How Financial Services Companies Can Protect Themselves Against Financial Crime
Webinar produced by GRC World Forums in association with Exterro
58 arrested in Europe over alleged money laundering, fraud and drug trafficking
Tax police in Italy have announced the arrest of 58 individuals suspected of money laundering, fraud and drug trade activities, allegedly supported by illicit currency brokers from China.
Meet the expert: Baiba Zvejniece to speak at #RISK Amsterdam
We are delighted to announce that compliance leader, Baiba Zvejniece is to speak at #RISK Amsterdam.
FinCrime Update: The Complex Web of Financial Crime in 2023
This session will bring together financial crime experts to provide an overview of the FinCrime landscape in 2023.
Collaboration central to new UK bill designed to fight financial crime
In its bid to become a global fintech centre and financial services leader, the UK has inadvertently made itself a larger target for the financial criminals, experts argue.
5 Takeaways From the Basel AML Index 2022: ‘Depressingly Little’ Progress, But Some Grounds for Optimism
The Basel Institute on Governance released its 11th annual Basel AML Index on Tuesday, and the report presents a mixed picture of global attempts to tackle money laundering.
Gambling Firms’ Inadequate Systems and Processes Lead to £17m Money-Laundering Settlement
Gambling business Entain Group reached a £17m settlement with the Gambling Commission on Wednesday after an investigation found numerous failings around social responsibility and anti-money laundering (AML) compliance.
Law Firm Fines Quadrupled Over Two Years, Mostly Due to Money-Laundering Compliance Failings
Data from the Solicitors Regulatory Authority (SRA) shows a substantial increase in the number and amount of fines issued to law firms. A look at the data reveals the main cause of the increase: law firms are failing to meet their obligations to detect and prevent money laundering.
Emerging Threats Within Bribery, Corruption, & AML
Even with strategies and processes designed at mitigating bribery and corruption, these threats appear to be continuously emerging as individuals throughout the organization can and will find ways to sneak past these safeguards and utilize resources for their own personal gain.
The Crackdown on the Illicit-Finances Aiding Oligarchs
The United States Department of Treasury has outlined actions it plans to take to address illicit finance, saying Russia’s invasion of Ukraine had underscored the need to close regulatory loopholes and step up the fight against related financial crime and transnational corruption.
