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Results: 1-10 of 260

New corporate tax evasion offences - the clock is ticking!
  • RPC
  • United Kingdom
  • August 3 2017

Financial services firms should ensure they have in place appropriate policies and procedures as they prepare for the new corporate tax evasion


Surge in wire transfer fraud leaves victims looking to banks for redress
  • RPC
  • United Kingdom
  • June 9 2016

Fraudsters targeting businesses is not a new phenomenon. In its January 2010 report, the National Fraud Authority estimated that approximately £5.4bn


Disputes over bank's contractual right to freeze customer's account
  • RPC
  • United Kingdom
  • April 27 2016

As banks tighten-up their standard terms concerning due diligence on customers and their transactions, it is inevitable that disputes will arise and


Corporate offence of failure to prevent tax evasion: guidance requirement now in force
  • RPC
  • United Kingdom
  • July 31 2017

Section 47 of the Criminal Finances Act 2017 (effective from 17 July 2017) requires the Chancellor to publish guidance on the procedures that relevant


How effective is China's corruption crackdown?
  • RPC
  • China
  • May 4 2016

At the 18th National Congress of the Communist Party of China on 8 November 2012, Chinese President Xi Jinping vowed to hunt down 'tiger and flies'


New corporate criminal offence
  • RPC
  • United Kingdom
  • July 21 2017

The Criminal Finances Act 2017, which received Royal Assent on 27 April 2017, introduces new strict liability corporate criminal offences of failure


Hong Kong legal market sees tighter AML regulations and the introduction of LLPs
  • RPC
  • Hong Kong
  • February 5 2015

Solicitors’ firms in Hong Kong are required to have professional indemnity insurance. That insurance is provided by the Solicitors Indemnity Fund


Fuzzy-matching and the sanctions regimes
  • RPC
  • United Kingdom
  • March 10 2011

Given the ongoing political unrest in the Middle East and the speed at which individuals, entities and entire regimes can be added to HM Treasury and OFAC's consolidated sanctions lists (most recently, Libya and Tunisia), firms must ensure that their financial sanctions policies and procedures are effective and that in particular, systems for routine, real-time screening of all new and existing clients are in place


Faceless fraud scams in an online world
  • RPC
  • Hong Kong
  • September 23 2015

The internet is not necessarily a safe place. As the reliance on electronic communications in commercial transactions grows, so do the risks. As an


Follow the money
  • RPC
  • United Kingdom
  • July 27 2016

How do you get your money back from a potential fraudster who has siphoned the money off into planes, luxury houses abroad and mysterious accounts