Millionaire beggar arrested; she owns luxury car, flat: Morocco Police
The woman would park her luxury car out of sight before begging for money.
Legal
2107 articles found
Hong Kong Cross-Border Wealth Scheme Delayed by Pandemic
Hong Kong Banks Ready for Greater Bay Area Dive
Reliable Regulatory Compliance: AML and CTF
Investment in compliance, and particularly in AML/CTF programs, will be a significant competitive differentiator for VASPs.
FCA imposes ban on DFM after section 166 probe
The regulator has come down hard on Dolfin following a two-year probe into its financial crime controls.
Zurich’s Oldest Private Bank Admits To Helping U.S. Taxpayers Hide Offshore Accounts From IRS
Rahn+Bodmer Enters into Deferred Prosecution Agreement for Criminal Misconduct; Agrees to Pay $22 Million
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.
Tax haven ranking shows countries setting global tax rules do most to help firms bend them
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.
Travel Restrictions Holding Up Wealth Management Connect
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.
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.
Taking control: How to get on top of non-financial risks
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.
Credit Suisse tax whistle-blowers urge US to punish bank
A spokesperson for the bank declined to comment. The Justice Department and IRS didn't immediately respond to a request for comment.
UK Art Dealers Are Exploiting a Loophole to Avoid New Money-Laundering Regulations. Compliance Experts Say It Will Backfire
Art businesses should not be fooled into thinking they can use "reliance" as a loophole, experts say.