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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Global watchdog tells Japan to get serious about money laundering

Japan has not done enough to combat money laundering, an international watchdog said on Friday, urging the government to adopt measures such as legislation that criminalizes terrorist financing.

The Financial Action Task Force (FATF) in Paris referred to its 2008 report on Japan, which highlighted deficiencies such as a lack of internal controls among financial institutions to prevent and detect illicit money transfers, Reuters reported on Saturday.… Continue Reading

New Zealand anti-corruption bill targets organized crime

Justice Minister Judith Collins, courtesy of WikipediaNew Zealand’s Justice Minister Judith Collins has endorsed an anti-corruption bill to deter domestic and international organized crime that would require banks to report international wire transfers of more than $1,000.

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Morocco poised to create national body to combat corruption, bribery

Mustafa Al-Khalfi, the Minister of Communication, courtesy of Radioalmanarvision via YouTubeMorocco’s government endorsed a bill on Friday that created a national body designed to prevent and fight acts of bribery and corruption. 

According to Moroccan law, the bill will be submitted for government ratification, and for the parliament to debate and approve it, before the bill is implemented following publication in the Official Gazette of the Kingdom of Morocco.… Continue Reading

CMGE removes nine execs amid bribe probe

Image courtesy of CMGEChina Mobile Games and Entertainment Group said Thursday it has reassigned its president and eight other executives after news about an internal bribery investigation at the firm leaked to the press.… Continue Reading

OFAC fines California telecoms firm for Sudan, Iran trade

The U.S. Treasury Department said Wednesday it has fined Network Hardware Resale LLC, a global telecommunications and networking equipment provider, nearly $65,000 for allegedly violating U.S. sanctions against Sudan and Iran between 2008 and 2011. 

Treasury’s Office of Foreign Assets Control (OFAC) stated in a penalty notice that NHR exported 16 shipments of networking equipment and related accessories from the United States to Sudan, and two shipments destined for Iran.… Continue Reading

Biggest ‘Tiger’ so far falls in China anti-graft sweep

Su Rong, former vice-chairman of the Chinese People’s Political Consultative Conference National Committee, courtesy of WikipediaThe highest-ranking Chinese official since President Xi Jinping launched a massive campaign against corruption was formally removed from his post Wednesday.… Continue Reading