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U.S. Banks Picking Mexican Drug Cartels’ Side In The U.S.’s War On Drugs
May 19th, 2011
If I told you that while the United States is engaged in a costly war against illegal drugs and the vicious cartels that traffic them, U.S. banks are willfully flouting U.S. and Mexican laws and helping these cartels launder their money, would you believe me? For decades the U.S. has served as a safe haven for the ill-gotten finances of corrupt foreign leaders and their ilk. Former foreign government ministers, military leaders, and corrupt heads of state have mansions, businesses, and bank accounts here. The banks who facilitate much of these activities are required by law to conduct...
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Norwegian State Secretary Delivers Speech At The Fourth UN Conference on Less Developed Countries
May 19th, 2011
ISTANBUL – State Secretary Ingrid Fiskaa spoke at the Fourth UN Conference on the LDCs, identifying illicit financial flows due to trade mispricing, tax evasion, trafficking, the drugs and arms trade, and corruption as one of the structural causes of poverty as well as one of the major threats facing sustainable development, along with climate change, armed conflicts, and a lack of political and economic empowerment for women and girls.
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Friday’s Daily News Digest
May 13th, 2011
UN report calls for more tax information exchange Cayman News Service, May 13, 2011 Deal stopped probes on global corruption The Australian, May 13, 2011 Nigeria: PIB - Senate Denies N2.5 Billion Bribery Allegation allAfrica.com, May 12, 2011 Norway probing Yara for ‘paying’ bribe in India Daily News & Analysis, May 13, 2011 U.S. Tax Laws Change The Rules Of The Game Forbes, May 13, 2011 Dealpolitik: Microsoft’s Brilliant, Legal Tax Dodge The Wall Street Journal, May 11, 2011
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Thursday’s Daily News Digest
May 12th, 2011
Foreign Policy: Next, Let's Get Bin Laden's Financiers NPR, May 12, 2011 Companies connected to money-laundering scandal Montreal Gazette, May 12, 2011 Money laundering involves more than just cash transactions FINTRAC Director tells Anti-Money Laundering Conference FINTRAC (News Release), May 10, 2011 FBI: Some US rogue firms operate in Indonesia The Jakarta Post, May 12, 2011 Seeking Business, States Loosen Insurance Rules New York Times, May 8, 2011 Pop stars among investors hit by taxman's victory The Guardian, May 11, 2011
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