We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

Money Laundering Bulletin RSS feed

Conflict costs - Syria

Online Published Date : 12 June 2020 | Appeared in issue: 275 - 01 July 2020

As Syria enters its tenth year of civil war, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the United States has introduced additional, secondary measures. Funds still flow, but how? Paul..

SEB fined SKr1bn over weak AML in Baltics

Online Published Date : 25 June 2020 | Appeared in issue: 275 - 01 July 2020

SEB, the Swedish lender controlled by the Wallenberg family of industrialists, has been fined SKr1 billion (US$107m) by the Finansinspektionen for deficiencies in anti-money laundering controls in its Baltic operations. [1]The financial markets..

Cum-Ex – tax redux

Online Published Date : 01 July 2020 | Appeared in issue: 275 - 01 July 2020

Denis O’Connor, a Fellow of both the Institute of Chartered Accountants in England& Wales and the Chartered Institute of Securities and Investment, was amember of the British Bankers’ Association Money Laundering Committee from2003-10 and a member of the Joint Money Laundering Steering Group’s Board andEditorial Panel between 2010 and 2016. He has been a frequent speaker at industryconferences on financial crime issues, both in the UK and abroad.