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The Standard
HKMA Should probe Banks over Money Laundering for subversion

As the number one public enemy of our financial system is money laundering, terrorism and funding of subversive activities, it is strongly suggested that the Hong Kong Monetary Authority, which is vested with such responsibilities as surveillance, regulation and enforcement, take urgent initiative to investigate whether such suggestions are founded or otherwise.

United States Department of Justice
Former Washington Resident Pleads Guilty to Wire Fraud and Money Laundering in Fraudulent IPO Stock Scheme

A former Seattle area resident who defrauded dozens of investors of at least $5.8 million pleaded guilty today in U.S. District Court in Seattle to wire fraud and money laundering, announced U.S. Attorney Brian T. Moran.  

REUTERS
Singapore steps up scrutiny of shell firms to combat money laundering

Singapore’s central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said.

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South China Morning Post
Brazil ex-billionaire and entrepreneur Eike Batista out of jail amid corruption investigation

Once one of the world’s richest men, Brazilian entrepreneur Eike Batista was out of jail Sunday after having been detained for violating terms of his house arrest, prison officials said.

MIT Technology Review
New money-laundering rules change everything for cryptocurrency exchanges

Complying with regulators could mean the difference between going mainstream and remaining forever on the margins of the global financial system.

REUTERS
Geneva prosecutors indict billionaire Steinmetz in Guinea corruption case

A Swiss prosecutor said on Monday he was seeking prison terms for Israeli billionaire Beny Steinmetz and two associates over the alleged payment of bribes linked to the allocation of mining licences in Guinea between 2005 and 2010.

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Vox
Why banks kept doing business with Jeffrey Epstein

There is a lot of mystery surrounding Jeffrey Epstein before and after his death, including when it comes to how he made his money, or even how big his fortune was. But we do know that some of the biggest banks in the world did business with him, despite reported internal flags about the risks.

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YAHOO NEWS
British police freeze $121 million in accounts on bribery fears

There is a lot of mystery surrounding Jeffrey Epstein before and after his death, including when it comes to how he made his money, or even how big his fortune was. But we do know that some of the biggest banks in the world did business with him, despite reported internal flags about the risks.

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TIMES OF MALTA
Money laundering fight ‘doesn’t seem like a priority’ – Moneyval

Moneyval experts were “not convinced” that Malta effectively investigates and prosecutes high-level money laundering, bribery, and corruption cases, viewed as one of the island’s main shortcomings.

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Channel News Asia
US scientist to file whistleblower complaint after agency halts his climate work

A climate scientist for the Trump administration's health protection agency who was ordered to drop work on climate issues will file a whistleblower complaint this week with the US Office of Special Counsel, his lawyers said on Wednesday.

Al Jazeera
South Africa: Relief for President Ramaphosa in corruption case

President Cyril Ramaphosa has won the latest round of a legal battle with South Africa's anti-corruption watchdog.

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euronews.
Brazil anti-corruption crusader backs Bolsonaro 2022 re-election

Brazilian Justice Minister Sergio Moro, who oversaw the country's biggest-ever corruption probe as a federal judge, said on Monday he has no interest in elected office and that President Jair Bolsonaro is his candidate for the 2022 election.

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