Reporter and AML Intelligence reveal glaring loophole in the UK sanctions regime
LONDON–AML Intelligence, a new and fast-expanding news provider for money laundering compliance professionals, has published an exclusive article in collaboration with Reporter, outlining the concerns experts in London and internationally have about the British government’s approach to sanctions enforcement. The main issue is around the discretion British regulators give themselves in placing sanctions on companies […]
Reportercast November 2022: Valeria Hontareva on Ukraine’s reconstruction and banking reforms
Welcome, people, to November’s Reportercast, with a very distinguished guest – Valeria Hontareva, the former central bank governor of Ukraine (2014-2017), and now a world-famous expert on finance reforms, banking governance and monetary policy. Hontareva is also one of the bravest central bankers the world has ever seen, having closed dozens of dirty banks affiliated […]
Duet Private Equity out of business over €2.6 million compensation claim
The company was linked indirectly to ongoing scandals in Eastern Europe, Germany and the UK. LONDON—Duet Private Equity is in insolvency over a lost arbitration claim against Starbridge Development Holdings, a Seychelles company whose beneficial owner was not disclosed, according to public data filed with Companies House and people involved in the proceedings. The matter […]
Reportercast September 2022: Bradley Birkenfeld on whistleblowing
People, September’s Reportercast has appeared. Our guest for this edition is world-famous whistleblower Bradley Birkenfeld, a self-described “hammer looking for nails” known for exposing a multi-billion tax scam at UBS and receiving what at the time was the largest reward in US history for his disclosure, which led to the overhauling of the Swiss banking […]
Reportercast August 2022: Tom Spiller on crypto and Tory politics
Welcome, all, to August 2022’s episode of Reportercast. The guest for this edition is Tom Spiller, a top lawyer specialised in the UK cryptocurrency industry and general international commercial litigation, and a Conservative Party activist who was given an Order of the British Empire by the Queen for his services to politics in the UK. […]
European development bank mired in Moldovan legal drama
The European Bank for Reconstruction and Development (EBRD) denies using falsified paperwork to help its reposession of the country’s only port, a year ahead of the war in Ukraine.
Global fintech Paxum and Hungarian bank OTP caught up in Romanian fraud probe
Canada-based and offshore haven-linked Paxum Inc was defrauded of some $16 million from an OTP Bank account in Bucharest, but prosecutors allege broader financial crimes surrounding the case.