10th June 2019
Riot police surrounded Hong Kong’s parliament early on Monday after what had been a peaceful million-strong protest against an extradition bill descended into running clashes between police and protesters. Several hundred riot police armed with batons, shields, tear gas guns and pepper spray sealed off the Legislative Council as a… Read More
7th June 2019
Tens of thousands of people are expected to take to the streets of Hong Kong on Sunday in a bid to block changes to the Chinese-ruled city’s extradition laws, which could pave the way for fugitives wanted by mainland China to be sent across the border for trial for the… Read More
7th June 2019
The European Commission on Wednesday called on six EU member-states to bolster their anti-money laundering (AML) supervisory and enforcement efforts in light of recent bank scandals and the risks of crypto-assets. The requests highlight recent efforts by Denmark, Estonia, Latvia, Bulgaria, Sweden and Malta… Read More
6th June 2019
An opposition politician has collected 680,000 signatures to push for Hungarian membership of a planned European Union prosecutor’s office (EPPO), a step rejected by Budapest’s eurosceptic nationalist government. Due to be launched in 2020, the EPPO will be geared to investigating and pressing criminal charges in cases crossing borders of… Read More
4th June 2019
Kenya needs to urgently stamp out an upsurge of suspicious transactions in its financial sector that imperil future commercial activities and economic growth, Patrick Njoroge, the central bank governor, said on Monday. The East African nation is favoured by foreign investors mainly due to its diverse, fast-growing economy, but its… Read More
30th May 2019
Some Hong Kong judges fear they are being put on a collision course with Beijing as the special administrative region’s government pushes for sweeping legal changes that would for the first time allow fugitives captured in Hong Kong to be sent to mainland China for trial. Three senior judges and… Read More
29th May 2019
The failure of Maltese authorities to identify the masterminds behind the murder of investigative journalist Daphne Caruana Galizia raises questions about the rule of law in Malta, according to Europe’s chief human rights watchdog. Caruana Galizia, whose reporting uncovered widespread corruption, was killed by a car bomb in October 2017. Read More
9th May 2019
Danske Bank has hired Morgan Stanley’s Satnam Lehal to lead its financial crime unit amid allegations that the institution played a prominent role in one of the largest money laundering scandals in recent years. Lehal, 41, has served as a managing director and international head of financial crime at Morgan… Read More
7th May 2019
The euro zone should favor mergers of banking groups in the bloc and take over the supervision of money-laundering risks from national authorities, the European Central Bank’s top watchdog said on Friday. Andrea Enria’s remarks followed a series of money-laundering scandals at European banks which have exposed vulnerabilities in the… Read More
6th May 2019
AP — Congress has agreed to postpone a deadline for two banks to respond to subpoenas for Donald Trump’s financial records after the president filed a lawsuit this week seeking to block them from responding. U.S. District Judge Edgardo Ramos on Wednesday set a hearing on Trump’s lawsuit for May… Read More