Predicate Crimes
16th February 2016
Following the ending of the consultation period on a number of proposed legislative changes, that were set out in Consultation Paper No. 104, the DFSA Board, after due consideration of consultees’ comments, made amendments to the DFSA Rulebook as described below. Please bear in mind that changes may have been made to the legislation originally proposed in the relevant consultation paper. Read More
12th February 2016
Southwark Crown Court today ordered almost £2.65 million to be returned to investors who had invested in a fraudulent collective scheme established and operated by Alex Hope. Read More
11th February 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Consent Order imposing a permanent injunction against CFTC Defendants Cindy Vandivier and Paul Vandivier of Coconut Creek, Florida. Read More
11th February 2016
Libya & Iran – GFSC: Please be advised that there have been a number of developments in relation to the Bailiwick’s sanctions regime.  These developments concern sanctions relating to Terrorist Financing, Al-Qaida, Libya and Iran. Read More
3rd February 2016
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Defendants Oakmont Financial, Inc. (Oakmont) of Boynton Beach, Florida, and Joseph Charles DiCrisci of New York, New York, an Oakmont owner and… Read More
1st February 2016
UK – The U.K. Treasury intends to apply anti-money laundering regulation to digital currency exchanges in the UK. Read More
27th January 2016
India – A Protocol to amend the existing Double Taxation Avoidance Convention was signed by the Government of India and the Government of Armenia on the 27th day of January, 2016 in New Delhi. Read More
27th January 2016
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Deutsche Bundesbank (Bundesbank) regarding cooperation and the exchange of information in the supervision and oversight of clearing organizations that operate… Read More
25th January 2016
India & France – Prime Minister Narendra Modi and President Francois Hollande held their third bilateral meeting in nine months on the second day of the French president’s three-day India visit, on Monday. Apart from signing a general joint statement, the two heads of government also inked… Read More
21st January 2016
Mumbai: Rising risks around cybercrime, internal fraud, bribery and corruption have been “key concerns” for Indian organisations over the past two years, according to a recent study. Read More