A gambling firm which failed to conduct important anti-money laundering checks on a customer whose deposits eventually reached £750,000 has
The United Kingdom’s Crown dependencies (CDs) are facing increasing calls to adopt public registers of beneficial ownership, after British lawmakers
The Monetary Authority of Singapore (MAS) has penalised Standard Chartered Bank Singapore Branch (SCBS) and Standard Chartered Trust Singapore (SCTS)
Love it or hate it, the risk-based approach (RBA) is a key aspect of compliance work. But what happens when the boss shows up one day with a woefully muddled up RBA plan and expects ...
The head of compliance of Denmark’s biggest lender Danske Bank (DANSKE.CO) has resigned, saying he was leaving following an “intense” period of work that was partly due to dealing with a money laundering scandal at ...
In an interesting turn of events, French cement giant Lafarge finds itself at the core of a rather unique, and quite embarrassing, compliance case. How it will untangle itself out of this mess will be ...
The European Union’s top banking watchdog has found “general and systematic shortcomings” in Malta’s application of EU anti-money-laundering rules, it said on Wednesday. The European Banking Authority’s (EBA) criticism came as it concluded an enquiry into ...
The European Union reached a deal on Tuesday allowing businesses to seamlessly transfer personal data between the bloc and Japan,
U.S. President Donald Trump said he discussed North Korea’s nuclear weapons program with Russian President Vladimir Putin in their meeting
Iran has filed a lawsuit against the United States alleging that Washington’s decision in May to impose sanctions after pulling
AP — Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of