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 (DPA), would be the largest ever in Europe, after a year-long investigation into irregular payments by Airbus to intermediaries. The …
In my last blog I observed that the systems that banks use to find the funds of the terrorist groups are largely pointless, on the grounds first that terrorist funding takes place in the cash economy, second, that the funds needed for each outrage are small. But this doesn’t mean …
This is the first Blog of Nick Kochan. It comes on a day when some Islamic terrorists have driven a van into numerous people in Barcelona. Terrorist financing will be a recurrent theme of this Blog. But the limitation of this form of scrutiny must be understood. The financing of …
