5th December 2016
The Enforcement Directorate has arrested two officials of a private bank in the capital in connection with its money laundering probe for alleged irregularities in the conversion of old currency and supply of new notes leading to black money generation. Read More
5th December 2016
Bank reaches settlement with three of five shareholder groups who claim they were misled over the £12bn rights issue in 2008. Read More
5th December 2016
China’s top securities regulator resorted to unusually harsh language to denounce leveraged acquisitions of shares in listed companies, as officials move to rein in financial risks associated with a surge in dealmaking. Read More
2nd December 2016
Contending that large volumes of liquid cash are a big source of corruption and black money, Prime Minister Narendra Modi on Friday appealed to the people to “lead the change” towards cashless transactions to lay the strong foundations of an India where there is no place for such malaise. Read More
2nd December 2016
U.S. anti-money laundering regulations are well-developed, and domestic coordination to prevent money laundering and terrorist financing is sophisticated and has improved over the past 10 years, according to a Financial Action Task Force (FATF) evaluation issued Thursday. Read More
2nd December 2016
Standard Chartered Singapore and Coutts & Co were on Friday (Dec 2) fined S$5.2 million and S$2.4 million, respectively, by the Monetary Authority of Singapore for breaches of anti-money laundering (AML) requirements that occurred in the context of 1MDB-related fund flows. Read More
2nd December 2016
Save the Children say £950m is needed by those affected by Boko Haram, with tens of thousands of children at risk of death in areas held by the group. Read More
2nd December 2016
Academics say working out card number, expiry date and security code of Visa card takes ‘as little as six seconds’. Read More
1st December 2016
Casinos, real estate developers and dealers of high-value items will have to report any cash transaction exceeding P500,000 or $10,000 to the Anti-Money Laundering Council (AMLC) to help stop any illegal fund transfers in the Philippines. Read More
1st December 2016
Privacy hearings surrounding a former senior Barclays investment banker's unfair dismissal claim have been adjourned until May next year, the FT reported. Read More