Posts Tagged ‘money laundering’
Meet the financial crime expert series: Ronald Daliya
Who are you and what do you do? I help our clients by providing advice on Financial Crime and in particular AML/ CTF. We deliver this advice by taking a transformation-based approach to everything we do. How did you get into this career in the first place? I used to work in IT, then project…
Read MoreMeet the financial crime expert series: Luke Raven
Who are you and what do you do? I’m Luke Raven! Across a little over 13 years now I’ve worked at Big 4 banks and world class FinTechs, helping each tackle Financial Crime. Whether it’s Sanctions, Anti-Money Laundering, Fraud Prevention, Anti-Scams, Bribery & Corruption, Terrorist Financing – I enjoy all of it! I love helping…
Read MoreNews in brief – July 2021
Americas APAC Europe MENA UK Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreWhat we are hearing – May 2021
It’s been another big month of financial crime news… In Europe, the largest mafia trial in 30 years is under way with 350 defendants including politicians and public officials. The Italian mafia’s estimated annual turnover is around £44bn (larger than Deutsche Bank and McDonalds combined!), making them one of the richest criminal organisations in the…
Read MoreNews in brief – May 2021
AFRICA AMERICAS ANZ ASIA EUROPE MIDDLE EAST Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreNews in brief – April 2021
AFRICA AMERICAS ANZ ASIA EUROPE MIDDLE EAST Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreNews in brief – March 2021
AFRICA AMERICAS ANZ ASIA EUROPE MIDDLE EAST Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreEU update – March 2021
UK regulator has launched criminal proceedings against NatWest in a £365millon money laundering scandal. It is alleged that £365million was paid into a NatWest customer account over a period of 5 years, and that “controls failed to adequately monitor and scrutinise this activity”. The real headline though is that £264 million of those funds were…
Read MoreWhat we are hearing – February 2021
Following an 18 month public inquiry by the NSW Independent Liquor & Gaming Authority (ILGA) into the suitability to hold a gaming license at the $2.2 billion newly constructed site at Barangaroo, an investigation has begun on Crown Resorts following ongoing allegations that the casino facilitated large scale money laundering activities. The inquiry led by…
Read MoreEU update – January 2021
HMRC issues record £24million fine to MSB for anti-money laundering failures. Whilst this may not be significant when compared with fines issued by the likes of the FCA and FinCEN, this fine demonstrates the power that Her Majesty’s Revenue and Customs (HMRC) has to issue penalties to firms falling under their supervision for failing to…
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