This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Financial Crime

Insight View More

Hayes' fight over Libor-rigging conviction lands at UK Supreme Court March 24, 2025 | Phoebe Seers and Martin Coyle

Former trader Tom Hayes, convicted of rigging the benchmark Libor interest rate a decade ago, sees his long fight to clear his name arrive at the UK’s highest court tomorrow. The former UBS and Citibank trader... (more story)

Tornado Cash delisting follows US Fifth Circuit decision limiting sanctions' reach March 21, 2025 | Samuel Rubenfeld

The removal of Tornado Cash from the US sanctions list follows a US appellate court decision last year that had limited the reach of the measures targeting the cryptocurrency-transaction anonymizing service. T... (more story)

Former Cognizant executive’s new lawyers seek ‘reasonable’ delay of US trial March 20, 2025 | Samuel Rubenfeld

A former executive of Cognizant Technology Solutions facing corruption charges has hired new lawyers, who asked for a “reasonable” adjournment of his trial scheduled to begin early next month. The executive's ... (more story)

UK, Swiss, French crime agencies club together to shore up foreign bribery fight March 20, 2025 | Martin Coyle and Samuel Rubenfeld

UK fraud investigators are to team up with Swiss and French counterparts to create an anti-bribery taskforce in the wake of US moves under President Donald Trump to dampen foreign bribery enforcement. The Seri... (more story)

Give UK prosecutors more AI to solve disclosure problem, Fisher report says March 20, 2025 | Martin Coyle

UK prosecutors such as the Serious Fraud Office should be allowed greater use of advanced technology, including artificial intelligence, in a bid to reduce the huge disclosure burdens they face in criminal cas... (more story)

UK audit firms to see regulator consult on review of enforcement processes March 20, 2025 | Phoebe Seers

The UK’s audit watchdog is reviewing its enforcement processes and will consult on amendments that could span from the initial case assessment through to the publication of outcomes. The Financial Reporting Co... (more story)

Global Forestry Investment fraudsters see UK Supreme Court bid rejected March 20, 2025 | Martin Coyle

Two men convicted of running a fraudulent investment scheme promoting teak plantations in Brazil today lost their bids to take appeals for both their sentences and convictions to the UK’s top court. Judges at ... (more story)

Herbert Smith fined in UK for Moscow unit's Russia sanction breaches March 20, 2025 | Martin Coyle

The Russian unit of UK law firm Herbert Smith Freehills has been fined 465,000 pounds by the UK government for breaches of sanctions rules imposed following Russia’s invasion of Ukraine. The law firm’s London ... (more story)

Comment View More

European bribery enforcers' tie-up signals resolve despite US retreat March 21, 2025 | Martin Coyle and Samuel Rubenfeld

News that Europe’s top foreign-bribery prosecutors will band together and collaborate more closely will inevitably be seen as a response to a US retreat from enforcement, even though they say it has been years... (more story)

Canada accelerates timeline for anti-money laundering regulatory changes March 17, 2025 | Samuel Rubenfeld

The Canadian government has moved up its timeline for changes to its anti-money laundering regulatory regime, bringing them into force on April 1 – six months earlier than originally proposed. Companies subjec... (more story)

US cybersecurity defenders alert to Russian threat as government downsizes March 10, 2025 | Madeline Hughes and Maria Dinzeo

US cybersecurity defenders in the private sector remain on alert for Russian threats even as the federal workforce has been hit with staff reductions and reports indicate national agencies may be softening on the issue.

Entain's legal challenges make it tough to leave Turkish bribery case behind March 07, 2025 | Martin Coyle

Entain this week took a step toward banishing the memory of a blockbuster settlement with UK authorities over a bribery scandal at a Turkish online gaming business it used to own. But the gambling operator — w... (more story)

Trial dates begin to slip amid enforcement reviews of US bribery cases March 05, 2025 | Samuel Rubenfeld

The day before jury selection was scheduled to begin in the corruption trial of two Cognizant Technology Solutions executives charged with authorizing bribes to Indian officials, New Jersey’s top federal prose... (more story)

Trump attacks phantom ‘economic menace’ of beneficial ownership reporting rule March 03, 2025 | Samuel Rubenfeld

With a Sunday night bombshell, the Trump administration announced it's abandoning enforcement of an anti-money laundering law years in the making. The Corporate Transparency Act was hailed by anti-corruption c... (more story)

UK government should articulate risk tolerance, former City Minister says February 28, 2025 | Phoebe Seers and Sofia Gerace

John Glen, the UK's former City Minister, has come to the defense of regulators and businesses, arguing that the government and consumers need to bear more responsibility. The government should articulate how ... (more story)

UK financial regulator's ‘name and shame’ plan faces uphill battle despite changes February 14, 2025 | Phoebe Seers

The UK financial services watchdog faces having to make a decision shortly on its unpopular “name and shame” initiative, with a consultation on amendments ending next week. While changes to the Financial Condu... (more story)