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NEWS: UK-listed mining giant Glencore hit with $150m penalty over Congo bribery case 

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

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NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

By Paul O’Donoghue UK-LISTED Glencore has been ordered to pay $152 million by Swiss authorities, concluding a long-running investigation into the company’s involvement in bribery in the Democratic Republic of Congo (DRC).  The investigation, which lasted over six years, found that Glencore failed to take reasonable measures to prevent the bribery of a Congolese public…

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

 Premium

NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

Regulatory Watch News

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  • September 25: FinCEN Virtual Info Session on Beneficial Ownership Reporting

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    The Corporate Transparency Act requires many companies doing business in the United States to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them. Join a FinCEN representative for a virtual information session on beneficial ownership information (BOI) reporting requirements and how to comply with the law.

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