Financial Crime Weekly Episode 44

Hello, and welcome to this week in financial crime. I’m your host, Chris Kirkbride. A good deal spinning around the world of financial crime this week. Some sanctions news, more on corruption from TI, as well as money laundering and fraud. Oh, and cyber, cyber, everywhere, so let’s crack on.

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

Council of the European Union, Russia: EU prolongs economic sanctions over Russia’s military aggression against Ukraine.

European Public Prosecutor’s Office, Lithuania: EPPO uncovers €580 000 fraud, EU funds fully recovered.

Financial Action Task Force, FATF Annual Report 2021-2022.

National Crime Agency, New SAR Portal FAQs.

National Crime Agency, Cyber Choices game.

Office of Financial Sanctions Implementation, OFSI General Licences (updated).

Office of Financial Sanctions Implementation, Russian Oil Services ban (updated).

Office of Financial Sanctions Implementation, Who is subject to financial sanctions in the UK? (updated).

Pinsent Masons, Data suggests Russia-Ukraine conflict impact on cyber threats.

Serious Fraud Office, Serious Fraud Office secures three convictions in $500 million trade finance fraud.

Transparency International, Corruption Perceptions Index 2022.

UK government, Corruption crackdown under new government anti-money laundering laws.

UK Insolvency Service, Birmingham scaffolder given 11-year ban for abuse of Covid-19 financial support.

UK Insolvency Service, Postmasters impacted by Horizon who may have been made bankrupt.

UK Parliament, Lords scrutinises Economic Crime and Corporate Transparency Bill.

US Department of the Treasury Office of Foreign Assets Control, Treasury Targets Global Sanctions Evasion Network Supporting Russia’s Military-Industrial Complex.

US Government Accountability Office, Emergency Relief Funds: Significant Improvements Are Needed to Address Fraud and Improper Payments.