5th April 2021
By Sadie Brown, OCCRP, 2 April 2021 OCCRP— More than 100 international and local organizations devoted to the preservation of marine wildlife raised their voice against a possible lifting of an 11 year ban on shark fishing announced by authorities in the Maldives. Minister of Fisheries,… Read More
1st April 2021
The UK Financial Conduct Authority (FCA) published a new policy statement Wednesday that includes crypto companies on the list of businesses required to submit a financial crime report. Businesses that are required to submit financial crime reporting are referred to by the FCA as “REP-CRIM”, which crypto asset… Read More
1st April 2021
FIFA President Gianni Infantino has addressed the G20 Anti-Corruption Working Group on the last day of its video conference summit. Invited to speak on the fight against corruption in sport, President Infantino shared the lessons that the new FIFA has learned through its post-2016 reforms, as well as from the… Read More
1st April 2021
One of the conservative front-runners in Peru’s presidential election denied press reports that he allegedly owes millions in back taxes and is under investigation for money laundering, hours before he was scheduled to appear in an election debate. Rafael Lopez Aliaga, a hotelier and businessman who… Read More
1st April 2021
A top Republican lawmaker said he will press the Senate to investigate Avantor Inc. and other companies that sold internationally controlled drug-making chemicals into Mexico’s “unregulated and corrupt market” amid a narcotics epidemic in the U.S. Texas Senator John Cornyn, who serves on both the Judiciary Committee and the… Read More
1st April 2021
The seizure in Mexico of COVID-19 vaccine smuggled aboard a private plane linked to a Honduran textile magnate marks the first instance of alleged transnational vaccine smuggling in Latin America — in a mysterious case that betrays a pattern of clandestine deals between economic and political elites keen to access… Read More
1st April 2021
The U.S. will sanction nine petrochemical companies from Belarus next month unless President Alexander Lukashenko releases political prisoners and starts talks with his opponents, the State Department said Wednesday. “Regrettably, we find the human rights situation has deteriorated to arguably the worst point in Belarus’s independent history,” spokesman Ned Price… Read More
1st April 2021
Credit Suisse’s chief executive had a blunt message for his bank: it has “an attitude to risk that has to change . . . there has to be consequences”. But it was not Thomas Gottstein speaking this week after the Swiss lender warned of huge losses on trades with its client Archegos Capital Management. Read More
1st April 2021
An Indian court on Wednesday granted no relief to China’s ByteDance, owner of the TikTok video app, in a case where the company challenged the local tax authority’s decision to block its Indian bank accounts, dealing a blow to its operations. Indian authorities in mid-March blocked ByteDance’s bank accounts for… Read More
1st April 2021
Julius Baer can resume large acquisitions after markets watchdog FINMA lifted a ban levied against the Swiss private bank last year for failings in combating money laundering involving cash linked to world soccer body FIFA and Venezuela’s oil company. In February 2020, FINMA cited scores of failings at Switzerland’s third-largest… Read More