According to a recent report by Marketing Insights, the anti-money laundering market is expected to grow with a CAGR of 11% in the next 5 years.  Truth Technologies is mentioned…

This is an excerpt of a remarkable article by Alice BrightSky, senior director of Fordham Law's compliance programs. Why People Commit White Collar Crimes (And How to Stop Them) ...Perpetrators…

Islamic banking in Luxembourg and the conflict of law The financial center of Luxembourg, in its quest for diversification away from former niche banking made impossible through automatic reporting, has…

FedEx pleads not guilty to online pharmacy charges As reported by CNBC: "The shipping company is accused of delivering controlled substances and prescription drugs from illegal Internet pharmacies despite multiple…

US Corruption investigation looks for part of $1 billion bribes in Luxembourg The Wall Street Journal reported today about the US Department of Justice's effort to seize $1 billion in…

US-Luxembourg FATCA treaty signing ceremony Embassy report: On Friday (note: March 28) Ambassador Mandell and Finance Minister Gramegna signed The Foreign Account Tax Compliance Act, or FATCA, an agreement which…

In an article today, the Wall Street Journal carries a lengthy report about BNP Paribas' problems with the US Justice Department and regulators. It is an elaboration on former news,…

Quotes from the South China Morning Post: "The bonds, the first to be listed in the euro zone by a Chinese firm, will be issued by BOC’s Luxembourg branch and…

The Wall Street Journal reports: "The Paris-based lender said Thursday it set aside $1.1 billion for possible violation of laws, in particular those of the U.S. Treasury's Office of Foreign…

US Treasury fines Luxembourg Firm for Skirting Iran Sanctions Clearstream Banking S.A. settled with the US Office of Foreign Assets Control (OFAC) over the allegations to have violated US Iran…