Topic: Money laundering

FCA fines HSBC over AML failings

The UK’s financial regulator has fined UK bank HSBC £63.9 million after it found serious weaknesses in the bank’s transaction monitoring systems.

17 December 2021

Randall Warden

Featured in Meet the Foreign Corrupt Practices Act Unit prosecutors

16 December 2021

Q&A with former DOJ prosecutor Sujit Raman

Former senior DOJ prosecutor Sujit Raman, now at Sidley Austin in Washington, DC, spoke to GIR about the increasing national security dimension to US corporate crime enforcement and the impact of emerging technology on white-collar investigations.

16 December 2021

Swiss court convicts private bank over laundered 1MDB funds

Switzerland’s federal criminal court has ordered Falcon Bank to pay $11.6 million after the private lender processed funds stolen from Malaysian development fund 1MDB.

15 December 2021

Swiss prosecutors drop money laundering case into ex-Spanish king

13 December 2021

UK orders NatWest to pay £270 million over AML failures

NatWest plans to spend an additional £1 billion on financial crime compliance over the next five years after pleading guilty in the UK to anti-money laundering charges.

13 December 2021

Ecuadorian company seeks restitution in US bribery case

An investment services company asked a Miami federal judge to award it restitution after a former employee admitted to participating in an Ecuadorian corruption scheme.

13 December 2021

Gambling Commission reports record enforcement year

10 December 2021

DOJ to appeal adverse FCPA jurisdictional ruling

US prosecutors said they will ask the Fifth Circuit to review whether they have jurisdiction to prosecute a Swiss asset manager accused of participating in a foreign bribery scheme.

08 December 2021

FinCEN proposes new beneficial ownership reporting requirements

08 December 2021

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