Business news

The year in business: A review of 2017

The year 2017 saw a burst of optimism among American investors and consumers, despite the turmoil sparked by President Trump’s first year in office. The President strode from one political storm to […]

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Financial crimes

Plan to crack down on £90bn City money laundering

As much as £90bn of criminal money is laundered through the UK each year, according to the National Crime Agency. The test for the government’s updated anti-corruption strategy, published on Monday, will […]

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Uncategorized / Сryptocurrencies

Hackers steal $64 million from cryptocurrency firm NiceHash

(Reuters) – A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its payment system, the latest incident to highlight risks that uneven […]

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Uncategorized

Financial Crime Compliance: Current Global State of Play

Banks today are responsible for preventing a host of financial crimes from infiltrating their ecosystems. Some of these crimes, such as money laundering and sanctions violation, are highly visible, with high potential […]

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Business news

UK’s top supplier of supermarket chicken fiddles food safety dates

The largest supplier of chicken to UK supermarkets has been tampering with food safety records in moves that could dupe consumers into buying meat past its use-by date. An investigation by the […]

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Financial crimes

Cyber crime: The next systemic risk

For the second time in a little under two months, an audacious hack of major institutions spanning vast geographies was executed by cyber criminals. Companies operating in around 64 markets were breached […]

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Business news

2017’s top business stories

The rich got richer and the poor piled on more debt as shockwaves from the Brexit vote continued to reverberate in 2017. Billionaire George Soros dismissed Donald Trump as a “con-man”, while Britain’s biggest chicken supplier […]

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Financial crimes

Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force

The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. Today, the Fourth Anti-Money Laundering Directive enters into force. It strengthens the existing […]

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Financial crimes

Financial institutions say biggest threat of financial crime stems from cyberspace

Banking and investment management professionals think that the biggest threat of financial crime now stems from cyberspace, according to new research. A survey of nearly 200 senior professionals working in retail banks, investment banks and […]

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Financial crimes

Legacy banks don’t have the IT to fight financial crime

Amid increased security breaches and financial crime at incumbent banks, security has become a paramount concern for these organizations. However, it’s rapidly becoming clear that banks won’t be able to shore up their defenses until they […]

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Business news / Financial crimes

Danske Bank mired in money laundering scandal

Danske Bank is headquartered in Copenhagen, Denmark. Founded in 1871, it is currently embroiled in the Nordic region’s biggest money laundering scandal. The Bank got distress signals from its branch operations in […]

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Uncategorized

Why we need to talk about financial crime

When many people think of financial crime, they frequently situs judi slot sering menang think of it as a crime with no real victim or cost. Perhaps insider dealing or fraudulently making […]

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Expert opinion / Financial crimes / Сryptocurrencies

Crypto Scam: Formula One Team Sponsorer Vanishes After Lying for a Year

Financial.org, an unregulated situs judi slot terbaik dan terpercaya no 1 di dunia financial advisory firm, shut down operations. The British firm blocked and converted users funds to a cryptocurrency, FOIN. It […]

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Uncategorized

UK financial sector unites for Financial Sector Cyber Collaboration Centre

A number of large UK banks, securities exchanges and insurance firms are coming situs judi slot together to launch a new body to fight cybercrime, Financial Sector Cyber Collaboration Centre. It will […]

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