27th April 2018
North Korean leader Kim Jong Un and South Korean President Moon Jae-in embraced after pledging on Friday to work for the “complete denuclearisation of the Korean peninsula,” punctuating a day of smiles and handshakes at the first inter-Korean summit in more than a decade. The two Koreas announced they would… Read More
26th April 2018
U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation. Since at least 2016, U.S. authorities have been probing Huawei’s alleged shipping of U.S.-origin products to Iran and other countries in… Read More
26th April 2018
The European Union has called on Moldova to retrieve funds from a one billion dollar banking fraud and bring to book the criminals behind the scam. In a report discussing the issue of reform in Moldova, amongst other topics, the EU observed that although the country has made some… Read More
25th April 2018
Members of the European Parliament (MEPs) voted overwhelmingly in favour for key changes to be made to the European Union’s anti-money laundering directive. MEPs supported an agreement with the Council which will give public access to information on the real owners of firms operating in the EU, a measure aimed… Read More
25th April 2018
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday that North Korean leader Kim Jong Un had been “very honorable” and wanted to meet with Trump as soon as possible. Trump, who made the comments to reporters during a meeting with French Prime Minister Emmanuel Macron at the White… Read More
24th April 2018
The European Union’s justice commissioner said on Monday she will visit Malta in the coming weeks to look at its anti-money laundering moves and check on how an investigation is going into the murder of an investigative journalist. Her visit will increase pressure on the EU member after the European… Read More
24th April 2018
AP — The White House said Monday North Korea won’t get sanctions relief until it takes “concrete action” toward denuclearization, the goal of President Donald Trump’s planned summit with Kim Jong Un. Press secretary Sarah Huckabee Sanders’ comments appeared to leave open the possibility of easing the U.S.-led “maximum… Read More
23rd April 2018
AP — ZTE Corp., one of China’s biggest tech companies, said Sunday that it is taking steps to comply with a U.S. technology ban and that it is seeking a solution to the issue it says threatens its survival. The ban on state-owned ZTE was imposed last Monday in… Read More
23rd April 2018
The Financial Conduct Authority (FCA) has published a set of new rules for the asset management industry, outlining its stance on accountability rules for top executives. The FCA had previously stated that it would consult on a new specific Prescribed Responsibility (PR) for authorised fund managers (AFMs) as part of… Read More
20th April 2018
Britain’s Serious Fraud Office will have its funding increased under new changes to its financing model, which has been previously criticised. The agency’s core funding is set to rise to £52.7 million from £34.3m, and its blockbuster funding will no longer have internal ring fencing, allowing it to move staff… Read More