News
May 13, 2024
Australia announced $166 Million AML reform. The Australian government is allocating $166.4 million in the upcoming federal budget to bolster its anti-money laundering and counter-terrorism financing […]
May 8, 2024
The legal profession is being urged to maintain vigilance in identifying suspicious activity in property transactions after research indicated a 13% year-on-year decline in the number […]
April 22, 2024
HM Treasury is currently re-evaluating the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs), with the aim of enhancing “proportionality” and adding “additional […]
April 19, 2024
In a significant crackdown on financial fraud, a few weeks ago, authorities arrested eight individuals linked to an organised crime group accused of swindling nearly £8 […]
April 3, 2024
The Financial Conduct Authority (FCA) has issued a stark warning to the chief executive officers of Annex 1 firms, underlining significant lapses identified in recent assessments […]
March 31, 2024
In a landmark case that highlights the complexities and potential biases of artificial intelligence (AI) in the workplace, a food delivery driver has secured an undisclosed […]
March 26, 2024
In a landmark operation by the National Crime Agency (NCA), a major international money laundering network has been hit with a confiscation order. Abdullah Alfalasi, identified […]
March 20, 2024
In a significant development within the legal profession, Rajinder Heer, a solicitor who played a pivotal role at Coventgate Law, has been removed from the profession […]
March 14, 2024
A firm in Wales finds itself in hot water after being fined nearly £20,000 for inadvertently aiding conveyancing fraud. Stephens Wilmot Ltd, based in Pontypool, was […]