12th April 2016
The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Brian Hinman for aiding and abetting Kevin G. White’s Texas-based entities’, RFF GP, LLC and KGW Capital Management, LLC, fraudulent solicitation of participants in a foreign currency exchange pool named Revelation Forex Fund, LP. Read More
12th April 2016
Promoting a culture of compliance remains key to improving and strengthening adherence to the Bank Secrecy Act (BSA) through a healthy anti-money laundering (AML) program. Read More
Following last month’s research paper expanding on AML expert Anu Ratan’s analysis of FCA/FSA enforcement actions, KYC360 brings you a further exclusive paper, building on Anu Ratan’s analysis of common themes found in US regulatory actions over the past decade. Click here to see the special report… Read More
11th April 2016
DALLAS (AP) - A man who was slain at an upscale suburban Dallas shopping center is identified in federal court documents as the acting leader of a notorious Mexican cartel, a claim that would run counter to the long-held belief that drug kingpins seldom try to hide in the United States. Read More
7th April 2016
Russian opposition leader Alexei Navalny is an anti-corruption campaigner and strong critic of President Vladimir Putin. Shortly before the “Panama Papers” leaks, he told swissinfo.ch that one cannot ignore Switzerland’s interest in “dirty money”. Read More
6th April 2016
The biggest U.S.-based drugmaker, Pfizer Inc., will stay put thanks to aggressive new Treasury Department rules that succeeded in blocking Pfizer from acquiring rival Allergan and moving to Ireland — on paper — to reduce its tax bill. Read More
6th April 2016
SPARKS, NEV. The former Sparks Nugget has agreed to pay a $1 million civil fine after the northern Nevada hotel-casino admitted violating federal anti-money laundering regulations before it first was sold in 2013, U.S. regulators said Tuesday. Read More
6th April 2016
One bank is worried that people have been emptying out its ATMs of cash a little too quickly. In an effort to keep closer tabs on criminal activity, J.P. Morgan Chase & Co. just put a ceiling of $1,000 per day for non-customer ATM withdrawals. Read More
4th April 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by the CFTC’s Whistleblower Program to date and the… Read More
Against a backdrop of big changes to U.S. sanctions in respect of both Iran and Cuba, A. Katherine Toomey, Cristian Francos and Aaron T. Wolfson of Lewis Baach PLLC explain how to access funds which had been frozen - until now Read More