimination claim by an ousted compliance officer; a US$215 million fine for failure to check money laundering involving Russia, Yemen and Afghanistan.
Amidst the ongoing revelations from the Paradise Papers, the lion's share of the attention has been focused on offshore advisory firm Appleby. Appleby is not the only source of the leaked financial documents in the ...
KYC360 News A new cryptocurrency platform, the London Block Exchange (LBX), has launched a payment card it says will enable British consumers to use digital currencies such as bitcoin in local stores and other areas. Using ...
Individuals seeking to form companies in the United Kingdom should be first subject to financial crime record checks in order to curb the high number of firms being set up for money laundering purposes, Shadow ...
By Jon Stone, the Independent Italian journalists have moved to set up a company in the name of a notorious mafia boss headquartered at 10 Downing Street – to illustrate weaknesses in British law they say ...
Auditing giants that make up the Big Four group should be hit with tougher fines for delivering “seriously poor work”,
KYC360 News HSBC’s private banking unit has been issued a HK$400 million penalty for poor standards regarding its selling of
Cryptocoin News In an interview with Bloomberg at The Year Ahead summit in New York, Citigroup CEO Michael Corbat recently
Glencore PLC is reshuffling the board of one of its giant African copper operations following an internal review that the