Tax & Technical
Pilatus Bank and official charged with money laundering
Just days after the firm was fined nearly €5m for AML/CTF breaches
South Africa shelves social security reforms
Proposals ‘were not well understood and misrepresented’ and more clarification is needed
Nine UK firms in default between June and July 2021
Eight of which provided financial advice, planning and insurance services
$18m Ponzi scheme couple charged
Alongside five other entities used to receive investor funds
Maltese bank fined €4.9m for AML breaches
‘Seriousness and systemic nature of failures’ allowed millions to pass through unchecked