Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.
Global Glimpses

“Global Glimpses” follows compliance, risk, and corporate governance news both in Europe and around the world. It covers developments at the International Accounting Standards Board, as well as global regulation, anti-bribery, and corruption enforcement, along with other compliance developments abroad. Global Glimpses is written by contributor Paul Hodgson. Hodgson welcomes questions, comments, and statements from readers on global issues and will address them here when appropriate. Readers can contact him at paul.hodgson@complianceweek.com.
10 results found, filtered by:
-
Global Glimpses Blog
Chemring faces bribery probe by Serious Fraud Office
Jaclyn Jaeger | January 18, 2018
The U.K. Serious Fraud Office confirmed today that it has opened an investigation into Chemring Group and its subsidiary, Chemring Technology Solutions Limited (CTSL) following a self-report made by CTSL.
-
Global Glimpses Blog
Deutsche Bank latest to come under fire for lax AML controls
Jaclyn Jaeger | September 24, 2018
Deutsche Bank has become the fourth bank in the past month to get into regulatory trouble for having lax anti-money laundering controls in place, joining Danske Bank, ING, and Credit Suisse.
-
Global Glimpses Blog
EU tackles tax abuse in the wake of Panama Papers
Paul Hodgson | July 26, 2016
The Panama Papers document leak shed much light on a deep and pervasive effort to evade taxes. Since then, the European Union has passed a number of new rules to improve tax transparency and close tax loopholes. According to CW’s Paul Hodgson, the EU is only just getting started.
-
Global Glimpses Blog
Fallout of corruption in South Africa worries U.K. government
Jaclyn Jaeger | October 31, 2017
The House of Lords, the U.K. Parliament’s upper chamber, debated this month what action the U.K. government is taking to prevent money laundering through British banks by families and businesspeople linked to the government of South Africa.
-
Global Glimpses Blog
London bank official jailed for taking bribes
Jaclyn Jaeger | June 27, 2017
A U.K. court on 20th June sentenced a former London bank official to six years in prison for accepting more than £2million in bribes in return for approving large loans.
-
Global Glimpses Blog
Paradise for money launderers
Paul Hodgson | November 21, 2017
A look at what the Paradise Papers uncovered, the European Union’s reaction, and what progress needs to be made on implementing proper disclosure and transparency to thwart future money laundering enterprises.
-
Global Glimpses Blog
SFO: Tell-tale signs of money laundering
Jaclyn Jaeger | January 9, 2018
Serious and organised crime costs the United Kingdom an estimated £24 billion a year, states a new government report setting out the threats posed by money laundering. With the report, the government relaunched its “Flag it Up” campaign to raise awareness and show how the legal and accountancy sectors can stamp out money laundering.
-
Global Glimpses Blog
Standard Chartered Bolsters Its Financial Crime Unit
Aarti Maharaj | August 12, 2015
Standard Chartered is adding more staff to its financial crimes team, following a probe by U.S. regulators for an alleged breach in sanctions laws that resulted in a $400 million fine in 2012. In its first-half results announced last week, the bank said, “There is a range of potential penalties for sanctions compliance violations, which could ultimately include substantial monetary penalties, additional compliance and remediation requirements, and/or additional business restrictions.” More inside.
-
Global Glimpses Blog
U.K. government further tightens AML net
Paul Hodgson | December 21, 2018
A reform package introduced recently by the U.K. government aims to increase transparency and tackle corruption in limited partnerships.
-
Global Glimpses Blog
U.K. introduces bill to tackle criminal financing
Jaclyn Jaeger | October 28, 2016
The U.K. government has published legislation that gives law enforcement agencies new powers to tackle money laundering and corruption, seize the proceeds of crime, and counter terrorist financing. Jaclyn Jaeger reports.
Displaying 10 results