Financial Crime Compliance | Training | Advisory
THE MINISTRY of National Security’s Office of Law Enforcement Policy (OLEP) received 100 devices from Amalgamated Security Services as part of the ministry’s No Child Left Behind programme. The programme was recently launched by National Security Minister Stuart Young, a release from the ministry said, and it originates OLEP’s Morvant/Laventille Initiative, a programme aimed at…
Throughout 2020 the world saw multiple major hacks and breaches of schools, governments, and private companies as more systems moved online and the world adapted to the coronavirus pandemic — here are five of the most notable hacks and breaches of 2020.
President Muhammadu Buhari on Friday said he holds no grudges against Nigerians who feel his administration hasn’t made enough progress in the past five years, especially as it relates to insecurity. The President made the remark during his 2021 New Year message to Nigerians. Nigeria was inundated with multiple violent crimes in the past…
FG is committed to fulfilling the five demands of #EndSARS youths.
UK and EU attempt to ease Brexit paperwork burden Financial Times
China Banking and Insurance Regulatory Commission: All financial activities must be fully regulated in accordance with the law and operated under a license The head of the relevant department of the China Banking and Insurance Regulatory Commission responded to the reporter’s recent media concerns, saying that all financial activities must be fully regulated in accordance…
Biden’s Treasury nominee Yellen discloses paid speaking gigs for financial firms
Covid-19 pandemic has severely impacted country’s economy, says minister.
Most people who have encountered this term Hawala or Hundi may not fully grasp the meaning of it. Nowadays, we link these terms to money laundering or financial crime, however, they have roots in financial history before even the word money laundering was coined. Background The Hawala or Hundi are the same. In this paper,…
Trade-Based Money laundering accounts for “hundreds of billions” of dollars worldwide. So this article aims to describe all the components of trade-based money including its remediation. WHEN? Trade-Based Money Laundering started to raise its head in 1967 when the government of Colombia passed Decree-Law 444, which established restrictions on foreign exchange and foreign commerce. The…
