Money Laundering/AML

John Gould, senior partner at Russell Cooke, looks at the implications of the Pandora Papers investigation one year on...

The Financial Action Task Force (FATF) and Interpol have launched a joint initiative to prevent international financial crime.

Ogier has promoted Martin Byers to counsel in its Cayman Islands team.

The Jersey Financial Services Commission (JFSC) has launched a follow-on consultation to align Jersey’s anti-money laundering (AML) and counter terrorist financing (CFT) regime more closely to international standards

Total value of alleged fraud reaching UK Crown Courts in H1 2022 was £532.6m, an increase of 288 percent compared to £137.4m in H1 2021

Hundreds of UK customers of a collapsed Puerto Rican bank linked to tax evasion and money laundering are being given a chance to check and correct their tax affairs

The National Crime Agency’s successful breaking of gang ringleader Abdulla Alfalasi, who laundered over £100 million in cash from the UK to Dubai, serves as a sharp reminder that organised crime groups would do well to remove their huge cash profits from the UK

The Swiss Federal Council has brought the revised Anti-Money Laundering Act (AMLA) and the amended Anti-Money Laundering Ordinance (AMLO) into force with effect from 1 January 2023

The Securities and Exchange Commission (SEC) has charged two executives and their Malta-based investment adviser firm - Standard Advisory Services - for defrauding clients out of more than $75 million

Tax avoidance bosses have been named for the first time in the latest move to help protect the UK public