23rd May 2016
Legislative drafting experts from across the Pacific met law enforcement officials in Auckland last week to revise the Pacific Island Forum's model provisions on combatting terrorist financing and money laundering. Read More
20th May 2016
Bermuda Government will modernise the island’s laws relating to bribery and corruption. Attorney General Trevor Moniz told the House of Assembly that new legislation, based on Britain’s Bribery Act, would be brought forward. Read More
20th May 2016
The Authority has been notified that the Isle of Man Treasury has recently published new and updated information regarding the above Sanction regimes. Read More
18th May 2016
Ineffective anti-money laundering controls in some banks have come to light recently in Panama, Honduras and Guatemala and reputational risk could spread throughout the region. This brings another layer of risks to the region's banks and exposes them to heightened event risk, says Fitch Ratings. Read More
11th May 2016
Any Government move to quickly extend anti-money laundering laws to include lawyers, accountants and real estate agents is not a solution to dealing with foreign trusts, says an industry expert. Read More
10th May 2016
The Isle of Man Financial Services Authority has been notified that the Isle of Man Treasury has recently published new and updated information regarding sanction regimes relating to Libya North, Korea, Iran, ISIL (Da’esh) and Al Qaida and Terrorism and Terrorist Financing. Read More
9th May 2016
Prosecutors in Geneva have summoned three more former employees of Credit Suisse for questioning in a case of suspected money laundering. Read More
6th May 2016
A prominent family in Panama has been running businesses as a front for a major drug money-laundering operation, according to the US authorities. Read More
29th April 2016
Guernsey’s financial services regulator has published a consultation paper following a decision made by the States of Guernsey in January of this year to increase the discretionary financial penalties which the Commission is able to apply in cases where there have been serious regulatory shortcomings. Read More
28th April 2016
Panama and the United States on Wednesday signed an agreement on sharing of back account information in a step Panama's finance minister hailed as proof of his country's cooperation in fighting tax evasion. Read More