Failure to prevent fraud, false accounting, and money laundering will become new corporate criminal offences in the UK.
January 31, 2023Bithumb offices were raided last week. The crypto exchange is not accused of misconduct, though it is under a separate probe for possible tax evasion.
January 31, 2023Tax authorities raided Bithumb's headquarters in Seoul on Tuesday. Two of its former chairmen have also been the subject of separate probes.
January 12, 2023Despite guidance issued by the FATF over the years, effective implementation of beneficial ownership requirements is still a challenge for many countries, says the IMF's Bo Li.
October 19, 2022Twenty defendants have been arrested on suspicion of illegal business activity and money laundering using the e-CNY.
September 30, 2022Super funds are exposed to cyber crime, as well as AML risks resulting from the growth in merger activity across the sector.
September 28, 2022Most remittance dealers and remittance network providers did not submit any SMRs in the reporting period assessed by AUSTRAC.
September 28, 2022Personal income tax evasion was the most common suspected offence, linked to 52% of SMRs, though the associated values were low.
September 27, 2022Around 200 chartered accountants are subject to a probe involving shell companies established in India by Chinese firms.
September 27, 2022Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.
September 17, 2022