frame_main_header_title
  Home frame_main_breadcrumb_about frame_main_breadcrumb_contact    
 
21 OCTOBER 2017
Keep up to date with developments in fraud and money laundering compliance, regulation and developments. Only £295 for a full year's access and six printed newsletters.

Subscribe now

Welcome to

Fraud Watch

Fraud Watch is the premier title reporting on fraud and money laundering in financial services. Providing a daily news service, it publishes contributed articles from industry experts; it reports extensively on the latest compliance requirements, laws and regulatory changes, and gives very wide coverage of the latest court cases, ongoing investigations and fraud threats. It reports on security issues, including data, PCI requirements, systems security, diagnostics and forensics including the cyber threat.

  Main story  
     
 
Thursday, 19 October 2017

Former top Rio Tinto execs charged
Company also accused in asset fraud case Read more ...

 
     

Latest feature
     
 
De-risking threat to financial integrity

FATF and G7 call for more balance to resolve contentious issue that threatens both inclusion and security of the financial system
Faced with increasing AML penalties and compliance costs in business areas such as remittances and charities, some banks have chosen to stop offering services to clients in these sectors.
Read more ...
 
     
 
Don't miss
     
   
     

 
 Latest news 
 
Month's news
 
   Most read  
 
    Features   
 
     
 
article thumbnail News - ResearchFriday, 13 October 2017

Hackers switch focus from banks to cryptocurrencies
Sate-sponsored attacks on infrastructure n increasing threat to FIs
Read more ...

News - Money launderingThursday, 12 October 2017

Taiwan beefs up financial crime controls
Increased emphasis on confiscation brings success Read more ...

News - Bribery and corruptionWednesday, 11 October 2017

Five arrested over Venezuela fraud claims
US$200m alleged to have been embezzled from state oil firm Read more ...

News - Bribery and corruptionMonday, 09 October 2017

Russian courts helping to ‘legalise’ proceeds of corruption
Oligarchs can use local trials to block allegations Read more ...

News - InvestigationsFriday, 06 October 2017

Rio Olympics boss arrested for fraud and corruption
Alleged vote buying to win Games
Read more ...

News - TechnologyThursday, 05 October 2017

Featurespace raises £16.5m to drive international growth
Worldpay and Invoke Capital are investors Read more ...

article thumbnail News - Bribery and corruptionWednesday, 04 October 2017

Banks warned about corrupt Venezuelan money flows
Advisory sets out red flags to look for Read more ...

News - Data securityTuesday, 03 October 2017

Equifax breach worse than suspected
US numbers increased, Canadians downgraded Read more ...

News - RegulationMonday, 02 October 2017

SEC makes first initial coin offering charges
Businessman and two companies accused of selling “non-existent” digital coins Read more ...

News - Court casesWednesday, 27 September 2017

CEO and COO of collapsed oil giant charged
Pair stand trial over Nigeria business deals Read more ...

News - Research
Hackers switch focus from banks to cryptocurrencies
Maxine Wernick - Friday, 13 October 2017

News - Money laundering
Taiwan beefs up financial crime controls
Maxine Wernick - Thursday, 12 October 2017

News - Bribery and corruption
Five arrested over Venezuela fraud claims
Maxine Wernick - Wednesday, 11 October 2017

News - Bribery and corruption
Russian trials helping to ‘legalise’ proceeds of corruption
Maxine Wernick - Monday, 09 October 2017

News - Investigations
Rio Olympics boss arrested for fraud and corruption
Maxine Wernick - Friday, 06 October 2017

News - Technology
Featurespace raises £16.5m to drive international growth
Maxine Wernick - Thursday, 05 October 2017

News - Bribery and corruption
Banks warned about corrupt Venezuelan money flows
Maxine Wernick - Wednesday, 04 October 2017

News - Data security
Equifax breach worse than suspected
Maxine Wernick - Tuesday, 03 October 2017

News - Regulation
SEC makes first initial coin offering charges
Maxine Wernick - Monday, 02 October 2017

News - Court cases
CEO and COO of collapsed oil giant charged
Maxine Wernick - Wednesday, 27 September 2017

News - Data security
Equifax CEO steps down
Maxine Wernick - Tuesday, 26 September 2017

News - Bribery and corruption
Seven convictions in Bertling case
Maxine Wernick - Tuesday, 26 September 2017

News - Cybercrime
SEC sets up Cyber Unit to protect investors
Maxine Wernick - Tuesday, 26 September 2017

News - Money laundering
The six criminal types driving money laundering
Maxine Wernick - Monday, 25 September 2017

News - Research
Data breaches rocket by 164%
Maxine Wernick - Friday, 22 September 2017

News - Cybercrime
US regulator reveals it was hacked
Maxine Wernick - Thursday, 21 September 2017

News - Research
Fraudsters target 20-somethings
Maxine Wernick - Thursday, 24 August 2017

News - Data security
PCI security failures stick at 50%
Administrator - Thursday, 31 August 2017

News - Company news
Fraud Watch at the 35th Cambridge Economic Crime Symposium
Administrator - Thursday, 31 August 2017

News - Bribery and corruption
France plugs anti-corruption gaps with DPAs
Maxine Wernick - Monday, 11 September 2017

News - Compliance
Compliance boss fined and suspended for faulty SEC filing
Maxine Wernick - Wednesday, 23 August 2017

News - Investigations
German retail boss investigated for accounts fraud
Maxine Wernick - Friday, 25 August 2017

News - Technology
Is bitcoin “a fraud”?
Maxine Wernick - Wednesday, 13 September 2017

News - Bribery and corruption
State corruption: Stop asset theft at source
Maxine Wernick - Wednesday, 13 September 2017

News - Money laundering
Law enforcement and banks plan global information sharing structure
Maxine Wernick - Tuesday, 12 September 2017

News - Research
European banks fined ten times more than US counterparts
Maxine Wernick - Tuesday, 19 September 2017

News - Data security
Equifax CEO steps down
Maxine Wernick - Tuesday, 26 September 2017

News - Bribery and corruption
Russian trials helping to ‘legalise’ proceeds of corruption
Maxine Wernick - Monday, 09 October 2017

News - Court cases
CEO and COO of collapsed oil giant charged
Maxine Wernick - Wednesday, 27 September 2017

News - Research
Data breaches rocket by 164%
Maxine Wernick - Friday, 22 September 2017

News - Regulation
Company liability for lack of fraud prevention still under discussion
Maxine Wernick - Friday, 08 September 2017

News - Bribery and corruption
Seven convictions in Bertling case
Maxine Wernick - Tuesday, 26 September 2017

News - Bribery and corruption
Call for global measure of economic crime
Maxine Wernick - Wednesday, 20 September 2017

News - Bribery and corruption
Five arrested over Venezuela fraud claims
Maxine Wernick - Wednesday, 11 October 2017

News - Data security
Equifax breach worse than suspected
Maxine Wernick - Tuesday, 03 October 2017

News - Cybercrime
SEC sets up Cyber Unit to protect investors
Maxine Wernick - Tuesday, 26 September 2017

article thumbnail Features - ComplianceThursday, 30 March 2017

AML requirements: Are the stakes increasing?
Financial controls for AML continue to rise up the agenda for regulators on both sides of the Atlantic. Financial institutions in Europe must soon comply with the EU’s Fourth AML Directive, and new US regulations mean firms are increasingly required to put in place an ongoing review and improvement approach to AML monitoring.

Colin Bristow of SAS examines what the future holds for financial controls.
Read more ...

article thumbnail Features - ComplianceMonday, 23 January 2017

Rolls-Royce: Finally some bragging rights for the SFO?
The £671m deferred prosecution agreement with the aero engine maker marks a successful end to the Serious Fraud Office’s  biggest ever investigation, argue Kelly Hagedorn and Jessica Veitch of legal firm Jenner & Block. Read more ...

article thumbnail Features - ComplianceFriday, 16 December 2016

2017 Predictions: The year ahead in fraud, compliance & security
The experts tells us about the major risks, threats and challenges for the next 12 months:
- Ransomware, IoT Risks, AML fines, The rise of the SWIFT-heist middlemen, Vigilante hackers, AML5, Nation state hacks Read more ...

article thumbnail Features - ComplianceThursday, 15 December 2016

Regulation rollback under Trump
The impact of the new presidency on:

- Dodd-Frank Act
- Sarbanes-Oxley
- Basel IV capital rules
- US extra-territoriality
- Alternative lenders
- Bank stress tests
- Compliance staff levels Read more ...

article thumbnail Features - CybercrimeFriday, 02 December 2016

Global cyberattack report
- Where to report attacks: Country-by country details
- The Regional Picture: Asia-Pacific, European Union reporting requirements
- Mixed messages on business response to cyberattacks
- Tech and customer facing functions often at adds Read more ...

 
     
Do you have a fraud early warning system? SUBSCRIBE to keep informed of the latest card, financial fraud and money laundering issues.

Fraud links