CONTACT US

For any general inquiries, please fill in the following contact form:

Our websites never use cookies or other technologies such as pixel tags and web beacons. We only retain personal information when the contact section of our websites is filled. To proceed and get in touch with us through this format please read our Terms & Conditions, updated to be in line with the provisions of the GDPR, and tick this box to consent in us retaining the above information for contacting purposes only.

SUBMIT

Money Laundering

South African central bank fines HSBC for lax money laundering controls

South African central bank fines HSBC for lax money laundering controls
Nov 9 (Reuters) - South Africa’s central bank on Friday fined HSBC’s local business 15 million rand ($1.1 million) for weaknesses in its processes meant to detect money laundering and terrorism financing, and ordered the bank to fix the problems. The ...

Malta's Pilatus Bank has European licence withdrawn

Malta's Pilatus Bank has European licence withdrawn
Bank had been accused by murdered journalist Daphne Caruana Galizia of processing corrupt payments.A Maltese bank at the heart of a money-laundering investigation has had its licence withdrawn by the European Central Bank.Pilatus Bank, which opened four ...

Capital One Bank fined $100 million for anti-money laundering weaknesses

Capital One Bank fined $100 million for anti-money laundering weaknesses
WASHINGTON (Reuters) - A leading bank regulator on Tuesday fined Capital One Bank [COFCO.UL] $100 million for failing to enforce anti-money laundering controls that have been in place for years.Capital One failed to satisfy a 2015 consent order that demanded ...

Europe’s biggest banks fined for money laundering

Europe’s biggest banks fined for money laundering
All five of the UK’s largest banks have been sanctioned for money laundering offences within the last decade.Almost all of Europe’s biggest banks have been sanctioned for money laundering offences over the past decade, according to new research by anti-money ...

UBS tax fraud trial opens in Paris

UBS tax fraud trial opens in Paris
A sweeping investigation into UBS bank, accused of tax fraud and money laundering, comes to trial in Paris today. The bank risks a fine of up to €5 billion (CHF5.7 billion). The trial is set to begin on Monday after years of investigations into the Swiss ...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA