The United States (“US”) has continued to strengthen its sanctions against Iran. This post provides a synopsis of the latest developments, including the ongoing push…
Hong Kong continues to keep up the pace on anti-money laundering and counter-terrorist financing (“AML/CTF”) reforms in 2018. The Companies Registry (“CR”) has become the…
The Securities and Futures Commission (“SFC”) issued a robust circular on 31 August 2018 in relation to the adequacy of licensed corporations’ (“LCs”) Anti-Money Laundering…
This post was written by Urszula McCormack and Nikita Ajwani With an estimated 40.3 million slavery victims globally[1], and an estimated 29,500 victims of trafficking…
On 13 July 2017, the Hong Kong Legislative Council (“LegCo”) passed the long-awaited Apology Bill. It came into effect on 1 December 2017. While other…
Hong Kong’s financial institution regulators have announced a significant change to the customer due diligence (“CDD“) requirements for anti-money laundering and counter-terrorist financing (“AML/CTF“) purposes. Effective…
Charges for insider dealing are ripe for news headlines – often involving covert arrangements between individuals and driven by greed and exploitation of positions of…
We have recently covered corruption and bribery across sport, business and politics. In a timely development, the Wolfsberg Group, an industry association of thirteen global…
Another day, another football scandal but this time it’s close to home. On 28 June 2017, Hong Kong’s Independent Commission Against Corruption “(ICAC”) charged five former…
A construction contractor in Hong Kong has been suspended and its staff arrested for corruption in relation to the alleged falsification of tests on concrete…
