All Money laundering and financial crime articles – Page 11
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NewsBurford hires lawyers to pursue criminal probe into shares dive
Litigation funder alleges that it has been a victim of illegal market manipulation.
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NewsSFO issues co-operation guidance – but firms still unsure
Prosecuting authority says companies should investigate first before reporting and should certify privileged material.
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NewsCity watchdog's staff could escape grilling in LC&F inquiry
Review will not be able to compel Financial Conduct Authority employees to attend interviews.
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NewsMining company opens second front against SFO
ENRC claims the former prime minister of Kazakhstan leaked confidential and legally privileged information to the prosecuting authority.
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NewsSFO drops hefty proportion of cases
The prosecuting authority closed 14 investigations without charge this year, compared with three last year.
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NewsSFO needs culture change, says watchdog
Organisation is plagued by ‘neglectful management’ and ‘unacceptable behaviours’, according to an independent leadership review.
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NewsFight against financial crime is underfunded, claim solicitors
The government’s Economic Crime Plan allocates £48m for law enforcement, while the NCA insists £2.7bn is needed.
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NewsFCA opens hundreds of cases – but does not close them
The number of unresolved cases grows as city watchdog opens more investigations than ever.
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NewsLasting powers of attorney process 'needs safeguards against fraud'
System offers little protection against abuse by people in positions of trust, minister told.
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NewsNews focus: Suspicious minds
Enforcement agencies are bombarded by thousands of worthless suspicious activity reports. But advisers hoping the Law Commission would suggest sweeping changes have been disappointed
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News'Low quality' suspicious activity reports swamping system - Law Commission
Almost half of authorised disclosure SARs have no objective grounds for suspicion, the Home Office is told.
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NewsENRC accuses SFO of covering its tracks after probe postponed
Multinational mining company claims that it is a ‘blatant disregard of the public interest’ to abandon the review of corruption investigation.
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FeatureTime to get your risk assessments in order
SRA report highlights shortcomings in firms’ anti-money laundering measures.
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NewsCompanies House could require identity checks in transparency reform
Consultation document proposes what is claimed to be the biggest change since the Register of Companies was created.
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NewsLawyers urged to crack down on money laundering before governments intervene
International Bar Association proposes what it says are stricter rules for the profession in light of the Panama papers revelations.
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NewsGovernment told to close money laundering loopholes
Joint parliamentary committee demands tougher legislation on trusts to address dirty money in the UK property market.
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News'Significant minority' of firms failing on anti-money laundering
SRA finds one third of reviewed firms falling short on risk assessments.
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NewsLaw firm's accountant liable for 'dishonest assistance' in £10m fraud claim
Court of Appeal finds accountant acted dishonestly in arranging what amounted to a bribe.
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FeatureFailing to prevent economic crime
Many have called for a new failure to prevent fraud offence, but its potential effectiveness is up for debate.