Financial Crime Weekly Episode 85
38m | Nov 26, 2023Hello, and welcome
to episode 85 of the Financial Crime Weekly Podcast, I’m Chris Kirkbride. It has been another bumper week for financial crime news again this week – a hat-trick of bumper weeks. Stories across every aspect of financial crime, so let’s crack on.
As usual, I have linked the main stories flagged in the podcast in the description. These are:
Australian government, 2023-2030
Australian Cyber Security Strategy.
European Central Bank, Interview with
Anneli Tuominen, Member of the Supervisory Board of the ECB, conducted by
Financial Action Task Force, Misuse of
Citizenship and Residency by Investment Programmes.
Financial Conduct Authority, FCA censures NMC
Health Plc (in Administration) for market abuse (press release).
Financial Conduct Authority, Final Notice: NMC
Health Plc (in Administration).
Foreign and Commonwealth Development Office and Office of Financial Sanctions Implementation, Ownership and
Control: Public Officials and Control guidance.
International Monetary Fund, IMF Executive
Board Completes the First Reviews Under the Extended Credit Facility and
Extended Fund Facility Arrangements for Papua New Guinea.
National Cyber Security Centre, UK and Republic of
Korea issue warning about DPRK state-linked cyber actors attacking software
National Intelligence Service, ROK-UK Joint Cyber
Security Advisory (DPRK actors conduct S/W supply chain attacks).
Securities and Exchange Commission, SEC Charges Kraken for Operating as
an Unregistered Securities Exchange, Broker, Dealer, and Clearing Agency.
SmartSearch, Sanctions
screening by regulated firms plunges almost 50 per cent, reveals SmartSearch
UK government, UK and Republic of
Korea to enforce sanctions against North Korea through joint sea patrols (press
UK judgments, Litasco SA v Der
Mond Oil and Gas Africa SA [2023] EWHC 2866 (Comm).
US Department of Justice, Monmouth County
Man Convicted of Tax Evasion in Securities Fraud Scheme.
US Department of Justice, Ex-Spouses Plead
Guilty to Receiving and Laundering Money Stolen from Retirement and Investment
US Department of Justice, Pharmacy Owners
and Doctor Convicted for $145M Health Care Fraud, Money Laundering, and Tax
US Department of Justice, COVID-19 Relief
Fraudster Convicted of Bank Fraud.
US Department of Justice, Former General
Motors Manager Found Guilty of Conspiring to Receive Bribe from Foreign Parts
US Department of Justice, British
Reinsurance Brokers Resolve Bribery Investigations.
US Department of Justice, San Antonio Man
Indicted for Defrauding Federal COVID-Era Programs.
US Department of
Justice, Binance and CEO
Plead Guilty to Federal Charges in $4B Resolution (press release).
US Department of
Justice, Attorney General
Merrick B. Garland Delivers Remarks Announcing Binance and CEO Guilty Pleas to
Federal Charges in $4B Resolution.
US Department of Justice, Deputy Attorney
General Lisa O. Monaco Delivers Remarks Announcing Binance and CEO Guilty Pleas
to Federal Charges in $4B Resolution.
US Department of Justice, United States
Files Forfeiture Action to Recover Cryptocurrency Traceable to Fraud Scheme.
US Department of the Treasury, Remarks by
Assistant Secretary Graham Steele at the Federal Insurance Office and NYU Stern
Volatility and Risk Institute Conference on Catastrophic Cyber Risk and a
Potential Federal Insurance Response.
US Department of the Treasury, U.S. Treasury
Announces Largest Settlements in History with World’s Largest Virtual Currency
Exchange Binance for Violations of U.S. Anti-Money Laundering and Sanctions
US Department of the Treasury, Settlement
US Department of the Treasury, Enforcement
