21st November 2016
Seven cases of money laundering, reportedly worth SR16 billion ($4 billion), are under investigation in Saudi Arabia, according to local media. Read More
18th November 2016
Eyebrows were raised at the final settlement disclosed this month between the state-controlled Agricultural Bank of China (ABC) and New York’s Department of Financial Services (DFS). The fine imposed on the bank was a mere $215m. Read More
18th November 2016
Police in Brazil have arrested a former governor of Rio de Janeiro state, Sergio Cabral. Read More
18th November 2016
JP Morgan Chase agreed to pay $264m on Wednesday to settle charges that it employed well-connected Chinese “princelings” in order to win business in the Asia-Pacific region. Read More
17th November 2016
Alliance for Direct Democracy in Europe is accused of misspending EU funds on party workers and Farage’s bid to become MP. Read More
17th November 2016
After more than three years of digging into JPMorgan Chase’s hiring practices in China, federal authorities have determined that the bank hired the children of Chinese leaders as part of a quid pro quo to win business in the booming nation, clearing the way for a costly punishment. Read More
17th November 2016
Consultant paid $10.5 million to help acquire iron-ore mining rights Read More
17th November 2016
The British Virgin Islands independent regulator, the Financial Services Commission (FSC), has fined the local arm of the Panama Papers law firm, Mossack Fonseca, $440,000 for its contravention of numerous sections of the Anti-Money Laundering and Terrorist Financing Code of Practice and BVI Regulatory Code. Read More
17th November 2016
Body that controls taxpayer stake in bank reveals potential scale of penalty in case being pursued by US Department of Justice. Read More
16th November 2016
After India's Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) has now registered a money laundering case to probe the alleged payment of USD 5.7 million kickbacks in the 2008 Embraer aircraft deal. Read More