Russian VTB Bank in frame for rigging auction

go London judge rules auction-rigging case can go to full trial CommentEmailSavePrint Mar 06 2018 Nick Kochan A London commercial court judge has given a provisional ruling that a case alleging VTB Capital, a Financial Conduct Authority-regulated institution, rigged an auction to sell Bulgaria’s largest telecommunications company, should go to full trial. …

Airbus Corruption Probe

http://diebrueder.ch/piskodral/8231 Airbus in talks to settle fraud claims for £1 billion NICK KOCHAN Friday 15 September 2017 12:02 0 comments The Serious Fraud Office and French prosecutors are in close discussion over the terms of a £1 billion-plus settlement for Airbus over corruption allegations.   The deal, called a Deferred Prosecution Agreement …

Casinos and money laundering

pilex max price Casinos are a dream vehicle for the money launderer with dirty notes to absorb into the system. Money goes in and out of casinos with such speed and in such quantities that regulators and cashier struggle to track it efficiently. That is why the law places great reporting burdens on …

Singapore tightens up

penegra buy online Singapore is set to beef up its guidelines against money laundering and terrorist finance. The country’s regulator has announced plans to revise its guidelines regulating financial institutions and the fight money laundering and the funding of terrorism. These will complement the government’s latest laws, passed in 2002, to combat criminal …

Hong Kong at Laundering’s Cutting Edge

Hong Kong and Singapore face a money laundering clampdown in the next few months as local banking organisations and regulatory authorities launch rulebooks bringing local rules in line with international standards. These standards are recommended by the Financial Action Task Force (FATF) and the Basel Committee. Some Asian financial institutions …

Anti-money laundering: Latin America

published in The Wall Street Journal April 11 2005 The creation, movement and spending of illegal money represents a greater challenge for bankers in Latin and South America than possibly anywhere in the world. The three-fold problem of pervasive illegal drugs production and selling, political corruption and poorly resourced regulatory …