Just when you thought it couldn’t surprise you any more – U.K. bank HSBC has been embroiled in a new controversy after staff posted a clip on the internet mimicking an Islamic State execution. 272 more words
Tags » Banking
The Dodd Frank Act’s whistle-blower provisions make it possible for an individual with “original information” regarding violations of the securities laws to submit it to the SEC and receive up to 30% of the monetary penalties in the event the SEC or certain other government enforcement agencies bring a successful case based on that information and the penalties exceed one million dollars. 342 more words
The City of London is the money-laundering center of the world’s drug trade, according to an internationally acclaimed crime expert.
UK banks and financial services have ignored so-called “know your customer” rules designed to curb criminals’ abilities to launder the proceeds of crime, Roberto Saviano warned. 742 more words