Major Companies House change launched as business leaders called to action April 8, 2025 Business leaders can now verify their identity on Companies House as part of a major drive designed to slash economic crime. As of today, 8 April, directors can voluntarily verify their identity before it becomes a legal requirement later this year. More than six million individuals will need to comply in the 12 months after [...]
Metro Bank given hefty fine by City regulator for financial crime failings November 12, 2024 The Financial Conduct Authority (FCA) said that Metro Bank had failed to adequately monitor over 60m transactions for money laundering risks between June 2016 and December 2020.
UK urged to lead ‘cross-border war’ against fraudsters as billions lost September 30, 2024 In a new report, the Social Market Foundation (SMF) estimated that 21 per cent of adults globally have been victims of fraud in the last three years.
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
Election 2024: Dirty money ‘won’t create growth’, Labour candidate warns June 27, 2024 Dirty money is “not going to create growth in this country”, a former anti-corruption campaigner-turned-Labour candidate has said.
Brits lost more than £1bn to fraudsters last year as purchase scams hit record high May 22, 2024 Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.
From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police May 10, 2024 A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said.
SFO makes strides on disclosure but funding crucial to fixing problems, report finds April 30, 2024 The UK's anti-fraud agency has made progress in reforming how it manages evidence disclosure in its high-profile cases, but more government funding is needed to help fix the problems, a report has found.
Why the FCA will name firms we are investigating April 29, 2024 The FCA will name some firms that are subject to enforcement investigations to reassure people that rules are upheld and integrity enforced
If Hustle was on TV today, the first mark would be Boris Johnson April 25, 2024 Hustle aw corrupt bankers get their comeuppance in the wake of the financial crash. Today's villains aren't businessmen but politician