Financial Crime Weekly Episode 42

Hello, and welcome to this week in financial crime. I’m your host, Chris Kirkbride. The world of financial crime has another busy week, with plenty of sanctions, money laundering, and cyber. Cyber, cyber, everywhere, so let’s crack on.

These are the links to the principal documents mentioned in the podcast:

Council of Europe: Group of States Against Corruption, Bulgaria: Council of Europe anti-corruption body publishes a report on corruption prevention and integrity concerning top executive functions and the police (press release).

Council of Europe: Group of States Against Corruption, FIFTH EVALUATION ROUND Preventing corruption and promoting integrity in central governments (top executive functions) and law enforcement agencies: EVALUATION REPORT BULGARIA (report).

Following the Rules, Lucy McNulty interviews Tom Hayes.

International Monetary Fund, Blog post: Crypto Contagion Underscores Why Global Regulators Must Act Fast to Stem Risk.

International Monetary Fund, Cyber Resilience—Delivering through Disruption.

UK Gambling Commission, Vivaro Limited Public Statement.

UK Gambling Commission, Online gambling business TonyBet fined £442,750.

UK Government, Factsheet: new information request power for the Solicitors Regulation Authority in relation to economic crime.

UK National Cyber Security Centre and The National Grid for Learning, Cybersecurity Schools Audit.

UK Parliament International Trade Committee, MPs to investigate effectiveness and impact of UK’s trade sanctions on Russia.

US Department of Justice, Speech by Assistant Attorney General, Kenneth A. Polite, Jr., Remarks on Revisions to the Criminal Division’s Corporate Enforcement Policy.

US Department of Justice, Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting.

US Depart of Justice, Arrest and Criminal Charges Against British and Russian Businessmen for Facilitating Sanctions Evasion of Russian Oligarch’s $90 Million Yacht.

US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), FinCEN Identifies Virtual Currency Exchange Bitzlato as a “Primary Money Laundering Concern” in Connection with Russian Illicit Finance.