03/29/2018
The Treasury Select Committee said it will investigate the scale of money laundering in Britain following claims the UK – in particular the London property market – has become the “destination of choice” to launder money.
03/29/2018
Franklin Templeton, Kames and HSBC among funds yet to back greater disclosure initiative
03/29/2018
If it were right, the sophisticated criminal would be astute to apply the proceeds of his criminality
03/29/2018
The Committee is now welcoming written evidence. Witnesses for oral evidence sessions will be announced in due course.
03/29/2018
The week generated some common themes:
03/28/2018
Latvia has also moved to ban shell companies - entities often used in money laundering.
03/28/2018
Minimum contributions will increase again from 6 April 2019, to 5% for employees and 3% for employers.
03/28/2018
GDPR to take effect on 25 May
03/28/2018
The trouble is that truth and accuracy are often at odds with optics.
03/28/2018
The UK government is to publish legislation to introduce the world’s first public register of beneficial ownership register of overseas companies and other bodies that own UK property or participate in UK government procurement.
03/28/2018
TruFin plc is the holding company of an operating group comprising three growth-focused businesses in FinTech and banking
03/28/2018
Following this authorization, UBA is now the only Sub-Saharan African bank to conduct banking activities in New York and London
03/28/2018
The oligarch was served with an “unexplained wealth order”, under the new Act.
03/28/2018
Lloyds Banking Group was today ordered to pay its former chief executive £1.35m in shares after he won a legal battle against the company.
03/27/2018
Aberdeen Standard Investments behind Provident Financial lawsuit: source
Provident had almost 2 billion pounds ($2.8 billion) wiped off its market value last August
03/27/2018
SQN debt fund hopes to win back investors with £40m cash
Problems at two of its investments – US solar cell manufacturer Suniva, which went bankrupt; and Snoozebox, the maker of modular accommodation, which was forced into administration – further punished the shares which earlier this month slid to
03/27/2018
‘Clock is ticking’ for pay gap disclosure
Employers that fail to meet the deadline to disclose their gender pay gap could wind up in court, the Equality and Human Rights Commission has warned.
03/27/2018
Germany Seeks Tighter Facebook Controls After `Intolerable' Leak
“The promises are not enough”
03/27/2018
European Banks Add £135M1 on Market Invoice Platform
Banco BNI Europa adds £90m and Varengold Bank AG £45m to provide more funding for UK businesses annually
03/27/2018
The decision comes following protracted proceedings, an appeal and an eventual trial which took place over 22 days and concluded in October 2017.