Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Financial Crime UK
Duo jailed over £22m pension fraud that robbed victims of a future
Rikki Nicholls, 57, and Mark Kelly, 51, devised an elaborate scheme to persuade hundreds of workers to transfer their savings and then use the money for their own financial gain.The victims lost between £10,000 and £200,000.A court heard…
FCA fines broker £2m over money laundering failures
"TJM got involved in an obviously suspicious pattern of circular transactions that looked like shams."
It is the third case brought by the FCA involving cum-ex trading and the largest fine to date, which it says reflects the…
Crypto compliance startup TRM Labs partners with financial firms
This year
volatility…
‘I was clearly smeared’: Britain’s new finance minister defends himself on tax…
In his defence, the UK's new finance minister, Nadhim Zahawi, said he was "clearly smeared" after reports blamed him for his tax affairs. A news report recently claimed that investigating authorities were probing his tax…
Revolut faces its moment of truth as fintech bubble threatens to burst
For a company that likes to reward success, Revolut's day-to-day work culture is fast-paced and demanding, typical of many ambitious startups. A neon sign in its Canary Wharf headquarters reads "Get S--t Done".
His leadership has been…
Live News: US to send $400m worth of military equipment to Ukraine
© SPOUTNIK/AFP via Getty Images
Vladimir Putin has warned of "catastrophic consequences" for global energy markets, with European nations most at risk, if Western countries impose new…
Financial Crime and Fraud Management Solutions Market size by product type, by application, by…
This market report is full of detailed analyzes derived from extensive research, especially on issues relating to market size, development environment, futuristic developments, operating situation, ways and This trend. This all…
British politicians are sounding the alarm over Chinese CCTV providers
Dozens of MPs and peers from across the political spectrum have called on Boris Johnson to ban, on ethical grounds, the sale and use of surveillance equipment in the UK from two Chinese companies, Hikvision and Dahua.The 67…
Why the Met Police keep failing
Much has been made of the decision to place the Metropolitan Police in what is often called special measures, where they join five other forces from England and Wales. The many ways the Met failed were also widely publicized, from the…
Department rejects ‘dirty money’ suggestions made in UK inquiry
The Home Office has hit back at suggestions that Malta's passport system may be accepting money from "suspicious people" in Asia to make up for lost business from Russia.
A former UK government adviser has raised concerns about the scheme…
Live Updates: GE CEO Culp takes charge of aerospace business ahead of three-way split
It seems like the time has come for central bankers to come together and think about ways to get their economies out of a global inflationary crisis. So thank goodness the European Central Bank's Annual Forum on Central Banking, a…
Lawmakers ask the FTC to probe Apple and Google
A group of Democratic lawmakers want the Federal Trade Commission to investigate Apple and Google, claiming the two tech giants covertly allow the collection and sale of user information, according to a Friday, June 24 report from The Wall…
Sharp rise in energy scams as household bills soar in Britain
Fraudsters are using the cost of living crisis to expand their scams, with a surge in energy schemes that exploit Britons' desire to save money on electricity and gas bills, according to analysis of official data. Cons mentioning the…
Revolut opens new office in Paris after big SocGen hire
After building its French team over the past 12 months, app-based bank Revolut has moved into a new Paris office.
Revolut has been in France since 2017, but it closed its Paris office in 2020 during the pandemic. In 2021, the entire…
French bank accused of handling ‘witch’s hat’ case
BNP Paribas has been reprimanded by the city watchdog for its handling of complaints from a female banker who faced gender discrimination while working in its London office, it has revealed.
The Financial Conduct Authority (FCA) held…
British bride-to-be tried to rob store after crypto scam
A British groom was filmed being tackled as he attempted to rob a store – just moments after learning he had lost the money to pay for his wedding in a crypto scam, a court has heard .
Charity worker Louis…
Nigerian arrested in UK, extradited to Malta to face romance fraud charges
A 41-year-old Nigerian national, Johnson Anene has been remanded in custody after being brought to Malta to face fraud and money laundering charges.
According to MaltaToday, Anene who lived in St Paul's Bay before leaving for the UK,…
New Report Reveals FinTechs Are Increasingly Focused on Ethical and Sustainable Growth
Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.
New research from the Payment Association identifies sustainability superheroes working within the FinTech industry at the forefront of ethical and…
The ‘standardised’ drug that the UK consumes more than any other country
Going to college represents a fresh start and a new level of independence for young people across the country. And a big part of student culture is partying, drinking, and clubbing. For some, what begins with social drinking can!-->…
Revolut launches B2B USD payment transfers to the UK
FinTech app Revolut has announced that it will enable its business customers to make free US dollar (USD) transfers to the UK, IBS Intelligence reported on Friday (June 10).
The new feature allows Revolut corporate customers to receive…
Swiss cantonal bank BLKB uses NetGuardians to fight payment fraud
NetGuardians, a Swiss provider of financial fraud prevention solutions, has signed Basellandschaftliche Kantonalbank (BLKB) as a new client.
BLKB fights financial fraud with NetGuardians
BLKB has selected NetGuardians' fraud…
why money laundering is the new global epidemic
Superyachts seized, banks sanctioned and assets frozen. The Ukrainian conflict has brought to light a problem that has been bubbling under the surface for many years: Russian money laundering.
The wealth of Russian oligarchs is not new.…
Al-Tuwaijri participates in the “Seamless Global Conference” in Dubai
In its participation in the "Seamless Global Conference" in Dubai: Al-Tuwaijri: Boubyan Bank has been ahead of the others in being ready for these transformations for 10 years, the bank investing in digital services in accordance with a…
UK Treasury proposes regulations to protect stablecoin users
This year, the UK government has set itself the lofty goal of becoming a digital currency hub. It is now proposing regulations for the digital currency industry to help it achieve this goal.
One of these proposals has just been made by…
Cost of living: families in difficulty are targeted by a quick loan scam
Hardened families are set to lose money in a quick loan scam that has grown thanks to the cost of living crisis. And cases of people being trapped have increased so much that Lloyds Bank has warned customers to be on their guard against!-->…
Revolut compliance boss resigns amid restructuring
Revolut's chief compliance officer has resigned following a restructuring of the digital lender's risk division.
Harry Gill, Revolut's global head of regulatory compliance and a member of its management team, has resigned after the…
Lincolnshire man fined £21,000 for illegal waste storage
A Lincolnshire man has been fined after pleading guilty to operating a landfill without permission and allowing others to steal from it.
Raymond Wortley, 75, of The Streddars, Hundreds Road, Crowland, illegally accepted and stored waste…
White & Case picks up partner as Boies Schiller loses three in Manhattan
White & Case has bolstered its debt finance practice in London with the addition of acquisitions and leveraged finance specialist Monica Barton of Winston & Strawn. Barton, who is dual qualified in England and Wales…
Fraud victims wait ‘long periods’ on bank phone lines to report crime
People who believe they have been defrauded could be left on hold on some banks' phone lines for an hour, a who? investigation suggests.Fraud victims, including those who have been defrauded by Authorized Push Payment (APP) scams, where…
LGCA Partners with Morgans Consortium (TMC) to Deliver Compliance Training | The Guardian Nigeria…
The London Governance and Compliance Academy (LGCA) has partnered with the Association of Governance, Risk & Compliance and the TMC Institute, a leading and specialist provider of bespoke…
Illegal betting is a ‘major threat to the integrity of racing’
A comprehensive new report on the state of international illegal betting has revealed a marked increase in the number of punters using black market bookmakers, who outnumber licensed and regulated online operators by a ratio of nearly…
Scammers hope to exploit cost of living crisis, UK police say | Scams
The cost of living could be the next front line for scammers, the head of Britain's fraud unit has warned, with criminals using the crisis as a way to lure potential victims.DCI Gary Robinson, head of the Cards and Payments Crimes Unit…
Indian-born accountant jailed for five-and-a-half years in UK for fraud and money laundering
A Chartered Accountant (CA) of Indian descent has been sentenced to five and a half years in prison by a UK court after being found guilty of exploiting a vulnerable victim with money and assets worth 331,858 pounds.
Sukhvinder Singh, 73,…
The sun is starting to set on the days of Wild West crypto
Even as cryptocurrencies have become more widely accepted as an asset class, they have struggled to shed their reputation for inhabiting a digital "Wild West" - a place where law and regulation are s rarely apply.There are signs,…
Scottish government urged to provide financial compensation to striking miners through underuse of…
On this day in 1984, a former miner named Jim Tierney was one of 290 arrested by police in Stepps, while going about his lawful business, and arrested and detained. It wasn't the only time Jim was lifted during the miners' strike, with an…
Exclusive-Xiaomi accuses the Indian agency of threats of “physical violence” during the…
By Aditya Kalra and Abhirup RoyNEWDELHI -Chinese smartphone maker Xiaomi Corp has alleged its top executives were threatened with "physical violence" and coercion during questioning by India's financial crime agency, according to a court…
Campaign groups call for ‘golden visa’ transparency as data reveals potential abuse of…
Wednesday May 04, 2022 3:45 p.m.
Campaign groups have stepped up calls for greater transparency in the use of Britain's now closed 'golden visa' scheme after new data revealed nearly 50!-->…
UK’s Financial Conduct Authority Acts to Improve Financial Crime Problems at Challenger Banks…
The UK's Financial Conduct Authority has released the findings of its multi-company review of financial crime controls at challenger banks. The FCA undertook the review in 2021 in response to the 2020 National Money Laundering and…
How a sanctioned Russian company gained access to Sudan’s gold
Dozens of dented trucks loaded with gold ore wind through the desert in northeast Sudan and dump their load at a compound on the outskirts of the town of Atbara.The tons of ore, mined by small miners in Nile State, are then…
Top 5 Stories of the Week – April 29, 2022
Here's our pick of five of the top stories from the world of finance and tech this week.
CFPB invokes 'largely unused' Dodd-Frank Act to scrutinize fintechs
The US Consumer Financial Protection Bureau (CFPB) said it was…
UK to set up new authority to ‘chase’ fraud
Britain's Chancellor of the Exchequer Rishi Sunak (Photo by TOLGA AKMEN/AFP via Getty Images)
By: Chandrashekar…
How can neobanks meet the challenges posed by cybercrime?
With the rise in the number of digital-only "neobanks" in the UK, the top four alone have more than 12 million account holders, according to research by Insider Intelligence.
Advances in AI and ML could help neobanks better…
Scottish Old Firm football agent in a gangster crime investigation
A football agent who works for Old Firm players is facing organized crime charges, the Sunday Mail can reveal. The well-known trader is to appear in legal action over his alleged gang ties. It is the first time that a working!-->…
Credit Strategy – CS – News
The regulator also found that these organizations failed to adequately verify the income and occupation of their clients, and some cases did not have financial crime risk assessments in place for their clients.
During its review –…
FCA finalizes new executive diversity rules effective this year
By Irene Madongo (April 20, 2022, 1:03 p.m. BST) – The financial regulator published its finalized set of social inclusion targets for companies listed on the London Stock Exchange on Wednesday, measures designed to help ensure…
Cryptocurrency firm linked to Philip Hammond still lacks UK approval | Philip Hammond
Former Chancellor Philip Hammond could see the value of his stake in cryptocurrency firm Copper plunge after the company suffered a blow to its hopes of obtaining permission to operate in the UK, forcing it to explore a move to…
Fake fraud knight living lavishly on the proceeds of crime must repay £1.5m or return to jail
A fake knight who lived a life of luxury with a lavish home and a fleet of supercars after serving time in jail for a £14m property scam is being given weeks to pay nearly £1.5m pounds sterling or be sent back to prisonEric…
Blockchain Technology Enterprise OwlTing Installs Robust AML Defenses with Napier
SINGAPORE--(BUSINESS WIRE)--Napier, a leading financial crime compliance solutions provider, announced that OwlTing Group, a blockchain technology company, is the latest to leverage Napier's AI-enhanced technology solutions to…
Customers’ money and the regulations that govern it are changing…
I was recently invited to Second Annual National Local Government Event of the Institute of Government and Public Policy to give a lecture on “The Past, Present and Future of Customer Money in the Private Rental Sector”.
With…
EU announces fifth round of Russian sanctions; UK extends financial sanctions | Faegre Drinker…
On April 5, 2022, the EU announced the fifth sanctions package against Russia. The final round, aimed at deepening the Russian economy, will focus on the following six areas:
A ban on coal imports from Russia, which would cost Russia…
US to ban new investment in Russia under new round of sanctions
VOlodymyr Zelensky was skeptical when he picked up the phone. On the other end of the line, Kim Jong-un told him that he was sending Vladmir Putin to help him get out of kyiv.
Kind of.
A Kim impersonator has revealed the incredible story…
Russia’s ‘despicable’ Bucha attacks are evidence of ‘war crimes’, says…
After Ukrainian prosecutors said they found around 410 bodies in towns near kyiv, British Prime Minister Boris Johnson accused Russian President Vladimir Putin's forces of war crimes. According to the Daily Mail, two mass graves were…
Butler of the world, Oliver Bullough. Review
(Profile, £20)
Despite all the work he has done to raise awareness of the hundreds of billions of pounds of dirty money that pass through the City of London each year, Oliver Bullough would never have predicted that this…
£3m of illicit funds to be returned to Kenya
JERSEY has signed a deal to return £3million laundered on the island two decades ago to Kenya, with the country to use the money to support its Covid-19 response.
The repatriation of funds was agreed after the Royal Court convicted locally…
Fraud victims who lost properties, life savings and pension pots win £10m in Premier FX battle | UK…
Fraud victims who lost more than £10million in the collapse of a UK currency exchange firm have won a remarkable battle to get all their money back.corporate bank, Barclays, was fined and condemned by the regulator for…
Court of Appeal: Banks’ Quincecare Obligation May Apply to Instructions from Defrauded…
In Philipp v Barclays Bank UK PLC, the Court of Appeal held that the Quincecare requirement could apply to direct instructions from customers (and not just those given by an agent), so banks could be held liable for failing to protect…
Protect Ontario’s Burning Real Estate Market From Russian Oligarchs: NDP MP
Content of the article Ontario's buoyant real estate market remains an attractive option for Russian oligarchs looking to hide their money, said NDP MP Jessica Bell. Content of the article The provincial government must create a…
Dechert lands leading white collar partner Judith Seddon
LONDON, March 21, 2022 /PRNewswire/ -- Dechert LLP announces today that Judith Seddon joins as a partner in its London Office.
One of the UK's leading white collar practitioners, Ms Seddon has represented businesses, financial institutions…
Canada is a prime location for financial criminals to settle: new report
On the same day the federal government imposed sanctions on 15 Russian officials, a new report found that Canada's impeccable reputation and weak transparency laws have made it a hotbed for transnational tax evaders and criminals to create…
EU votes against Bitcoin ban but drafts sustainability rules
The European Parliament rejected a regulatory proposal that would have essentially banned Bitcoin. The controversial proposal was part of the Crypto Asset Markets (MiCA) framework, which was first proposed in 2020 to provide legislation!-->…
Why “account freezing” is a bigger problem for neobanks than for incumbents
CharacteristicsAlternative loansDigital bankSavings and investment
Increasing levels of fraud are being seen for banks and the end result is that more and more legitimate customer accounts are being frozen, writes Selin Bucak.Image…
Grant Shapps holds private jet after it becomes ‘criminal offence’ for aircraft to enter…
Grant Shapps today said he detained a private jet at London Luton Airport after saying it would be a criminal offense for any Russian aircraft to breach UK airspace.Britain's Transport Secretary, 53, said he would not let the private…
UK sanctions Russia — What you need to know about the financial impacts | Goodwin
The UK first announced a new set of sanctions measures targeting Russia following the invasion of Ukraine on February 24, 2022, and the government has since continued to announce new sanctions and restrictions on against a number of…
Fraud victims lose £28,000 to bank transfer scams every hour
Only about £2 out of £5 lost to convincing scams is refunded, Which? found, with victims forced to swallow £495million in losses, which equates to losing £4.7million a week, or £677,000 a day. The group's Rocio Concha said banks should…
How will the new economic crime bill work?
The new Economic Crimes (Transparency and Punishment) Bill was presented to Parliament on 1 March.The need for new legislation in this area has long been recognized by the government, but recent events have pushed the bill to the top of…
Last month today: Sanctions skyrocket as Russia invades Ukraine, US, EU, UK banding together in…
By Brian [email protected] March 4, 2022Here is a recap of the CBCA and outside media coverage, along with links to government and related sites that unfolded in February, with a focus on the sanctions. Enjoy! ACFCS coverageCan…
As Hundreds of Film Tax Scheme Investors Sue HSBC, Financial Crime Specialist Niall Hearty, Rahman…
UK: As hundreds of investors in a film tax scheme now sue HSBC, Niall Hearty of financial crime experts Rahman Ravelli details the case…
Russia invades Ukraine and Vladimir Putin news
Emergency crews respond to the scene of an airstrike near Kiev's television tower on March 1. The nearby Babyn Yar Holocaust memorial site was also hit in the attack. (Wolfgang Schwan/Anadolu Agency/Getty Images)Moshe Reuven Azman, the…
Britain’s ‘laundry’ for dirty Russian money must end and tougher sanctions applied…
I AM a member of the Treasury Committee which explored economic crime and money laundering. A few weeks ago we released our latest report and we are awaiting the government's response.Register to our daily newsletterThe newsletter mute the…
Russian-Ukrainian War: Standard Chartered Bank Issues Official Statement and Informs Clients of…
Standard Chartered Bank has released an official statement to announce a current ban in its banking system.
This follows the various sanctions announced by the United States and the United Kingdom regarding the ongoing tension between…
Europe hits Russia with sanctions after moving troops to eastern Ukraine
But experts have described the first wave of European sanctions - as well as those announced by the United States on Tuesday - as gradual and unlikely to change Putin's calculations in the short term. Instead, the West's response has set…
Traditional methods of tackling the £750m fraud tsunami are like taking a knife in a shootout
Saturday, February 19, 2022 6:10 a.m.
Martin Rehak, Founder and CEO of Resistant AI
From fraudulent phone calls, fraudulent text messages and emails, fake websites, falsified documents and false!-->…
UK to abolish tier 1 investor visa
The UK is set to scrap the Tier 1 investor visa scheme months after the Home Office carried out a legacy review of the scheme for 'security concerns'.
According to BBCthe government is under pressure to scrap the 'golden visa' scheme!-->!-->…
Starmer: PM must ‘get his house in order with dirty Russian money’
The government must "get its house in order" if it is serious about tackling "dirty money" from Russia entering the UK, Keir Starmer has said.The Labor leader also called on the government to 'go now and go hard' with sanctions on Russia,…
Netflix is already making a documentary series about the alleged billion-dollar bitcoin launderers
This illustration photo shows Heather Morgan, also known as 'Razzlekhan', on a phone in front of the Bitcoin logo displayed on a screen, in Washington, DC on February 9, 2022. - A couple accused of seeking to laundering bitcoin has been…
Under my leadership, Labour’s commitment to NATO is unwavering | Keir Starmer
On all the great achievements of the Labor government in 1945, one stands out on the world stage. The NHS may have the biggest impact on our daily lives, but it was the creation of NATO that ushered in what is now approaching three…
What will West Yorkshire Police’s budget be this year
WEST Yorkshire's police budget for the coming year has been released by the government, with the county securing the fourth highest funding in the country.
The report, released by Home Secretary Priti Patel, outlines…
Sunak slams Johnson as No. 10 resignation buffet
Boris Johnson was publicly criticized by Chancellor Rishi Sunak for his conduct on Thursday, a day of chaos when four of the Prime Minister's top aides left Downing Street.Munira Mirza, head of Johnson's political unit and close ally…
Nationwide is building a better digital onboarding experience with Jumio
Content of the article World's Largest Mutual Building Society Uses Jumio's AI-Based Solutions to Verify Identity and Age of New Members LONDON — Jumio, the leading provider of end-to-end identity orchestration, eKYC and AML solutions, has…
Age UK Camden launches scam prevention service
Published:
15:33 January 31, 2022
Seniors in Camden can access a new service aimed at helping them protect themselves from fraudsters.
Age UK Camden's Information and Advice Team have launched a new scam prevention and support!-->!-->!-->…
Child abuse victim waited over 1,000 days for justice as her trial was delayed twice
Exclusive: The case was reported to the police in March 2019 but the trial was called off twice at the last minute. Last month the pedophile was convicted of two counts of sexually assaulting a 10-year-old girlThe lawsuit was called off…
Three interesting fintech jobs to consider this week
SponsoredAlternative loansDigital bankSavings and investment
Jobbio's Rebecca O'Keefe looks at three vacancies in the UK fintech industry.Image source: Photo by Buro Millennial from PexelsJobbio advertising functionality.Do you plan to…
Dirty Russian money and ‘close ties’ to Tories will thwart UK response to Ukraine…
Dirty Russian money in London - and 'close ties' to the Conservative Party - will hamper UK promises to get tough with Moscow if it invades Ukraine, US experts warn.Boris Johnson claimed he was 'bringing the West together' to deter Russian…
Yoox launches high-end online fashion market
High-end online fashion retailer Yoox launched its first marketplace in 30 countries across Europe on January 20, saying it will integrate small businesses and brands and improve its assortment of product offerings.
The Yoox market will…
The £40m payout to former Rangers chiefs was 40 times the total England bill
The £40m compensation paid to former Rangers managers for botched legal attempts was 40 times the total England annual bill to settle similar cases. Former Justice Secretary Kenny MacAskill has demanded an explanation of why Crown!-->…
Netflix stock price plummets as subscriber growth stalls
gHello.
We expected the Plan B measures to reduce retail sales during the crucial Christmas period, but the numbers are even worse than expected.
ONS statistics show sales fell 3.7% in December from the previous month. Economists had…
Synchrony CareCredit partners with Pawlicy Advisor
Consumer financial services company Synchrony is working with pet insurance marketplace Pawlicy Advisor to introduce pet healthcare financing. Synchrony's CareCredit, a financing solution for veterinary care, will be available on the…
Serial romance fraudster jailed after scamming women out of nearly £20,000
A romance fraudster who defrauded several women of thousands of pounds and targeted hundreds more has been jailed for 28 months, following an investigation by the National Crime Agency.
Osagie Aigbonohan, 41, from Lagos, Nigeria,…
Leading activist urges UK to target Kazakh elite wealth | Business
One of the architects of the updated UK sanctions legislation called on the government and criminal agencies to target the wealth of the Kazakh elite after at least 164 people died in the unrest.Bill Browder, a US investor turned activist,…
Barclays Wins Offer to Recover $ 130 Million from Health Co. Exec
By Silvia Martelli (January 10, 2022, 5:39 p.m. GMT) - A judge ruled on Monday that Barclays could enforce a $ 131.5 million judgment against the founder of a bankrupt hospital operator implicated in a fraud scandal, allowing the…
How the Kazakh elite invested their wealth in British real estate | Kazakhstan
The ministers face allegations that they allowed Kazakhstan's ruling elite to secretly invest large swathes of the country's wealth in London's property market after failing to introduce the promised new transparency laws.Former Prime…
Watchdog probes MacIntyre’s audits on mortgage broker
By Najiyya Budaly (January 7, 2022, 11:03 GMT) - The UK accountancy watchdog said on Friday it was reviewing MHA MacIntyre Hudson's audits of a mortgage intermediary's financial statements for the years ending 2018 and 2019 .The…
Sight Magazine – Metaverse to crypto: Five tech trends to watch in 2022
05 January 2022
ZOE TABARY
London, United KingdomThomson Reuters Foundation
From the fight against the coronavirus pandemic to working remotely and communicating with our loved ones, digital tools, platforms and policies…
2021 scam: warning issued as fraudsters cheat wealthy Britons with their pension funds’ |…
More than half of those classified as high net worth individuals (HNWI) admitted to having been duped by a financial scam in recent years.That figure rises to almost two-thirds of wealthy people with assets over £ 2million.As…
Outlook 2022: Marc Murphy, Cengiz Kiamil & Niall Twomey, Fenergo
Marc Murphy is CEO, Cengiz Kiamil is responsible for product strategy and Niall Twomey is CTO at Fenergo.
Marc Murphy
What key themes can we expect to see in 2022?
Change will be underway in the financial sector in…
“Blockchain Rock”: Gibraltar to become the world’s leading cryptocurrency hub |…
ohn the southern Mediterranean coast, nestled in the shade of the Rock's sheer limestone cliffs and its tangle of wild olive trees, the Gibraltar Stock Exchange (GSX) is quietly preparing for a corporate takeover that could have global…
Christmas Parcel Scam Alert Issued As Fake Texts Received – “We’re Witnessing a…
Christmas is only two days away, but despite its proximity, scammers are still looking to take advantage of the British where possible. Proofpoint urged buyers to beware of fake messages as cybercriminals send fraudulent messages…
Live news: BNP Paribas becomes last European bank to cut spending in the United States with the sale…
The UK's Prudential Regulation Authority fined Standard Chartered over £ 46.5million for repeatedly reporting a key liquidity measure incorrectly and for not being 'open and cooperative' with it. one of Britain's most…
Financial services in 2022: an opportunity for metamorphosis
Legacy and cloud native technologies can complement each other for a more productive business and happier customers.
Through Monique Sasso, Chief Technologist EMEA FSI, Red Hat
For financial services companies and…
Pensions industry urges government to rethink fraud tax
By Martin Croucher (December 13, 2021, 2:33 PM GMT) - The government's plan to increase the amount charged to retirement savings plans to cover the growing cost of compensating victims of fraud is "totally unreasonable," said…
Now online crackdown should include financial fraudsters
Financial fraudsters should be hit by new online crackdown, predicts chairman of powerful committee of MPsBy Rachel Rickard Straus, Financial Mail On Sunday Posted: 9:50 p.m. GMT, December 11, 2021 | Update:…
More than one in 10 buyers “have fallen into the trap of buying scams”
Christmas shoppers are being warned to beware of shopping scams, as more than one in 10 (11%) say they've been duped.Buying scams happen when criminals try to tempt buyers with heavily discounted prices, but the products never arrive or…
US and UK join forces to tackle challenges to advance privacy technologies
The United States and United Kingdom today announced their intention to collaborate on the bilateral Innovation Prize challenges focused on advancing privacy protection (PET) technologies. This emerging group of technologies presents a…
VW fights to curb allegations of deception in UK ‘Dieselgate’ lawsuit
By Joanne Faulkner (December 6, 2021, 11:29 p.m. GMT) - UK drivers suing Volkswagen AG over diesel cars fitted with emission control devices should not be able to argue they were cheated, lawyers for the automaker said on Monday .…
Boris Johnson news – live: Christmas party reports ‘unfounded’, says Raab as drug…
Christmas party reports 'unfounded', says RaabDeputy Prime Minister Dominic Raab called reports of Christmas celebrations in Downing Street last year "unfounded". Speaking to the Andrew Marr Show this morning, the Deputy Prime Minister…
New “government by diktat” completely bypasses parliament
What is freedom these days? Nineteen Conservative MPs voted against reintroducing the compulsory mask wearing in shops and on trains, with one calling it "oppressive and authoritarian". Oddly enough, neither he nor any of his…
How to spot a parcel scam and what to do
Parcel and parcel delivery scams are the most common type of text message in the country. according to data from cybersecurity firm Proofpoint. Photo: Ian Forsyth / GettyThousands of Brits took to Main Street and shopped online over the…
British Virgin Islands leader pushes back UK corruption investigation – POLITICO
LONDON - The Prime Minister of the British Virgin Islands (BVI), Andrew Fahie, gets his retaliation first - brushing aside allegations of deep-rooted corruption in the Caribbean territory even before an official investigation…
Offenders who hunted down innocent victim in fraud brought to justice | New
Three men were sentenced at York Crown Court today after targeting an elderly and vulnerable pensioner in the Scarborough area and trying to swindle him £ 16,750 for alleged work on his…
UK government refuses to accept Lords’ attempts to repeal vagrancy law
UK government refuses to accept Lords' attempts to repeal vagrancy law
Posted 25 November 2021
The UK government refused to support a multi-party effort in the House of Lords to decriminalize homelessness, refusing to accept…
Latest Updates: Thousands of Englishmen Sign Up for Covid Reminder in “Reservations…
About 90 percent of U.S. federal employees have been fully vaccinated against Covid-19 by the deadline later this evening for President Joe Biden's vaccine tenure.Jeff Zients, the White House coronavirus response coordinator, said Monday…
City regulator taps into Bitcoin expertise as terrorists mine cryptocurrencies
The city's regulator is using Bitcoin experts to train its staff, fearing that money launderers and terrorists using cryptocurrencies may have a head start in the fight against financial crime.
The Financial Conduct Authority (FCA) is…
Kraken to remove Monero from list, cites UK regulatory compliance concerns
In an age when speculative coins like Shiba Inu and Floki Inu are listed by top exchanges, others are being written off for security and compliance concerns. The eighth largest cryptocurrency exchange in the world, Kraken, has ditched…
Is the proposed increase in the corporate tax rate relevant?
This week, Shell announced that it will be moving its tax residence to the UK. This is a huge vote of confidence for the UK as a destination for large international business. At a time when news made the headlines about the increase in…
Administrators banned for abusing COVID loan program
By Najiyya Budaly (Nov 15, 2021, 2:42 p.m. GMT) - Two former directors were banned for a total of 19 years for fraudulently taking £ 200,000 ($ 269,000) in financial aid during the pandemic to buy a Rolex watch and…
Head And Shoulders / Earnings Tomorrow BMO for NASDAQ: NICE By Lauralea
TEST this model. Earnings are tomorrow BMO unless something changes. From what I've read, NICE is supposed to beat earnings but talking heads and analysts can choose earnings except if they want. Just curious what will happen…
Fraudulent activity helps the RegTech market
RegTech Market Report 2021 - Implications and Growth of COVID-19
The Business Research Company Global RegTech Market Report 2021 - Implications and Growth of COVID-19
LONDON,…
The life and crimes of Curtis ‘Cocky’ Warren – the £ 300million ecstasy, cocaine,…
A notorious drug lord with ties to Manchester will be released from prison next year. Curtis Warren, of Liverpool, is due for release after spending 14 years in prison. Warren, 58 - who has amassed a deemed fortune of £!-->…
Latest updates: New Jersey Gov. Phil Murphy narrowly reelected
Democratic lawmakers appeared close to a deal on the so-called "salt" cap on federal tax deductions for state and local taxes on Tuesday, in a victory for the wealthiest state House moderates who have long denounced politics.Donald Trump's…
Central Bank of the UAE’s new cybersecurity center to tackle financial crime
The UAE Central Bank has established a new Networking and Cyber ​​Security Operations Center to help defend the financial system's IT infrastructure against cyber attacks.The center will be located at…