The chair of the US Securities and Exchange Commission has said his country is the only one tackling bribery and corruption.
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Banking & Finance
How an 18th Century Tax Law Still Catches People Out
Taxation in the England and Wales is regulated entirely by statute.
EY Aided the Laundering of Drug Money, But Who’s Really to Blame?
A recent investigation by the BBC and Premières Lignes has uncovered that one of Britain’s biggest accountancy…
Two in five small business owners (40%) say they are taking legal action against customers not paying them on time and many bosses are foregoing their own salary in order to ensure their employees get paid on time.
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Are Law Firms Failing to Mitigate Increasingly Sophisticated AML Practices?
If businesses have learnt anything from the past few years, it’s that knowing who you are working with is key to…
The Fifth Money Laundering Directive and Legal Compliance
10 January 2020 is a date that the business world cannot afford to ignore. It is the date the Fifth Anti-Money…
In July 2019, the High Court of England and Wales gave judgment in the case of Ministry of Defence and Support for Armed Forces of the Islamic Republic of Iran (“MODSAF”) v. International Military Services Limited (“IMS”).
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Increased Sentences for Money Laundering, But How Is It Being Tackled?
The increasing average length of sentences given to convicted money launderers in the UK over the past decade makes…
Unexplained Wealth Orders: Guilty Until Proven Innocent?
Following the news that Zamira Hajiyeva, who is currently fighting the UK's first Unexplained Wealth Order (UWO), …