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, […]
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 […]