PwC’s Global Economic Crime and Fraud Survey 2022
Protecting the perimeter: The rise of external fraud
Legal
2111 articles found
EU Considers Blacklisting UAE After ‘Dubai Uncovered’ Leaks
“It is clear that the United Arab Emirates facilitates money laundering at a grand scale. This is highly damaging to the EU and cannot be tolerated.”
New principles for charitable trustees exercising their powers of investment
The case was brought by the trustees of two charities – the Ashden Trust and the Mark Leonard Trust – whose principal purposes are environmental protection and improvement and the relief of poverty.
US tops financial secrecy ranking as G7 countries upend global progress on transparency
The G7 countries’ undermining of global transparency has further fuelled calls by leading economists for a UN tax convention
CHF 4bn IAM receives Finma licence and looks for new WMs
The company added that it is well positioned to play an active role in the industry’s consolidation.
UBS Data Thief Headed for Prison
In 2020, the verdict was upheld by an appeals court, and was again by the Swiss Federal Court, dismissing an argument that the lower appeals court did not correctly conduct the proceedings.
Swiss Government Unblocks Some Russian Assets
Since April 7, 2.2 billion francs had been newly reported while 3.4 billion francs blocked as a precaution, have been released.
Ex-UBS banker loses appeal over selling client data to Germany
It dismissed his argument that the lower court had conducted proceedings in an inadmissible manner.
The Italian VAT regime on the Leasing and Chartering of Pleasure Vessels
The new amendments have been acted to address objections from the European Commission
‘Ghost dom’ tax loophole hampering efforts to stop sanctioned Russian money flowing into UK
One official working on British sanctions policy told The Independent that the UK’s tax system, and specifically “ghost doms” and non-doms, “severely limited” their ability to track and trace individuals’ income streams
Pandora Papers shed light on ‘gatekeepers’ of dirty money
MONEYVAL rebuked governments across Europe for failing to combat money laundering or police lawyers, accountants and other professionals who facilitate financial crime.