Bankers commend BoGGhanaWebThe Financial Action Task Force (FATF), a global body, blacklisted Ghana for almost a year for failing to institute adequate measures in its financial services sector to check money-laundering and identify funding of terrorist activities. The country's …and more
Source: Money Laundering

Car parts gang used money launderer's bank accountThe Bolton NewsA CRIMINAL who laundered money for a gang who sold stolen car parts has avoided a prison sentence. Ayas Patel admitted allowing his personal bank account to be used by one of the key players in the money laundering racket. But he told Manchester …and more
Source: Money Laundering

Capital Magazine

Mauritius should focus on being an International Financial Centre, according to Mathew Beale, former Senior Managing Director of Jersey Financial Services Commission, United Kingdom. The compliance expert also believes the Mauritian version of the Financial Services Commission should make sure regulation is enforced, as a cleaner market is attracting businessmen to Singapore.

Read the full article here, which starts on Page 4 – Capital 94