Oben Law+Regulatory

Public statement concerning the imposition of a civil penalty under the Anti-Money Laundering & Countering the Financing of Terrorism (Civil Penalties) Regulations 2019 in respect of Nedbank Private Wealth Limited (‘NPW’) iomfsa.im/fsa-news/2023/…

New unit to clamp down on firms dodging Russian trade sanctions | Evening Standard standard.co.uk/news/politics/…

Australian authorities dismantles a major criminal organisation moving approx $1 billion in cryptocurrency. Syndicate (poss roots in Lebanon), is also alleged to have trafficked $652 million in drugs, firearms, tobacco. #moneylaundering #TF #Oben coinculture.com/au/policy-regu…

US Treasury: 100 ships in 30 countries helping Russia violate sanctions notices issued #shipping #sanctions #circumvention #Oben news.yahoo.com/us-treasury-10…

Interesting article re bankers and traders being pursued by leading investigator in long running German CumEx scandal #CumEx #regulation #investigation #Oben worldtimetodays.com/ms-fraudbuster…

Calls for PE firms to be regulated - The Secretive Industry Devouring the U.S. Economy - The Atlantic #regulation #PE #Oben theatlantic.com/ideas/archive/…

Lawmakers call on DOJ to consider charges against Binance, further investigate Tether over possible involvement in illicit finance | The Block #crypto #regulation #Oben theblock.co/post/259675/la…

Fascinating news coming out of Canada - involves leaks from RCMP and Hezbollah network. Great read #tippingoff #corruption #terrorism #networks #regulation #Oben thebureau.news/p/rcmp-leak-ca…

Prosecutions of financial crime fall short in the UK according to this interesting article by ICIJ #AML #FinancialCrime #Enablers #Oben #regulation icij.org/inside-icij/20…

Today we announced that we obtained a temporary restraining order, asset freeze, and other emergency relief to halt an ongoing fraud targeting the Indian American community that has raised nearly $130 million since April 2021. For more:

Citi banker fired for expensing his wife's lunch and then lying about it By @janee ☕️🥪🥤☕️☕️🥪 ft.com/content/a79341…

The IOM FIU has issued its 2022-2023 annual report amongst other things showing 3274 SARs submitted - the biggest contributor being EGaming #SARs #FIU #regulation #Oben tynwald.org.im/spfile?file=/b…

Long but interesting read - Triads, Snakeheads, and Flying Money: The Underworld of Chinese Criminal Networks in Latin America and the Caribbean #moneylaundering #Oben dialogo-americas.com/articles/triad…

Russian oligarch Oleg Deripaska asks court to render Australia’s sanctions regime invalid | #sanctions #Russia #Oben theguardian.com/australia-news…

Nearly 70% of criminal networks operating in the EU rely on money laundering, degrading the region's financial stability and impeding its economic growth, according to a new Europol report. bit.ly/3LJaph8

Millionaire philanthropist said to be involved in people trafficking #predicatecrime #trafficking #regulation #charity #Oben

Fentanyl claims tens of thousands of American lives every year. Vice President @Mike_Pence says he will punish the Chinese companies that make fentanyl precursor chemicals as well as the banks that launder cartel funds. Watch his full speech here: hudson.org/events/preside…

@jerseyruddy @Run4Kezia @esthermason We are super proud of the way the event went yesterday. It was a lot of fun and had a lot of meaning for many. A big thank you to our colleague and race director @jerseyruddy for the amazing way it was organised and smooth running on the day.

Fed warned Goldman Sachs over risk and compliance oversight at fintech unit ft.com/content/d17609… #tidk #duediligence #banking #regulation #Oben

Our posts dont usually consider the sporting pages but this is one not to be missed - an investigation into Chelsea’s hidden cash - premier league examining Abramovich era and payments to offshore companies #times #football #offshore #payments #Oben