AML
Best Practice | 5 Jan 18
UK seeks industry help to wipe out £24bn cost of crime
The UK Government is raising awareness of the signs of money laundering and the risks firms and professionals face if caught facilitating or failing to reporting financial crime.
Latest news | 3 Nov 17
STM CEO mulling ‘options’ over laundering arrest
Arrested STM chief Alan Kentish is ‘exploring various options’ to speed up his case with Gibraltar money laundering investigators.
Second arrest in STM money laundering probe
Police in the STM Gibraltar money laundering investigation have revealed another employee of the cross-border firm has been arrested on suspicion of failure to disclose.
MAS issues prohibition orders in latest stage of 1MDB scandal
The Monetary Authority of Singapore (Mas) has issued prohibition orders against those involved in the 1Malaysia Development Berhad (1MDB) state fund breach, one of the world’s largest money laundering scandals in recent history.
Tax & Regulation | 23 Aug 17
FCA finds compliance officer with 20-yr record unfit for role
The Financial Conduct Authority has refused to let a compliance officer with nearly 20 years of experience carry out certain controlled functions on behalf of online trader Goldenway Global Investments.