14th November 2016
Phra Dhammajayo has filed a petition with the Office of the Attorney General for justice in a money-laundering case in connection with the Klongchan Credit Union Cooperative (KCUC) multi-million-baht embezzlement scandal. Read More
14th November 2016
HSBC’s planned move of its UK bank to Birmingham has been described as “a programme in crisis” by the monitor appointed by the American authorities to ensure the bank complies globally with anti-money-laundering rules. Read More
11th November 2016
President-elect Donald Trump expected to axe unpopular rules introduced since crisis. Read More
10th November 2016
Recent anti-money laundering enforcement actions against major U.S. financial institutions have placed boards of directors front and center in the management and oversight of their institutions’ Bank Secrecy Act and other anti-money laundering (“BSA/AML”) programs. Read More
Recent anti-money laundering enforcement actions against major U.S. financial institutions have placed boards of directors front and center in the management and oversight of their institutions’ Bank Secrecy Act and other anti-money laundering (“BSA/AML”) programs. Read More
10th November 2016
A trader who operated from his parents' home in London has pleaded guilty in the US to helping trigger a 2010 Wall Street "flash crash". Read More
3rd November 2016
The Pensions Regulator has begun enforcement action against a number of parties including Sir Philip Green after failing to reach a deal to plug BHS’s £571m pension deficit. In a dramatic development, the regulator, which has been in talks with Sir Philip and his Taveta group of companies over the retailer’s… Read More
2nd November 2016
Thirteen port and customs officials were charged on Wednesday with stealing cargo containers and aiding tax evasion on freight at Kenya’s Mombasa port, part of a drive to clamp down on corruption and boost efficiency at the hub. Mombasa acts as a trade gateway for much of East Africa. But… Read More
2nd November 2016
The auditor-general has cleared Foreign Minister Murray McCully of corruption over the $11.5 million Saudi Arabia Food Security Partnership but found “significant shortcomings” in the paper put to Cabinet to support the deal. “I share many New Zealanders’ concerns about the arrangements,” auditor-general Lyn Provost said in her report, released… Read More
2nd November 2016
When the FBI raided the Chinatown home of Chicago restaurateur Tony Hu two years ago, agents discovered a veritable “assembly line” for doctoring sales records, federal prosecutors say. Three piles of receipts were found in Hu’s living room: records on his couch still to be doctored, those already altered with… Read More