01/12/2020
The FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
01/10/2020
The Regulations will extend the scope of the MLR so that additional types of firms will become subject to AML compliance requirements
01/10/2020
The FIL requires that within a five-year transitional period, existing FIEs shall reform their corporate governance structures
01/09/2020
MGL agreed to settle the DFSA's action at an early stage of the DFSA investigation and, therefore, qualified for a discount under the DFSA's policy for early settlement.
01/09/2020
Regardless of the jurisdiction, all art transactions carry risk.
01/09/2020
A report on how the power in Finance Act 2019, which enables regulations to implement Council Directive (EU) 2018/822, will be used in different EU Exit scenarios.
01/09/2020
The scandal led to an investigation by Switzerland's bank watchdog into Credit Suisse's conduct and criminal proceedings in Zurich which remain ongoing.
01/09/2020
The Bank continues to contest the claim vigorously while taking appropriate measures to defend its interests.
01/08/2020
Richard Diver was arrested in March and charged with fraud
01/08/2020
Recoverable grants are similar to a loan in that they allow donors to support organizations of their choice, have the grant returned to the donor and then allow the donor to regrant it to another organization.
01/08/2020
Since this January, moneyed inhabitants of the Bo region of Vesteralen pay less than half of the national wealth tax — 0.35% of their total holdings rather than 0.85%.
01/08/2020
Attempting to stop the movement of illicit funds across international borders is one of the new text’s priorities
01/07/2020
Khalid regularly drove around the luxury enclave in a 2016 Ferrari California (with a base price of roughly $200,000) sporting diplomatic license plates and a security detail.
01/07/2020
Interpol has since issued a Red Notice requesting his arrest, according to Japanese Justice Minister Masako Mori.
01/07/2020
The judgment concerns the recommendation made by directors to shareholders, and disclosure of information ahead of a shareholder vote approving the acquisition.
01/06/2020
The local council hopes to attract some of Norway’s ultra-wealthy at a time when falling oil prices mean that many in the rich, highly taxed nation are starting to tighten their belts.
01/06/2020
The lawyer Geert Lenssens says he brought the criminal complaint of behalf of his clients.
01/06/2020
Peebles argued that the employee should, through use of common sense, have been able to spot the risk of fraud in the transactions she was being asked to process.
01/06/2020
All trustees conducting trust business in Bermuda are required to be licensed by the Bermuda Monetary Authority
01/06/2020
He is represented by Jonathan Cohen QC and Alexander Robson from Littleton Chambers, instructed by Farrer & Co.