Collaboration between UK and UAE on money laundering after two week programme concludes

Regulatory Watch News

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  SFC obtains disqualification order against former financial controller of Anxin-China Holdings Limited

  Securities and Futures Commission

  March 11, 2025

  The Securities and Futures Commission (SFC) has obtained a court order that the former financial controller of Anxin-China Holdings Limited (Anxin), Ms Yang Shuyan, be disqualified from being a director, liquidator, receiver or manager of the property or business, and being involved in the management, of any listed or unlisted corporation in Hong Kong without leave of the court, for a period of three years

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  Florida Woman Pleads Guilty to Conspiring with Family to Hide from the IRS More than $90M In Offshore Bank Accounts

  US Department of Justice

  March 10, 2025

  A Florida woman, and dual U.S. and Colombian citizen, pleaded guilty today to conspiring to defraud the United States by, among other things, concealing tens of millions of dollars in undeclared foreign financial accounts, filing false tax returns, and evading taxes. According to court documents and statements made in court, between 2010 and 2022, Gilda Rosenberg, of Golden Beach, Florida, conspired with two family members to conceal from the IRS more than $90 million in assets and income held in undeclared bank accounts in Andorra, Israel, Panama and Switzerland.

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  Fraudulent websites and internet banking login screens related to Industrial and Commercial Bank of China (Asia) Limited

  HKMA

  March 10, 2025

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Industrial and Commercial Bank of China (Asia) Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.