Financial Crime

A seismic testing company that's the first to have breached the terms of a UK plea deal was granted a few more weeks to pay its £2 million bill on Thursday, but the UK fraud agency has made it clear that it is impatient an...(read more)

Following a government report last week on banks’ denial of services to politically conservative clients, US regulators are investigating rule compliance among the banks in the report and are considering rules to protect f...(read more)

President Donald Trump continued easing policy toward Russia, signing a waiver that dials back sanctions and tariff pressure contained in a law he signed in September.  Trump issued an executive order late Friday that waiv...(read more)

When Bank of America designed and implemented a transaction monitoring system in 2010, the bank had described the program as the first of its kind in the industry, according to documents released Tuesday by the US Treasury...(read more)

Government backing for calls by the UK's Serious Fraud Office to boost its enforcement capabilities by paying whistleblowers is a timely fillip for an enforcer looking to improve its reputation. But there is a long way to ...(read more)

When investigating a company, prosecutors in the new Fraud Division should follow broader US Justice Department policies concerning corporate enforcement, according to a new policy memo. The memo is “the DOJ’s most detaile...(read more)

Two of Huawei Technologies' largest international banks kept the company on as a client after it denied media reports linking the Chinese telecommunications equipment giant to sales of surveillance equipment in Iran, senio...(read more)

A Kremlin-backed financial technology company uses hundreds of “sub-agents” that let the firm access the global financial system without a Russian or other sanctioned customer appearing in the payment chain, according to t...(read more)