Nordea Bank charged by Danish crime unit over AML failings on €3.5bn of transactions

Banking | 8 Jul 24

Nordea Bank charged by Danish crime unit over AML failings on €3.5bn of transactions

This is claimed to be the largest money-laundering case in Danish history

Regulation | 5 Jul 24

Industry experts around the world react as Labour wins significant majority in UK election

Labour had announced plans to charge inheritance tax on all non-UK assets held on trust

PIMFA pushes FOS on CMCs

PIMFA suggests that FOS should review its approach and seek to levy a higher charge, which would result in firms and CMCs sharing the burden of case fees

Opinion: Will a new UK government bring global action on global money laundering?

With reports that Labour is on track for a landslide victory in the UK election on the fourth of July, is there hope that a new UK government will open doors for closer global coordination in the fight against money laundering…

Regulation | 21 Jun 24

FCA urges victims to claim compensation over fraudulent adviser activities

It is now making a final call for any remaining victims to come forward

Regulation