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2018 Russia World Cup organising official allegedly gave bribery tips on Fifa voters and how to sway them

One of the architects of last year’s World Cup, and Russia’s triumph to stage it, has been accused of sending an email on how to bribe Fifa voters to award it to his country. Russian investigative outlet The Insider claimed to have obtained leaked correspondence from a member of… Read More

Soccer attracts most misconduct allegations in global sports: report

Soccer accounted for 87% of 240 allegations of misconduct reported to the Sport Integrity (SI) Hotline over the last two years, highlighting “a significant number of match-fixing, internal corruption and sexual abuse issues”. The SI Hotline, established by the International Centre for Sport Security (ICSS) in 2018, gives whistleblowers from… Read More

Whistle-Blowers Are the Last Defense Against Global Corruption

If anyone at Deutsche Bank—or at any of Europe’s other financial institutions, accounting firms, or tax offices—has evidence of wrongdoing by Donald Trump, now would be a good time to share it. Deutsche Bank, for example, has insisted that it doesn’t have copies of Trump’s tax returns. But employees of… Read More
18th October 2019
Mossack Fonseca, a Panamanian law firm at the center of the “Panama Papers” scandal, has filed a lawsuit against Netflix Inc (NFLX.O) over its new movie based on the case, accusing the video streaming company of defamation and seeking to stop the film’s release. The Panama Papers, which… Read More
7th October 2019
The U.K.’s withdrawal from the European Union is complicating the bloc’s fight against money laundering in the financial system, according to EU authorities. Firms relocating from Britain could overwhelm the national bodies that supervise anti-money laundering systems, the three EU financial regulators said in a joint report published Friday. Read More
25th September 2019
Whether the U.K. leaves the European Union with no deal or clinches a last-minute agreement in the coming weeks, Brexit has already taken a toll on London’s finance industry. Three years and three prime ministers since the vote, fraught negotiations and political turmoil have sapped confidence in the industry, putting… Read More
10th September 2019
France will likely win Britain’s financial services crown in the European Union after Brexit, which leaves the bloc’s economy more reliant on struggling euro zone banks, New Financial think tank said on Tuesday. Brexit will most likely lead to a shift in the tone and direction of policy on EU… Read More
2nd September 2019
Britain’s banks face a hit of up 25% to their earnings if Britain crashes out of the European Union without a deal, analysts at Citigroup (C.N) said in a research note. The economic slowdown that would result from a no-deal Brexit, as well as the likelihood of lower… Read More
26th August 2019
Professional football clubs and players’ agents will be required to report suspicious transactions to the police or face criminal sanctions, just like banks, if radical measures proposed by the European Commission are adopted. These measures are recommended in the Staff Working Document that accompanied the Commission’s recently published Supranational Risk… Read More
21st August 2019
France and Panama have signed a bilateral agreement in Panama City to create a group designed to curb tax fraud, announced Gérald Darmanin, French minister of public accounts. The move comes years after Panama was blacklisted amid the Panama Papers tax evasion scandal. “With Panama’s Minister of Economy and Finance, Hector Alexander, we… Read More
15th August 2019
UK banks are significantly behind schedule in moving staff to the European Union ahead of Brexit and risk being caught off guard if Britain leaves without a deal, the European Central Bank said on Wednesday. Many London-based banks are having to expand their EU operations to continue doing business in… Read More
7th August 2019
Swiss federal prosecutors have filed fraud charges against three former senior German soccer officials and one Swiss over a suspect payment linked to the 2006 World Cup hosted by Germany, the Swiss Attorney General’s office said on Tuesday. The indictment alleges former German Football Association (DFB) presidents Theo Zwanziger and… Read More
6th August 2019
An Austrian administrative court has rejected Raiffeisen Bank International’s challenge against a 2.75 million euro ($3.1 million) fine over insufficient anti-money-laundering checks, the bank said on Monday. Austria’s Financial Market Authority imposed the fine last year here over a breach of RBI’s due diligence requirements for the prevention of… Read More