05.25.18

International Trade Lawyers Make Hay as Sanctions Shine

An already long reel of U.S. government sanctions grew longer this week, when President Donald Trump announced new penalties on certain transactions involving the government of Venezuela.



05.25.18

PNB Fraud: ED Charges Nirav Modi, Others For Laundering Rs 6,498 Crore Bank Funds

The Enforcement Directorate today filed its first chargesheet in the Punjab National Bank Ltd. fraud case involving diamantaire Nirav Modi and associates.



05.25.18

Alleged Money Laundering: Shagari, Four Others Get Bail

A Federal High Court in Sokoto on Thursday granted bail to former Minister of Water Resources, Muntari Shagari and four others standing trial over alleged N500 million illegal dealings with former Petroleum Minister, Diezani Madueke.



05.25.18

One of the Biggest Crypto Exchanges Is Heading to the Caribbean

Due diligence in the sometimes shadowy universe of digital money often means trying to unscrew the inscrutable.



05.25.18

Spain's ruling party rocked by major corruption case

Spain's High Court convicted 29 people, including former senior officials of Prime Minister Mariano Rajoy's Popular Party (PP), and sentenced them to a total of 351 years in prison on Thursday in one of the country's biggest corruption scandals in modern history.



05.24.18

Venezuela's Maduro expels US diplomats, rejects sanctions

Venezuela ordered the expulsion of the top two US diplomats in the country on Tuesday, charging it was the victim of a "political and financial lynching" after Washington tightened sanctions over President Nicolas Maduro's re-election.



05.24.18

The Bumbling Corruption of Rodrigo Duterte

Among Filipinos working in the Middle East, the talk inevitably turns to home. In encounters in hallways, on buses, while getting a haircut, we chat about our shared experiences as expats with deep connections to our home.



05.24.18

Former South Korean president Lee slams 'insult' corruption charges

Former South Korean president Lee Myung-bak on Wednesday (May 23) defiantly described the corruption charges he faces as an "insult" at his first court appearance since his arrest in March.



05.24.18

Reality check: Will crypto firms score a banking charter?

The news that at least two cryptocurrency companies, Coinbase and ivyKoin, have talked to federal regulators about obtaining a bank charter, has prompted widespread interest-- but it remains unclear if much will come of any discussions



05.24.18

'Cash-strapped' Zuma too broke to fight prosecution

Lawyer Michael Hulley says Zuma has terminated counsel's brief because of uncertainty about whether the state will continue to fund his legal case



05.23.18

Money Laundering on the U.S. Doorstep

The Wall Street Journal article "Hezbollah Said to Be Laundering Money in South American Tri-Border Region" cited in BSA News Now on Wednesday, May 16th, 2018, describes how the Latin American free-trade zone has developed into an international shopping center for illicit weapons and other goods as well as a fundraising point for unlawful operations, one that poses a significant risk to the state of national security in the United States.



05.23.18

The United Kingdom must ensure that no contracts are awarded to Hogan Lovells

But the official state money laundering and corruption virus he inherited from President Zuma is significantly more virulent and pervasive than even Ramaphosa could have anticipated, made immeasurably worse by the complicity of UK-based global corporates.



05.23.18

Falana seeks visa ban on Nigerian public officials involved in money laundering

A human rights lawyer, Femi Falana, has urged Western governments to impose visa ban on Nigerian public officials involved in money laundering and other corrupt acts.



05.23.18

Regulators Eyeing Social Media In Europe

Against the backdrop of social media controversy- remember Facebook, of course, and 87 million users' data exposed to Cambridge Analytica- oversight is tightening in Europe.



05.23.18

Six Charged In Massive Fraud & Money Laundering Scheme

United States Attorney Josh Minkler announced federal charges against six individuals, including a former regional construction project manager for a bank, the owners of two different construction companies, the owner of an Indianapolis maintenance services company, and the owner of a Plainfield, Indiana, supply company.



05.21.18

UK fails to tackle Russian money laundering: MPs

The UK's combative response to an alleged Russian state-sponsored attack on a former spy is being undermined by a failure to stop dirty money from flowing through London.



05.21.18

Six-month extension for Hong Kong's Fraud and Money Laundering Intelligence Taskforce marks unit's uncertain future

A full-scale review will take place in coming months as sources warn that if the task force's potential is not realised, city risks losing big banks to other jurisdictions with more effective systems



05.21.18

Why Gibraltar's crypto gambling regulation is important and what to expect from it?

Gibraltar is one of the world's biggest gambling hubs. The industry enjoys very low taxes and some of the biggest names in the industry have their success roots in this Mediterranean U.K overseas territory.



05.21.18

Can Venezuela survive another Maduro victory?

As Venezuelan President Maduro seeks another six-year term Sunday, it is clear that he-like the rest of the country- is running on empty.



05.21.18

Banking royal commission: CBA reputation set for another battering

As the Commonwealth Bank reels from a school banking scandal where thousands of children's bank accounts were fraudulently activated by staff as part of a widespread scam to meet aggressive performance targets and earn bonuses, its reputation is set for another battering in round three of the royal commission.



Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search