The Brazilian government on Tuesday issued a decree moving the Financial Activities Control Board (Coaf), which monitors nefarious financial activity such as money laundering, into a new Financial Intelligence Unit under central bank control.
Police in Brazil on Thursday arrested Eike Batista, the charismatic mining and oil magnate who was once the country’s richest man, on suspicion of money laundering and insider trading.
Venezuela's former intelligence chief, Cristopher Figuera, who fled the country after backing a failed uprising against President Nicolas Maduro in April, has told the Washington Post the regime could still fall.
Former Brazilian president Lula da Silva on Friday said the country is governed by a “gang of madmen” in his first interview from prison, where he is serving an almost nine-year sentence.
The defense of Florencia Kirchner presented before the Federal Oral Court 5 in charge of the “Los Sauces” case, her complete medical record and her residence address in Cuba on Monday, as requested by the Argentine Justice.
Jersey, Guernsey and the Isle of Man are not represented in the House of Commons, yet MPs are being asked to change laws in the islands. Some have warned the move could spark a constitutional crisis, and even calls for independence. So can MPs actually force the laws - making company ownership information public - on the Crown dependencies?
EU finance ministers approved on Tuesday the addition of 10 more countries to the EU’s blacklist of tax havens, which currently includes only five jurisdictions and aims to help prevent tax fraud or evasion.
The United States on Friday welcomed the blocking of a proposal to add a group of countries, including four American territories, to the EU money-laundering blacklist after almost all member states opposed it. The US ambassador to the European Union, Gordon Sondland, hit out at the dogmatic posturing of the European Commission, the bloc's executive arm.
The senator son of Brazilian President Jair Bolsonaro is under investigation by federal authorities for money laundering in connection to unexplained increases in his net worth, the prosecutor general’s office said on Thursday.
Swiss banking giant UBS has been fined €3.7bn (US$4.2bn) in a French tax fraud case. A court in Paris found that the bank had illegally helped French clients hide billions of Euros from French tax authorities between 2004 and 2012.