04/14/2021
Brussels is pushing for the UK to not be able to join the Lugano Convention, an international legal pact, after officials held a crunch meeting yesterday.
04/14/2021
The FCA has published the latest data collected from all affected insurers on the progress of their non-damage business interruption (BI) insurance claims on a new webpage.
04/14/2021
The letter also set out our intention to gather information from all affected insurers regularly on the progress of their non-damage BI claims
04/14/2021
Most losses remain international issuer losses due to card skimming, which were €183 million.
04/14/2021
Contacted by AFP, the Swiss attorney general's office confirmed Tuesday that its aggravated money laundering probe involving Lebanon's central bank was ongoing, but refrained from further comment.
04/14/2021
The High Court dismissed Mr Adams’ claim – see our earlier briefing note on that judgment here.
04/14/2021
Only 57% of lawyers had a business risk assessment in place last year, placing them last in a list of sectors that includes credit institutions, gaming companies, trust services providers, notaries and accountants
04/14/2021
It is a member of the EU and offers its citizens visa free travel to over 180 countries.
04/13/2021
The proposal drawing the most support was for regulators to impose tougher rules around the amount of capital banks need to keep as a buffer if they want to lend to companies responsible for emitting high levels of greenhouse gases.
04/13/2021
The European Central Bank (ECB) has published a document on the use of distributed ledger technology (DLT) in post-trade processes.
04/13/2021
In parallel, the ECB says clear and sound governance of service and functions should be ensured in a DLT environment, with a consolidated approach based on regulatory licences and conduct of business rules.
04/13/2021
The fake officer said her NI number had been cloned by a money laundering suspect in Wales, and the fraudster frightened Ms E into "clearing her name and preventing her bank accounts from being frozen" under anti-money laundering regulations.
04/13/2021
Bafin’s lax oversight let Wirecard's massive accounting fraud to go on for years
04/13/2021
The global system for financial crime is hugely expensive and largely ineffective
04/13/2021
The six people were charged with running the scheme via Germany’s North Channel Bank in 2014 and 2015, the prosecutor said.
04/13/2021
Police code-named it “Operation Broking bad,” an apparent play on the TV series “Breaking Bad”.
04/13/2021
The plan included the establishment of the UBO registry - an already existing obligation under the EU’s 4th anti-money laundering directive.
04/12/2021
In his letter to Barclays Cllr Marshall, the cabinet portfolio holder for economic regeneration, said the closure comes as the area is seeing business and residental growth.
04/12/2021
HSBC has issued another warning to Britons as many have reported being targeted by a vicious text scam within the past 48 hours.
04/12/2021
European Commission to drop objections to British membership of Lugano convention