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
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
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
8th December 2016
In contrast to the general tone of the report, which points to significant progress since the previous assessment in 2006, that concern is raised about “Lack of timely access to adequate, accurate and current beneficial ownership information” which “remains one of the fundamental gaps in the U.S. context.” Read More
7th December 2016
Financial services providers must start adapting and expanding compliance procedures to deal with the new UK failure to prevent the facilitation of tax evasion offence that is set to come into force next year, says Ogier's Head of Regulatory Services. Read More
28th November 2016
The Financial Crime & Operational Security report brings together Financial Crime Directors, Chief Security, Chief Information, Chief Risk and cyber-crime professionals to examine and debate initiatives that could give them competitive advantage in the fight against financial crime. Read More