HMRC deserves a pat on the back for handing out record AML fines
The UK’s tax authorities should be congratulated on levying large fines against businesses that have breached strict anti-money laundering regulations.
TORONTO STAR: This is one list of leaders you don’t want to top: Global fines for financial institutions
With no fewer than four of the five biggest fines levied against financial institutions in 2020 against U.S. financial institutions, the new administration needs to do much more than merely combat poor business and regulatory practices.
NEWS: Inaugural Martin Kenney Award for ‘Outstanding Contribution to the Study of Financial Investigation’
We are pleased to announce the very first winner of the new Martin Kenney Award for Outstanding Contribution to the Study of Financial Investigation, presented in collaboration with the University of Central Lancashire’s (UCLan) School of Justice.
PODCAST: Managing cross-border asset tracing and recovery investigations
In his latest podcast interview, Martin Kenney discusses the most effective strategies in fraud cases, including tips on building an investigation in secret, employing criminal law alongside civil remedies, and the impact of fraud upon victims.
Merry Christmas & Happy New Year from MKS
Wishing you a very merry Christmas and Happy New Year from all of us at MKS.
TORONTO STAR: Money laundering is hurting investment in Canada
It is time for the government to address an issue that is damaging the international reputation of Canada, says Martin Kenney for The Toronto Star.
NEWS: SocGen ordered to return $150 million of Stanford Ponzi cash – “significant victory”
Society Generale has been ordered to return $150 million of cash stolen by Ponzi fraudster Allen Stanford Ponzi – a “significant victory” said Martin Kenney, general counsel to the joint liquidators of Stanford International Bank.
TORONTO STAR: Putting an end to the ‘snow washing’ of illicit funds in Canada
Canada needs to up its game. It still lacks the rigorous checks and balances needed to protect society from con artists who would exploit its financial systems.
Why We Should Charge for Access to Ultimate Beneficial Ownership Registers
OPINION: If we’re going to have public company registers, then make them accessible by a realistic fee – and bolster their robustness – writes Martin Kenney for ACFE Insights.
ACFE Canada conference: Martin Kenney keynote
Martin Kenney will be the keynote interviewee during the second day of the forthcoming virtual ACFE’s Fraud Conference Canada on Monday 2nd November.