25th May 2016
Post-financial crisis regulations have forced banks to become more diligent and aggressive against financial fraud, including money laundering. In response to new rules, financial institutions in the U.K. have heightened their practice of de-risking — that is, withdrawing bank accounts or other financial services from customers deemed to be high-risk. Read More
25th May 2016
New tide of investigations likely after impending change to law against unfair competition. Read More
25th May 2016
Azerbaijan's top court on Wednesday ordered the release of prominent investigative journalist Khadija Ismayilova, who was jailed on corruption charges last year that triggered an international uproar, her lawyer said. Read More
25th May 2016
A joint CBC/Toronto Star investigation based on the Panama Papers provides the closing chapter in a years-long saga involving Canadian tycoon Victor Dahdaleh, which saw him battle criminal charges and a billion-dollar lawsuit on two continents over an international bribery scandal — all the while forging close ties with a trio of Canadian universities. Read More
25th May 2016
Private Swiss bank BSI, which has been ordered to close its operations in Singapore, has been slammed by its own regulator for failing to adequately monitor its relationship with Malaysian sovereign fund 1Malaysia Development Berhad. Swiss Financial Market Supervisory Authority, FINMA, accused the bank of committing "serious breaches of money laundering regulations" and "fit and proper" requirements. Read More
25th May 2016
Ripples from Brazil’s giant graft probe are reaching Pittsburgh, where U.S. Steel Corp. is looking into accusations that one of its local ventures paid bribes. Read More
25th May 2016
Dominic Raab cites statement from Transparency International, though NGO itself says it is not a big issue Read More
25th May 2016
The Normandie Casino in Gardena, California, which has been dealing cards to gamblers for over 75 years, is about to bag up its chips and head for the exit unless a new buyer can be found. Read More
25th May 2016
U.S. officials say he “enriched himself” with $400 million (U.S.) in mark-ups and paid tens of millions of dollars in bribes to Bahraini officials, a Toronto Star/CBC investigation has found. Read More
25th May 2016
Peru’s Popular Force Party and its presidential candidate Keiko Fujimori are allegedly delaying an investigation into their money laundering activities related to financial contributions received during the 2011 elections — according to Prosecutor Maria del Pilar Peralta. Read More