Cayman tops ‘financial secrecy’ index
While the United States overtakes Switzerland for the first time
AML
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UAE warns of tough action if Pakistani bank violated AML laws
The central bank also separately called on mortgage lenders to halt ‘certain unacceptable practices’
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Guernsey fund and directors hit with more fines
Following a second investigation into Louvre by the Bailiwick’s financial watchdog
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Jail for rare earth metal scammers
‘Elaborate fraud’ took over £1m from investors
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Financial services firms in Malta to be put on notice
As regulator looks to mimic the UK’s financial crime agency
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Anti-money laundering regulator inundated with reports
With too many ‘low-quality’ submissions undermining enforcement work
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Bermuda fines trust provider over money laundering failures
Firm did not address its ‘deficiencies’ within the timeframe given by the regulator
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EU regulator concerned about Malta’s financial supervision
Island has suffered a number of setbacks including the closure of three banks
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UK company register eyes more powers to fight fraud
Amid criticism it is imposing public beneficial ownership registers on overseas territories
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UBS shareholders slap down execs over record fine
Swiss bank was found guilty of money laundering and helping rich French clients avoid paying tax
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UK boiler room fraudster jailed for 7 years
Millions taken from elderly and vulnerable victims who were promised 8-10% returns
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Canadian province introduces public property register
In a move to crack down on money laundering and tax evasion around real estate