Search Results for: money laundering
Indonesia Ex-Central Banker Gets Jail for Bank Bailout Graft
July 17th, 2014
Former Bank Indonesia deputy governor Budi Mulya was sentenced to 10 years in jail for corruption, the latest high-profile conviction that shows how policy making in Southeast Asia’s biggest economy is undermined by graft. Mulya was handed a 500 ...
The Case of the Missing White-Collar Criminal
June 23rd, 2014
The senior executives who played leading roles in the 2008 financial crisis can breathe a sigh of relief: If any committed crimes, the statute of limitations will run out for most of them this year. It’s safe to say ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
The First National Bank of Facebook
April 23rd, 2014
The company that rebranded the word “friend” may soon take up a more ambitious makeover: the word “bank.” Facebook Inc. is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange ...
CySec: updated form on the prevention of AML
March 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has released the updated Monthly Prevention Statement for the prevention of AML . The form can be found here. Source: CySec
