Reuters on March 18, 2016, 10:13 pm A pedestrian walks past the headquarters of Her Majesty’s Revenue and Customs (HMRC) in central London, Britain in this February 13, 2015 file photo. REUTERS/Stefan Wermuth/Files By Tom Bergin and Stephen Grey LONDON (Reuters) – British government efforts to crack down on money laundering and fraud through UK…
KPMG Baltics, the administrator of the to-be-liquidated Latvijas Krajbanka in January and February 2016 recovered EUR 9.43 million, informs LETA. The administrator recovered EUR 1,359,643 in January and EUR 8,068,755 in February, according to the report of the banks financial situation. In February Latvijas Krajbanka and Ernst & Young Baltic (EY) reached a settlement…
British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area – the role of company formation agents – a Reuters study of the sector shows. Some formation agents, who typically offer to create new businesses for fees of about 200 pounds ($288) or less,…
Thomson ReutersFile photo shows the shadow of the Shard cast across the financial district of London as seen from The View from The Shard By Tom Bergin and Stephen Grey LONDON (Reuters) – British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area –…