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
You don't need us to tell you it’s been a year for surprises. Read More
19th December 2016
Britain's intelligence agencies need to do more to help regulators to protect the financial services industry from cyber crime, the head of an influential parliamentary committee said on Monday. Read More
19th December 2016
In his Dec. 14 op-ed, “Vanquishing the red-tape monster,” Philip K. Howard wrote about performance-based regulatory “reform” but did not discuss what many in industry really want: no regulations. Read More
19th December 2016
Speculation about a ‘problematic’ issue has reignited fears that regulators are ill-equipped to deal with risks spreading between industries. Read More
16th December 2016
The Serious Fraud Office (SFO) would like to extend the strict liability "failure to prevent bribery" offence that is currently encapsulated in S7 of the Bribery Act. Read More
16th December 2016
Minister of Finance, Economic Planning and Development Goodall Gondwe has said government will facilitate that parliamentary committees of Legal Affairs and Budget should meet weekend to scrutinise the Financial Crimes Bill so that it should be fast track scrutiny so that it can be brought back to House for approval. Read More
14th December 2016
Professor Nicholas Ryder discusses the provisions and limitations of the UK government’s Criminal Finances Bill (currently at committee stage in the Commons). Nicholas is Professor of Financial Crime at the University of the West of England and is a regular contributor to KYC360. He is the founder and series editor of Routledge’s… Read More
13th December 2016
In the post-Yates Memo landscape, increasing attention is being paid to high-level individuals within business entities under government scrutiny. Read More
12th December 2016
“Since its previous FATF assessment in 2005, Switzerland has strengthened its AML/CFT (anti-money laundering and counter-terrorist financing) regime,” the Paris-based intergovernmental body said in a statement on Wednesday. Read More