by AdrianaAMLP | Mar 2, 2023
Ericsson breached the DPA by violating the agreement’s cooperation and disclosure provisions. Ericsson will plead guilty to engaging in a long-running scheme to violate the FCPA by paying bribes, falsifying books and records, and failing to implement reasonable...
by AdrianaAMLP | Feb 7, 2023
US DOJ Annual Fraud Report 2022 shows the critical role that whistleblowers play in securing these recoveries for the government: of the $2.2 billion recovered, $1.96 billion – 89% – was recovered in cases initiated by whistleblowers under the False Claims Act. This...
by AdrianaAMLP | Jan 23, 2023
The report insists Monaco faces significant ML risks, mostly due to the “internationally oriented financial activities” that are being offered – and the Principality is a “prime target” for illicit cross-border financial flows. In most cases, frauds are committed...
by AdrianaAMLP | Dec 19, 2022
The house of parliament have passed two significant pieces of legislation in efforts to tighten the country’s laws on ML, corruption, and terrorism. The primary laws of the AML and CFT amendment bill and the protection of consultation democracy against terrorism...
by AdrianaAMLP | Dec 4, 2022
Publicly available beneficial ownership registries are a key tool for exposing corruption and financial crimes like ML. In what OCCRP dubbed the “OpenLux” project, members and partners used this data to uncover secret Luxembourg companies used…
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