For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Crime
Editor's Picks
-
Speed of reporting is decisive in UK SFO guidance on avoiding prosecution
The speed with which a company self-reports criminal wrongdoing to the UK’s Serious Fraud Office has emerged as the decisive factor, in guidance published today on ... (more story)
-
Biggest check on Trump's urge to fire Fed's Powell likely to be US markets
As US President Donald Trump tries to expand control of the government by ousting Democrats at independent agencies, he now may be considering termination of the mo... (more story)
-
US CFPB's 2024 credit-card late fee rule illegal, US judge rules
A Texas federal court vacated a 2024 US Consumer Financial Protection Bureau rule capping credit-card late fees at $8, handing a victory to banking and business gro... (more story)
Insight View More
A Pennsylvania coal sales executive’s bribery case isn’t ready for trial, his defense lawyers said today. The case was cleared to proceed following a US Justice Department review in line with a pause on Foreig... (more story)
Units of Dutch conglomerate Damen are set to be charged with bribery, sanctions evasion, fraud and money laundering, prosecutors in the Netherlands said today. Damen Shipyards has been under investigation by t... (more story)
A Costa Rican businessman pleaded guilty in US federal court to his role in a bribery scheme involving Ecuadorian state-owned insurers. He faces a maximum of 10 years in prison and agreed to forfeit nearly $2.... (more story)
The speed with which a company self-reports criminal wrongdoing to the UK’s Serious Fraud Office has emerged as the decisive factor, in guidance published today on avoiding a criminal prosecution. But the SFO ... (more story)
The UK’s Serious Fraud Office is set to announce a major change to its guidance, which will see companies escape prosecution for serious wrongdoing if they self-report it. Under guidance to be published on Thu... (more story)
A former chair of the Philippines electoral commission, charged in the US with laundering bribes he allegedly received from a Florida voting machine company, is fighting his extradition from Canada, according ... (more story)
A Costa Rican businessman is set to change his plea in a US corruption case involving Ecuadorian state-owned insurers.
United Insurance Brokers Limited has been charged with failing to prevent bribery by the UK’s Serious Fraud Office over allegations involving business in Ecuador. The company is the latest re-insurer to face a... (more story)
Comment View More
A former Smartmatic executive’s early cooperation with US authorities gave the government new leads as they investigated a bribery scheme involving the voting machine company’s efforts to secure contracts in t... (more story)
As the US Justice Department steps back from criminal enforcement of regulatory violations by the cryptocurrency industry, judges are starting to weigh whether the change could affect ongoing cases.
A new rule from the Trump administration doesn’t appear to mollify the small businesses and trade associations challenging an anti-money laundering law that the regulation was written to soften. According to c... (more story)
Major UK lender Lloyds Bank has endured broad criticism for its handling of a major episode of fraud at HBOS — despite it occurring before Lloyds bought the struggling rival bank in 2008. But it continues to f... (more story)
Serious Fraud Office head Nick Ephgrave was in a strident mood yesterday as he set out the UK enforcer’s goals for the coming year, pointing to plans to drive up self-reporting and pledging to fill gaps left b... (more story)
An executive order from President Donald Trump pausing enforcement of the Foreign Corrupt Practices Act is set to end a legal saga for two former executives of Cognizant Technology Solutions who were due to fa... (more story)
After a series of victories for the payments industry in its fight for a less constrictive regulatory regime, attention is now likely to turn to an often-overlooked provision in the UK’s fraud-reimbursement ru... (more story)
Concerns that a move to abolish the UK’s dedicated payments regulator could result in less focus on payments are “absolutely reasonable,” a senior official from that regulator has said. “If we don’t think abou... (more story)