China will not return to old capital controls or go backwards on its foreign exchange management policy, the head of China’s foreign exchange regulator said in an interview with financial newspaper China Business News on Monday. Pan Gongsheng also said that the country had ample foreign exchange reserves, and volatility in China’s foreign exchange reserve levels was normal.
Regulators the world over are stepping up the war against financial crime, issuing a raft of rules and hitting banks with some serious penalties. Despite these efforts, it’s still not uncommon to hear of financial ...
Despite all of the best efforts by regulators, clients and even the banks themselves, bank fraud still goes on. A report by the UK’s National Audit Office (NAO) claims that banking fraud is still rising ...
Barbados minister of industry and international business, Donville Inniss has revealed that his ministry is in the process of revoking the licences of four international business companies, as he urged regulators who have concerns with ...
Investors buying assets under-pinned by so-called cryptocurrencies such as Bitcoin are taking “significant risk”, according to the Financial Conduct Authority (FCA). Cryptocurrencies are digital tokens which may represent a share in a firm, a prepayment voucher ...
Looking at the day-to-day aspects of a compliance officers’ work, the compliance section looks at some very important parts of
The United Nations team overseeing the North Korean sanctions could identify and ban certain banks found to violate the measures,
Susan has been making her living from crime for over twenty years. She provides anti-money laundering training and advice to
George Pearmain, lead policy adviser on financial crime for Jersey, on his concerns and priorities for the Island
George Pearmain, lead policy adviser on financial crime for Jersey, on the past successes and future challenges for the island’s financial crime prevention regime.