10/27/2023
The administration and management of Jersey investment structures can be complex and requires service providers to be aware of the regulatory requirements and exemptions that they may face when providing relevant services in respect of such structures.
04/29/2022
Premier Andrew Fahie was detained in Miami by US agents posing as cocaine traffickers from a Mexican drug cartel.
04/29/2022
But unfortunately, the reality is that the sports industry can be an attractive target for criminal activity, including money laundering.
04/29/2022
One of the industries with the biggest risk of money laundering is casinos.
04/29/2022
The report draws evidence from a global mystery shopping exercise based on thousands of solicitations for shell companies, as well as marketing information from shell company providers, and journalistic and policy research on the topic.
03/31/2022
Guernsey has a democratic assembly known as the States of Guernsey; Alderney and Sark have their own parliaments.
03/04/2022
The Tax Justice Network has in response published a briefing detailing 10 transparency measures
02/24/2022
The rationale for the application of certain current scope exemptions, which mean certain businesses do not have to comply with the anti-money laundering framework, was also identified by the MONEYVAL Report as a cause for concern.
02/17/2022
Contrary to what many had expected, however, FinCEN concluded that there is limited evidence of money laundering and little risk of terror financing through the sale of high value art.
02/08/2022
Regulations prohibits the establishment of securitisation special purpose entities (SSPEs) in countries listed on the EU AML blacklist
01/25/2022
The guidance contains a timely reminder that a SAR is a living document.
01/21/2022
The inclusion of the Cayman Islands on the EU AML List would impact a small subset of securitisation vehicles but otherwise has no direct consequences for investors or clients using Cayman Islands structures.
01/20/2022
VTSPL did not implement adequate procedures to determine if trust relevant parties presented a higher risk for money laundering (ML) or terrorism financing (TF).
01/06/2022
Mishcon de Reya agrees to pay fine of £232,500 after investigation by Solicitors Regulation Authority
01/04/2022
Finance watchdog expected to make its decision early this year
01/03/2022
The three New York banks are believed to have functioned as correspondent banks “for some of the Ananyev brothers’ fraudulent transfers”
12/17/2021
HSBC did not dispute the FCA’s findings and agreed to settle at the earliest possible opportunity
12/12/2021
Two Zarrab defense attorneys — one of whom has allowed Zarrab to use his car and credit card — said their client is living up to his plea deal and “all material aspects” of his activities are known to the government.
12/10/2021
Learners are guided every step of the way through two interactive training modules, case studies and a final assessment.
12/08/2021
Fifteen federal agencies worked together to develop the Strategy in coordination with the White House.