The latest probe delves into whether an Adani entity was involved in making payments to Indian officials for favourable outcomes on an energy project.
March 18, 2024The guidance explains requirements to obtain adequate, accurate and up-to-date UBO information for express trusts and similar legal arrangements.
March 12, 2024COSMIC, launching in May, requires banks to implement a number of safeguards to protect legitimate customers from having their information shared.
March 12, 2024The actions, including charges against the CEO of Russia's VTB Bank, were unveiled just ahead of the two-year anniversary of the war in Ukraine.
February 23, 2024The case involves a total of about HK$14 billion of suspected crime proceeds. HK$185 million in assets has so far been frozen or seized.
February 19, 2024Art market participants should have the ability to conduct regular due diligence checks and identify any change in a client’s circumstances or suspicious activity.
January 29, 2024The new rules will help address information asymmetries, misleading information, and conflicts of interest in SPAC and de-SPAC transactions.
January 25, 2024Hong Kong companies traded synthetic diamonds with a company in India but declared them as natural diamonds as a way to launder money.
December 29, 2023Former FBI agent Charles McGonigal conspired to violate US sanctions and commit money laundering to help sanctioned Russian oligarch Oleg Deripaska.
December 18, 2023The report proposes mitigation measures to address the risks and vulnerabilities associated with investment migration programmes.
November 23, 2023