Archives > 2007-09

In order to promote the financial center outside the borders, the Luxembourg Governement has set up in an « agency for the development of the financial centre ». The will is to develop Luxembourg’s financial place and have it become a privileged place for business in the competitive environment. The will is as well to promote a good image of the center worldwide. Unfortunately such communication will fail as their is no will to change the bogus pragmatism which is actual negligence. As Christian Maréchal (Meurtres à l’ombre de la qualité, INSEP, 2002) wrote: behind the frontage...

A recent press release from the Metropolitan Police states that two men have been sentenced to a total of six years' imprisonment and a woman given a suspended sentence for laundering in excess of £15 million, believed to be the proceeds of drugs. Detective Superintendent Trevor Shepherd, Met's Economic and Specialist Command, said: " This case demonstrates once again the potential...

The FSA provides information on the new responsibilities under the Money Laundering Regulations 2007. These Regulations will bring the Third EU Money Laundering Directive into effect in the UK. It...

The Proceeds of Crime (Substitution of Schedule 2) (Jersey) Regulations 200- (the “Regulations”) amend Schedule 2 so that it defines the sectors to which measures will apply in a way that is...

The Minister agreed to lodge the draft Proceeds of Crime (Substitution of Schedule 2) (Jersey) Regulations 200- and instructed officers to make the necessary arrangements : - To address the...