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.
The Serious Fraud Office, the UK's specialist enforcement agency for complex fraud and corruption, today charged Barclays Plc and four of the bank's top executives with offences including conspiracy to commit fraud. The executives charged are: ...
As regulatory compliance initiatives move toward utilizing machine learning and artificial intelligence (AI), what effect might the increased efficacy of AML programs have on developing nations and small financial players without large compliance budgets? More ...
The regime in Tehran continues to be in a state of shock after the passage of unprecedented United States Senate sanctions on Thursday targeting Iran’s ballistic missile program, support for terrorism in the Middle East ...
Trump’s links to Russian money laundering raise new questions about secret real estate deals since election
A new report published Wednesday morning by Bloomberg reveals President Donald Trump’s lengthy ties to suspected money launderers, and another recent report suggests his family business may still be engaged in shady dealings. The Bloomberg report, ...
Finance Minister Edward Scicluna was careful not to engage with MEPs who again pressed him on Malta’s commitment to fight money laundering, Panama Papers leaks and claims of the island being used for tax evasion.
There was no mention in yesterday’s Queen’s Speech of Theresa May’s controversial plan to incorporate the Serious Fraud Office into the much larger National Crime Agency.
In 2010 I started what I thought would be a four year research project on the 2008 financial crisis and its association with financial crime. The more research I conducted, the more convinced I became that financial crime was a key causal factor in the crisis.
The Serious Fraud Office, the UK’s specialist enforcement agency for complex fraud and corruption, today charged Barclays Plc and some of the bank’s top executives with fraud and unlawful financial assistance.