AML
International fight against tax fraud steps up a gear
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team.
‘Dubai leak’ exposes $110m dirty money trail
Dubai’s property market is being abused by money launderers, according to a campaign group which has published a report based on leaked documents.
UAE and Hong Kong among biggest UK money laundering threats
The UAE and Hong Kong have been included in a list of overseas jurisdictions which the UK’s National Crime Agency says have the most enduring money laundering impact on the UK.
UK law change to force transparency on overseas jurisdictions
Cross-party support is mounting in the UK for an anti-money laundering bill which could force the beneficial owners of companies based in the British overseas territories and Crown dependencies to be identified on a public register.
United Kingdom | 23 Mar 18
Offshore ‘Crook’s Bank’ developer facing £1m fine
A money launderer who developed an online service for criminals using bank accounts in Portugal, the Cape Verde Islands, Jersey, Cyprus, and Switzerland has been ordered to pay £1m.