Financial Crime

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... (more story)

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 i... (more story)

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, a... (more story)

Football club Manchester City faces a fight ahead to avoid punishment from its league operator and legal action from other clubs over findings of “sham payments” that bumped up its finances by almost £1 billio... (more story)

A US move to leave the key European corruption monitoring group GRECO has alarmed officials over the possible impact on the organization itself, including through a big hit to its coffers. But the wider implic... (more story)

The UK’s growing money-laundering problems are to be confronted by an apparently ambitious new government plan outlined this week, even if questions remain on how the results will be quantified and whether the... (more story)

Corporate decision-making and management of telecommunications giant Huawei Technologies was centralized in China, several former employees testified at the company’s high-profile US trial in New York federal ... (more story)

The confirmation of a lifetime ban for disgraced high-profile asset manager Crispin Odey this week has provided a prime example of the kind of non-financial misconduct new regulations for the UK financial serv... (more story)