Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls
Also in this newsletter: Von der Leyen goes to Moldova bearing gifts
Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House
Sting operation has already led to three arrests for ‘on-demand market manipulation’ on trading platforms
UK agency still potentially on hook for damages over mishandled probe into mining group
As the focus shifts from blaming customers to shutting down scammers, most victims will receive automatic refunds. But is it enough?
Crown Prosecution Service prepares to make charging decisions after Entain paid £615mn to resolve investigation
James Stunt is one of five men accused of allowing Mayfair offices to be used for criminal purposes
Ben la Grange becomes most senior executive to be held accountable for the €6.5bn fraud
FCA says lender’s efforts to identify potential money laundering ‘did not keep pace’ with its growth
Tech group to roll out channel for sharing of transaction intelligence
Wall Street regulator Finra has yet to respond to questions about its dwindling fines
New fraud rules will see some lenders dock customers’ compensation while others waive charges
Nick Ephgrave says ‘failure to prevent’ wrongdoing offence may spur ‘uptick’ in deferred prosecution agreements
Survey shows half of UK fraud victims gain at least a partial refund for their losses
Sam Bankman-Fried’s former associate and girlfriend had co-operated with prosecutors since pleading guilty
S Iswaran admits five charges in twist at start of rare trial in city-state
Legal battle over how UK-based bank pays its dividend
Beny Steinmetz mounts fresh attempt to have bribery conviction overturned, pointing to a cache of hacked documents
Dhaka central bank probes whether allies of autocrat Sheikh Hasina diverted upwards of £13bn overseas
Crypto exchange founder says its former lawyers’ ‘work for the prosecution’ denied him a fair trial
Antonio Neri says company will ‘see through’ effort to seek damages in UK court despite death of former Autonomy chief
Birgitte Bonnesen becomes first banker convicted over Estonia money-laundering affair
Move by Financial Conduct Authority marks first criminal prosecution for activity widely used for money laundering
Policymakers and police must work together on prevention while individuals should take more responsibility
