Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

2 Comments

Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Specialist financial crime unit to crack down on prison gangs

A new specialist unit will identify and freeze bank accounts linked to organised crime behind bars, Justice Secretary David Gauke announced today (3 October). In the latest measure to tackle the criminal […]

UK Real Estate and the fight against Financial Crime

International Monetary Fund (IMF) research has estimated that the amount of money laundered, globally, in one year could be between 2 to 5% of global Gross Domestic Product (GDP), equivalent to $800 […]

Why Berlin is becoming Europe’s number one tech hub

Discover why startups are making the move from London and the UK to Europe’s thriving Silicon Allee. Young creators, entrepreneurs and founders are flocking to the German capital to be part of […]

Dutch bank ING settles money laundering probe

Dutch prosecutors on Tuesday said banking giant ING has paid 775 million euros to settle a criminal investigation over money laundering and corruption. “ING Bank NV in Amsterdam has accepted a settlement […]

FINANCIAL CRIME WAVE – STANDARD CHARTERED FACES SANCTIONS SCRUTINY, U.K. OWNERSHIP ONUS, AND MORE

Enforcement After years of reporting AML investigations by U.S., U.K, Standard Chartered could face more fines for Iran sanctions violations Standard Chartered Plc has already paid a painful penalty for secretly moving billions […]

Spanish company vows to defy U.S. sanctions, continue business with Iran

Esproenko International’s PR manager Carlos Toledo explained that the company had started working with Iran in 2013, “when sanctions on the Islamic Republic were imposed by all sides, namely, the European Union and the United States.” […]

British tech innovation on show at Technology in Government

A delegation of British technology companies will visit Australia next week for the Technology in Government conference in Canberra. The UK Department for International Trade will showcase 10 British companies and their […]

Spain’s Socialist government loses first major parliamentary vote

The Socialist government of Spanish prime minister Pedro Sánchez on Friday lost its first big vote since taking office, highlighting the difficulty the minority administration will have navigating Spain’s increasingly polarised political […]

TWO CRIMINAL GROUPS DISMANTLED FOR LAUNDERING EUR 2.5 MILLION THROUGH SMURFING AND CRYPTOCURRENCIES

Europol has supported the Spanish Guardia Civil and the National Police of Colombia in dismantling two criminal organisations involved in large-scale money laundering. It is estimated that the EUR 2.5 million have been […]

Growth in UK financial services weakens thanks to Brexit deadlock, survey finds

Growth in UK financial services has weakened with little sign of improvement on the horizon thanks to ongoing uncertainty around Brexitnegotiations and slow wage rises holding back the economy, a new survey suggests. […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST