AML Certification
CAME: Certified Anti Money Laundering Expert Goes Global
In today's interconnected world, financial crimes like money laundering have become increasingly sophisticated and pervasive. To combat these threats, organizations and countries worldwide are joining forces to strengthen their...
Global Roundup
Financial Conduct Authority fines Canara Bank
Financial services firms are required to maintain robust anti-money laundering (AML) systems and controls since they are at risk from those seeking to launder...
Global Roundup
Did Sequoia Capital Indulge in Money Laundering ?
According to the reports published in the leading Indian News papers, enforcement agency which investigates foreign-exchange violations, is examining why the Silicon Valley venture firm...
Global Roundup
Banks Need to Invest in Trained BASEL III Professionals
After failures of Financial Institutions during the financial crisis in 2008, senior executives of the financial institutions face the heightened risk of being sued by...
Global Roundup
State Bank Fined for Money Laundering
The Hong Kong central bank has fined State Bank of India's Hong Kong branch HK$7.5 million ($1 million) for breaching the city's anti money-laundering...
Ponzi Scheme
Top 10 Ponzi schemes of 2013
The total loss caused to the investors in USA has reduced from $1488 million to $441 million in the 8 ponzi schemes enforced by SEC
Global Roundup
Trader found guilty in Apple trading fraud
David Miller, institutional trader was found guilty in the Apple Trading fraud. On October 25, 2012, the day Apple was scheduled to announce its...
Corporate Fraud
KPMG ex-partner in Insider Trading
Ex-Partner of KPMG was charged with insider trading by Securities Exchange Comission. The comission alleged that Scott London, Ex-Partner of KPMG tipped Bryan Shaw...
Corruption
Global Icons who Laundered proceeds of corruption
According to a first of its kind report on ‘Ascertaining size of corruption in India with respect to money laundering’, an individual spent over...
Ponzi Scheme
Top ten Ponzi schemes of 2012
According to the SEC data on Ponzi scheme revelations, US investors have lost nearly $1488 Million to some of the biggest ponzi schemes in...
Global Roundup
The Walmart Story – Exposing lacunae in retail policies
In my last article, Read: Flipkart being investigated for FDI Violation I covered the way Flipkart could be flouting the FDI norms. This piece of...