Due to tax evasion, money laundering and the flow of illegal funds, Africa is bleeding $50 billion every year which is a great concern to The United Nations (UN) and African Union (AU). This issue was addressed during the second… Read more >
The former head of B.C.’s Integrated Illegal Gambling Enforcement Team (IIGET), Fred Pinnock, has spoken publicly for the first time in almost a decade, after reading the Peter German report last week that detailed the mass amounts of money laundering… Read more >
Lindsay Columbo: How did due diligence become so complicated? By Lindsay Columbo | Thursday, July 19, 2018 at 7:28AM
Lindsay Columbo: Sloppy data can ruin a compliance program By Lindsay Columbo | Thursday, June 28, 2018 at 7:08AM
There is no doubt that the latest technologies for regulatory compliance remain a complex issue for banks because with the ever-growing and changing regulations aimed at anti-money laundering (AML) and Know Your Customer (KYC) compliance, large banks may just find… Read more >
In the fifth largest FCPA case ever, and the first time the DOJ has coordinated with the French authorities in an overseas corruption case, Société Générale S.A. (SocGen) has agreed to settle bribery charges. SocGen has been accused of paying… Read more >
The Enforcement Directorate (ED) is seeking to register a money laundering case under the Prevention of Money Laundering Act against the aviation company AirAsia Group’s CEO, Tony Fernandes and others for allegedly using bribery in an attempt to influence the… Read more >
In the 2017 South African Reserve Bank (SARB) annual report that was released last month, it was detailed that VBS Mutual Bank was fined R2.5-million by the SARB for failing to comply with regulations aimed at preventing money laundering and… Read more >
A leader and innovator in anti-money laundering (AML), sanctions and anti-bribery compliance, Navigant Consulting Inc., has announced that they will be collaborating with a leader in machine intelligence, Ayasdi to produce an artificial intelligence (AI) and machine learning technology geared… Read more >
To What Extent Does the New Cayman Data Protection Law Overlap with the GDPR? By Lindsay Columbo | Monday, September 17, 2018 Lindsay Columbo: My career in compliance (so far) By Lindsay Columbo | Monday, August 20, 2018 Lindsay Columbo:… Read more >