Money Laundering/AML

Sunrise Brokers LLP has been fined over £600,000 by the UKs Financial Conduct Authority (FCA) for deficient anti money laundering systems and controls

MEPs have given their final green light to new rules obliging big multinationals to publicly declare the taxes they pay in each EU country, in order to undermine tax avoidance

Countries are losing a total of $483 billion in tax a year to global tax abuse committed by multinational corporations and wealthy individuals – enough to fully vaccinate the global population against Covid-19 more than three times over, the Tax Justice Network has claimed

When both the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) came into effect, collectively referred to as Automatic Exchange of Information (AEOI), the understanding across industry was that the format in which the physical reports would be delivered would be standardized in order to reduce the administrative burden....

The Swiss Federal Council has brought the Federal Act on the Implementation of International Tax Agreements (ITAIA) and the associated ordinance into force with effect from 1 January 2022

The head of Mexico’s Financial Intelligence Unit has resigned after huge amounts of cash were found on guests attending his foreign wedding, hosted in Guatemala

Whist the full extent of the fallout from Covid-19 on the global economy is yet to be seen, history has shown that recessions often uncover and act as a catalyst for fraud...

Rob Jones has been appointed as interim director general of the National Economic Crime Centre (NECC), the joint unit housed within the NCA responsible for coordinating the UK’s response to economic crime

In January 2022, the Japan’s Ministry of Justice will implement a new policy that aims to improve the transparency of Japanese companies by disclosing the identity of their major investors

A Chinese mother and her two UK-based sons have agreed to hand over London properties worth more than £1.6 million, in response to a National Crime Agency (NCA) civil recovery claim that linked their purchases with suspected money laundering