23rd December 2016
Bharatiya Janata party dismisses claims that two Indian conglomerates paid millions of rupees to Modi when head of Gujarat. Read More
22nd December 2016
The European Commission is shoring up money laundering measures to regulate cash flows and freeze terrorist assets. Read More
22nd December 2016
Brazil-based construction colossus Odebrecht SA and affiliated petrochemical company Braskem SA agreed on Wednesday to pay at least $3.5 billion, the largest penalty ever in a foreign bribery case, to resolve international charges involving payoffs to Brazil's state oil company and others. Read More
21st December 2016
European council proposals on company information would lead to ‘business as usual’ in wake of Panama Papers, critics say. Read More
21st December 2016
The restrictions were due to expire on January 31. Read More
20th December 2016
Financial crime prevention laws are never static, and 2016 has proved no exception to the continuous cycle of changes to existing laws and the introduction of new ones. Read More
20th December 2016
There has been much speculation over recent weeks as to what a Trump Presidency might mean for US-UK bilateral relations. Read More
20th December 2016
The Ministry of Petroleum and Mineral Resources welcomes the UK’s Serious Fraud Office (SFO) decision to close their investigation on Soma Oil & Gas Exploration Limited (SOMA). The allegation was that payments made by Soma to the Somali government were used to bribe officials. The accusation of corruption by the… Read More
20th December 2016
You don't need us to tell you it’s been a year for surprises. Read More
20th December 2016
Stefan Cassella of Asset Forfeiture Law, LLC reports on United States v. Zarrab, in which it was decided that the United States may assert criminal jurisdiction over a foreign national operating a money service business that moves dollar-denominated funds between foreign bank accounts on behalf of sanctioned Iranian entities, in violation of US law. Read More