Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
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
The U.S. Treasury Department has been eager to establish a corporate ownership registry in its battle against dirty money. Those who have read my articles before on public registries know I have doubts about their effectiveness.… Continue Reading
Some time ago, I wrote a post for the FCPA Blog stating that pandemic-related fraud was a ticking time bomb, and that global governments and financial institutions were perched uncomfortably atop this explosive device.… Continue Reading
The European Court of Justice (ECJ) has ruled that a provision of the EU’s Money Laundering Directive, which requires member states to establish open public registers of ultimate beneficial owners (UBOs) of companies, is invalid.… Continue Reading
A major inquiry has revealed what I and many others in the fraud space have long said: money laundering is rampant in one of Canada’s main provinces, British Columbia (B.C.), and the few cursory efforts made by the federal and provincial governments to tackle it have been largely ineffective. … Continue Reading
Transparency International and over 100 other organizations released an open letter calling on governments to open up company and beneficial ownership registers as a matter of urgency, to assist in the implementation of sanctions against Russian oligarchs.… Continue Reading
There’s stiff opposition in some jurisdictions to the principle of litigation funding. In those jurisdictions, lawyers and clients are excluded from working with litigation funders. And in some locales, lawyers remain unable to work on a “no foal, no fee” (no win no fee) basis as well.… Continue Reading
In a recent piece for the Financial Times, Tom Keatinge of the Royal United Services Institute’s Center for Financial Crime & Security Studies said that as regulatory expectations have shifted towards financial institutions in combating financial crime, UK banks are now expected to file Suspicious Activity Reports (SARs).… Continue Reading
British parliamentarians have urged sweeping reforms this month to the UK’s insolvency sector after an inquiry found the profession was operating like the “Wild West.”… Continue Reading
The Serious Fraud Office has been teetering on the brink for some time now. Several victims of its inept investigations have prompted some experts to question whether it remains fit for purpose.… Continue Reading
I was surprised to learn that the European Commission (EC) has recently threatened Luxembourg with daily penalties if it continues in its failure to implement the rules within the EU’s 4th Money Laundering Directive.… Continue Reading
Most of the globe has put itself into debt, taking out huge loans to pay for the costs of fighting Covid-19 and protecting employment infrastructures. With the flood of cash, fraud is running rampant.… Continue Reading
The global response to the pandemic has been varied, not only in a medical context but also at a fiscal level. Governments are desperately trying to save jobs and their economies.… Continue Reading
