Archives > 2007-01

Pierre Darier, who is the chairperson of the Bankers association in Switzerland, did not recognise the FATF's authority in a recent speech. Switzerland has already introduced rules to combat money laundering and terror financing, but the bankers called even stricter proposals by the Financial Action Task Force (FATF) uneconomical. Pierre Darier criticised a plan to make any market abuse such as insider dealing or price manipulation a crime rather than just an offence, saying not everything that went wrong in markets was because of criminal intentions. See speech (in French)

The following text was written by Oscar E. Mary, from Riveiro, Condoleo, Balan, Mary & Asociados (Buenos Aires Argentina) in the framework of Integra International, an association made of accountants, auditors, business and tax consultants. The word “prevention” applied to fraud is controversial to say the least, since it has proved to be extremely difficult to fully prevent the...

The the FSA's Financial Crime conference took place a dew days ago. John Tiner, Chief Executive, FSA, demonstraded the awareness of the FSA and the british financial community. See speech

The websites of bankers associations in the financial centres show that the Big Four are often members of these associations (Cf. British Bankers Association , Swiss Bankers Associations , and...

A couple of weeks ago an article that was published in Liberation by Mr Arnaud Montebourg , who is one of the co-authors of the reports on financial crime, that targeted the United Kingdom, the...