News
Best Practice | news 3 Nov 17
Be careful who you do business with, advisers warned
Failure by advisers and other financial services firms to carry out thorough due diligence on introducers and appointed representatives could put customers at risk of financial harm, the Financial Conduct Authority has warned.
Latest news | 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.
Goldman Sachs execs grilled in 1MDB probe
Singapore’s economic crime unit has interviewed current and former Goldman Sachs executives over their links to beleaguered sovereign wealth fund 1Malaysia Development Bhd (1MDB), reports Bloomberg.
Doughnut pioneer charged with $30m Jersey tax fraud
The man who brought the Krispy Kreme Donut franchise to Australia is facing potentially 10 years in jail if found guilty of concealing A$30m in Jersey to dodge tax.
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.