• wblogo
  • wblogo
  • wblogo

Comment and Analysis

articleimage

Anti-Money Laundering

Danske Bank scandal – where did the money flow?

Money laundering does not recognise borders. At least ten banks were involved in the €200 billion Danske Bank scandal, many of them from European countries. Danske Bank in Estonia and Danske Bank in Denmark mere...

articleimage

Advice

ASIC receives drubbing in Westpac advice case

Australia's Federal Court has supported the Australian Securities and Investments Commission's argument that Westpac's sales practices contravened s912A(1)(a) Corporations Act, which the national financial regul...

articleimage

Client Reporting

Qatar's forthcoming investor protection rules at-a-glance

The Qatar Financial Centre Regulatory Authority's Conduct of Business Rulebook (COND) has remained largely unchanged since 2007, but the regulator is now planning to replace it with new rules that, it hopes, wil...

articleimage

Anti-Money Laundering

UK SARs surge by one-tenth in one year

The National Crime Agency's Suspicious Activity Reports Annual Report shows that the UK Financial Intelligence Unit processed a record number of 463,938 suspicious activity reports in 2018, 22,619 of which were ...

Latest News

articleimage

Anti-Money Laundering

Software vendor goes into financial crime consultancy

NICE Actimize, the compliance and anti-money-laundering software vendor, has announced the inauguration of its consulting and advisory division, eCAP, which will operate throughout the world. ...

articleimage

Fines and Punishment

OFAC sanctions more Venezuelans and their holdings

The US Department of the Treasury’s Office of Foreign Assets Control has imposed sanctions on the money and property of Venezuelan individuals and companies whom it believes to be involved in a corrupt US$2.4 bi...

articleimage

Fines and Punishment

FINRA-regulated ex-broker banned for keeping quiet

The US Financial Regulatory Authority, which the Securities and Exchange Commission oversees, has banned ex-broker Todd Levine, formerly of Morgan Stanley, from the sector of finance that it regulates for failin...