Flexi GroupSep 5, 20222 minUS ends 10-year probe into HSBC as cartels' "favourite financial firm"The US Federal Reserve has ended a 10-year enforcement case against HSBC for money laundering and sanctions violations. Back in 2012, the...
Flexi GroupSep 2, 20225 minAcquittal of upheld ex-Alstom executive confirms 'setback' for FCPA's reachA Foreign Corrupt Practices Act case that has been the subject of a back-and-forth legal dispute for over ten years seems to have reached...
Flexi GroupAug 31, 20222 minKPMG South Africa fined $275K for utilising an unregistered firmKPMG South Africa and two of its partners were penalised a total of $275,000 by the Public Company Accounting Oversight Board (PCAOB) for...
Flexi GroupAug 30, 20221 minCommerzbank is fined HK$6M (€768K) by the Hong Kong Monetary Authority for AML violationsThe Hong Kong Monetary Authority (HKMA) penalized the Hong Kong branch of Commerzbank HK$6M (€768K) for AML/CFT violations. The HKMA said...