News
June 6, 2024
In a significant blow to cybercrime, a £1.2 Million money laundering scheme has been unravelled. Five individuals involved in laundering the proceeds of a computer scam […]
June 5, 2024
Standard Chartered, one of the United Kingdom’s leading banks, has found itself at the centre of a legal investigation, with new allegations surfacing in US court […]
June 4, 2024
UBS fined CHF50,000 ($55,220) by Switzerland’s finance ministry after an investigation revealed that employees allegedly failed to report multiple red flags of money laundering spanning several […]
June 3, 2024
The European Parliament has passed a significant package of laws aimed at bolstering the European Union’s capacity to combat money laundering and terrorist financing. These new […]
May 28, 2024
The cost of conveyancing, a crucial aspect of the home buying and selling process, has seen notable changes. According to recent data released by Compare My […]
May 23, 2024
Recent figures from HM Revenue and Customs (HMRC) have revealed a concerning trend regarding compliance with anti-money laundering (AML) regulations within the estate agency sector. Between […]
May 21, 2024
HM Treasury and Britain’s anti-money laundering (AML) watchdog have called for improvements from professional bodies within the legal and financial sector when it comes to their […]
May 17, 2024
The Serious Fraud Office (SFO) has released its “SFO Strategy 2024-29,” outlining an ambitious plan to tackle financial crime, fraud, and corruption amidst rising casework and […]
May 15, 2024
UK Mortgage approvals on the rise. In the unfolding narrative of the UK’s property market, March 2024 has marked yet another month of ascending mortgage approvals, […]