Tom Devlin interviews Sam Thampapillai, associate in the financial services disputes and investigations group at Eversheds Sutherland. Sam has focused his recent work on developing technologies and financial crime. In this video he focuses on Blockchain, offering an introduction to how the technology works and insight into the particular financial crime risks that… Read More
On 17 January 2017, at Southwark Crown Court, Lord Justice Leveson approved a deferred prosecution agreement (“DPA”) between the Serious Fraud Office (“SFO”), and Rolls-Royce Plc and Rolls-Royce Energy System Inc (“Rolls-Royce”).[1] The third DPA agreed by the SFO has led some to wonder whether DPAs have finally come of age as a weapon the SFO’s enforcement arsenal. Read More
30th January 2017
The Malaysian sovereign wealth fund, 1 Malaysia Development Bhd (“1MDB”), has been the subject of extensive press coverage and regulatory scrutiny. In this recorded webinar, Stephen Platt, Hugo Miller and Clare Rewcastle-Brown examine the 1MDB case from an AML perspective. They offer practical lessons for compliance professionals on topics including managing sovereign wealth funds, monitoring politically exposed persons (PEPs) and mitigating your institution from transactions involving the proceeds of corruption. Read More
KYC360's Tom Devlin interviews Jennifer Haslett, who has been working on international engagement on tax policy for the UK's Treasury and tax collection authority since 2011. Read More
9th January 2017
A syndicated loan is a loan made by a group (or “syndicate”) of lenders who together provide funds for a single borrower. Syndicated loans are usually made to corporations or governments, and are also often used in “project finance” (that is the funding of large-scale projects, like oil fields or power stations). Read More
4th January 2017
Jan 4 Deutsche Bank's head of fighting financial crime and money-laundering, Peter Hazlewood, is leaving his post after just six months, a source familiar with the matter told Reuters. Read More
4th January 2017
A group of bipartisan senators is preparing a bill that would offer sanctions against Russia, lawmakers confirmed as the Senate convened a new session of Congress on Tuesday. Read More
4th January 2017
BB&T says it will improve how it fights money laundering as part of a broad U.S. regulatory crackdown on the potential for illicit money flows. Read More
4th January 2017
Former president and now Pampanga representative Gloria Macapagal Arroyo has accused the Anti-Money Laundering Council (AMLC) of being a political tool of the previous Aquino administration. Read More
4th January 2017
Malta’s stand on amendments seen as ‘watering down’ anti-money-laundering rules are in line with the EU’s position, a spokesman for the Office of the Prime Minister told the Times of Malta. Read More