03/17/2021
While it doesn’t reveal which of those assets were concealed from French tax authorities, judges could use the figure to calculate any fine if UBS’s own conviction is confirmed.
03/16/2021
These regulations require the firm to determine, conduct and demonstrate risk sensitive due diligence and ongoing monitoring of its relationships with its customers for the purposes of preventing money laundering.
03/16/2021
This report highlights key trends and developments in 2020 global merger control activity, and looks ahead at what to expect in 2021.
03/16/2021
SFDR can be summarised as follows: the regulation is intended to contribute to the higher goal of transitioning the EU to a low-carbon
03/16/2021
Dentons' combination with Guevara & Gutierrez would further strengthen Dentons’ position as the only pan-Latin American and the Caribbean law firm and would position Dentons as the only global law firm in Bolivia.
03/16/2021
We will be building on strong foundations.
03/16/2021
The EU's SFDR came into effect in March, raising the bar for financial products seeking to promote ESG credentials
03/15/2021
Investment in compliance, and particularly in AML/CTF programs, will be a significant competitive differentiator for VASPs.
03/15/2021
Whistle-Blower Says Credit Suisse Helped Clients Skip Taxes After Promising to Stop
A former bank employee contends that the Swiss bank continued to help American clients avoid taxes long after its 2014 plea deal with the U.S. government
03/15/2021
Millionaire beggar arrested; she owns luxury car, flat: Morocco Police
The woman would park her luxury car out of sight before begging for money.
03/15/2021
Hong Kong Cross-Border Wealth Scheme Delayed by Pandemic
Hong Kong Banks Ready for Greater Bay Area Dive
03/15/2021
The regulator has come down hard on Dolfin following a two-year probe into its financial crime controls.
03/12/2021
Rahn+Bodmer Enters into Deferred Prosecution Agreement for Criminal Misconduct; Agrees to Pay $22 Million
03/12/2021
FinCEN Warns Art and Antiquities Traders of New AML Measures
The new rules come just months after a congressional bill gave the Treasury Department a year to come up with regulations to help mitigate the threat of money laundering, crime and terror financing in the antiquities trade.
03/11/2021
The 2021 edition of the Tax Justice Network’s biennial Corporate Tax Haven Index sees OECD countries or their dependencies take up the top six spots on the ranking of the world’s greatest enablers of corporate tax abuse.
03/11/2021
The Wealth Management Connect will allow residents of Hong Kong, Macao and major Guangdong cities to invest across borders, subject to an individual quota of CNY 1 million.
03/11/2021
Swiss Parliament agrees modest tightening of anti-money laundering law
Swiss lawmakers have agreed to revise the money laundering law but have rejected new rules for lawyers, notaries and other consultants.
03/11/2021
From the growing focus on ESG to the heightened operational risks and cyber vulnerabilities for people working from home, 2020 has also highlighted the knock-on impact of one NFR to another.
03/11/2021
A spokesperson for the bank declined to comment. The Justice Department and IRS didn't immediately respond to a request for comment.
03/10/2021
Art businesses should not be fooled into thinking they can use "reliance" as a loophole, experts say.