Germany says it expects EU to impose sanctions against Russia over Navalny case
5th October 2020
Germany says it expects EU to impose sanctions against Russia over Navalny case
Germany expects the European Union to impose new sanctions against Russia over the poisoning of opposition leader Alexei Navalny with an internationally banned nerve agent, Foreign Minister Heiko Maas said on Saturday. Navalny emerged from a coma in early September after suddenly falling ill during a flight in Siberia on… Read More
European anti-money laundering watchdog starts inspecting the Vatican
5th October 2020
European anti-money laundering watchdog starts inspecting the Vatican
Nearly a year after the Vatican appointed one of Italy’s top anti-mafia prosecutors to tackle alleged financial wrongdoing in the Holy See, the Council of Europe’s anti-money laundering body, Moneyval, arrived in the Vatican to make its own assessment. “Today the assessment team of the Committee of Experts on… Read More
EU Leaders Agree to Adopt Sanctions on Belarus Officials
2nd October 2020
EU Leaders Agree to Adopt Sanctions on Belarus Officials
The European Union reached an early morning deal Friday to advance a sanctions package on Belarus in coming days after Cyprus and Greece won the bloc’s backing on a statement demanding an end to Turkish drilling in what they claim as their waters, leaders said. The Belarus sanctions, which will… Read More
Malta: Failure to secure corruption convictions flagged in EU rule of law report
2nd October 2020
Malta: Failure to secure corruption convictions flagged in EU rule of law report
The European Commission has expressed concern about Malta’s failure to secure convictions in high-level corruption cases and flagged “deep corruption patterns” within the country as worthy of note. In a rule of law report, the Commission noted that the worrying patterns had led to “strong public demand” for rule of… Read More
U.S. sanction plan for Iran would imperil drug, food imports
1st October 2020
U.S. sanction plan for Iran would imperil drug, food imports
A U.S. proposal to almost totally sever Iran from the global financial system could sharply hinder its ability to secure supplies of food and drugs as it struggles to contain a resurgence of the worst coronavirus outbreak in the Middle East. The Trump administration is considering targeting more than… Read More
Sanctions risk is back in Russia. Here’s what’s at stake.
30th September 2020
Sanctions risk is back in Russia. Here’s what’s at stake.
Russian markets are once again being plagued by multiple sanctions threats that could materialize before the end of the year. The prospect of new Western sanctions has helped drive the ruble back toward a four-year low reached during the oil price crash in March. Only Turkish government bonds have performed… Read More
The evolution of serious and organised crime: the diversifying nature of criminal operations in the digital age
30th September 2020
The evolution of serious and organised crime: the diversifying nature of criminal operations in the digital age
Organised crime groups (OCGs) have evolved and adapted techniques designed to facilitate criminal activities, evade detection and enable criminal enterprise to endure. The National Crime Agency’s (NCA) national strategic assessment of serious and organised crime (SOC) 2020 reports that SOC continues to have more impact on UK citizens than… Read More
Wealthy Britons step up citizenship shopping to thwart Brexit
28th September 2020
Wealthy Britons step up citizenship shopping to thwart Brexit
The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken. Investment immigration firm Astons said it had seen a 50% and 30%… Read More
UK plans ‘Magnitsky’-style sanctions against officials in Belarus
25th September 2020
UK plans ‘Magnitsky’-style sanctions against officials in Belarus
The UK is drawing up “Magnitsky”-style human rights sanctions against officials in Belarus responsible for administering the rigged re-election of president Alexander Lukashenko or directing the violent suppression of subsequent street protests. The foreign secretary, Dominic Raab, said on Thursday that he will introduce the sanctions in conjunction… Read More
EU watchdog calls for tax data sharing powers to combat fraud
25th September 2020
EU watchdog calls for tax data sharing powers to combat fraud
Securities and tax regulators should have new powers to share information for cracking down on fraudulent tax reclaim schemes, the European Union’s markets watchdog said on Thursday. The European Securities and Markets Authority (ESMA) made the recommendation in its final report to the European Parliament into frauds whereby investors engineer… Read More
Popular

Two former Julius Baer CEOs reprimanded following money laundering inquiry

Aussie banks laundered $500m for cocaine cartels

Hong Kong bank staff arrested in US$810m laundering probe

The Mexican drug cartel investigation that wasn’t an investigation at all

Capital One Fined for Anti-Money-Laundering Deficiencies

Must Read

Two former Julius Baer CEOs reprimanded following money laundering inquiry

Former Vatican Banker Convicted of Money Laundering and Embezzlement

Latvian bank allegedly linked to Putin’s pink palace scheme

Italian mafia sweep nets centrist leader, white-collar workers

China Imports Oil Doctored to Skirt U.S. Sanctions on Venezuela