Hello, and welcome to episode 188 of the Financial Crime Weekly Podcast, I am Chris Kirkbride. In this episode, beginning with sanctions, where the UK government has published a comprehensive starter guide for businesses and imposed asset freezes on two entities, Embers of an Empire and Rampage Productions, for alleged links to terrorism through music. The US has also taken action, sanctioning Indian nationals and an online pharmacy for trafficking counterfeit fentanyl pills. In money laundering news, a joint effort by Eurojust and Europol dismantled a sophisticated network laundering at least €30 million through gold bar transactions across France and Italy, seizing nearly 100 kilos of gold and luxury assets. We cover significant fraud operations, including INTERPOL’s Operation HAECHI VI, which recovered $439 million globally from various cyber-enabled financial crimes, and the situation surrounding global insurer Allianz, which is grappling with a surge in fraud detection in the UK while simultaneously facing a $16.8 million fine in Australia for misleading claims. Rounding out the episode, we look at the EU demanding that major tech platforms like Google and Apple disclose their anti-scam measures under the Digital Services Act and discuss the recent UK arrest connected to the cyber-attack on Collins Aerospace that disrupted European flights.A transcript of this podcast, with links to the stories, will be available at <a href="http://www.crimes.financial/" rel="nofollow">www.crimes.financial</a>.

Hello, and welcome to episode 188 of the Financial Crime Weekly Podcast, I am Chris Kirkbride. In this episode, beginning with sanctions, where the UK government has published a comprehensive starter guide for businesses and imposed asset freezes on two entities, Embers of an Empire and Rampage Productions, for alleged links to terrorism through music. The US has also taken action, sanctioning Indian nationals and an online pharmacy for trafficking counterfeit fentanyl pills. In money laundering news, a joint effort by Eurojust and Europol dismantled a sophisticated network laundering at least €30 million through gold bar transactions across France and Italy, seizing nearly 100 kilos of gold and luxury assets. We cover significant fraud operations, including INTERPOL’s Operation HAECHI VI, which recovered $439 million globally from various cyber-enabled financial crimes, and the situation surrounding global insurer Allianz, which is grappling with a surge in fraud detection in the UK while simultaneously facing a $16.8 million fine in Australia for misleading claims. Rounding out the episode, we look at the EU demanding that major tech platforms like Google and Apple disclose their anti-scam measures under the Digital Services Act and discuss the recent UK arrest connected to the cyber-attack on Collins Aerospace that disrupted European flights. A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Hello, and welcome to episode 188 of the Financial Crime Weekly Podcast, I am Chris Kirkbride. In this episode, beginning with sanctions, where the UK government has published a comprehensive starter guide for businesses and imposed asset freezes on two entities, Embers of an Empire and Rampage Productions, for alleged links to terrorism through music. The US has also taken action, sanctioning Indian nationals and an online pharmacy for trafficking counterfeit fentanyl pills. In money laundering news, a joint effort by Eurojust and Europol dismantled a sophisticated network laundering at least €30 million through gold bar transactions across France and Italy, seizing nearly 100 kilos of gold and luxury assets. We cover significant fraud operations, including INTERPOL’s Operation HAECHI VI, which recovered $439 million globally from various cyber-enabled financial crimes, and the situation surrounding global insurer Allianz, which is grappling with a surge in fraud detection in the UK while simultaneously facing a $16.8 million fine in Australia for misleading claims. Rounding out the episode, we look at the EU demanding that major tech platforms like Google and Apple disclose their anti-scam measures under the Digital Services Act and discuss the recent UK arrest connected to the cyber-attack on Collins Aerospace that disrupted European flights.A transcript of this podcast, with links to the stories, will be available at <a href="http://www.crimes.financial/" rel="noopener noreferrer">www.crimes.financial</a>.

Financial Crime Weekly Episode 188

Welcome to the Financial Crime UK Weekly podcast. I’m Chris Kirkbride and I lecture law.This is an introductory podcast to give you a guide as to the sort of things which we will be looking at on this podcast in the first week of every month. However, there will be specials and additional podcasts out of this sequence if something happens which is significant and deserves a special episode.So, what are the sort of things we’ll be talking about? Well, we will cover news, events, legal developments, and anything else that relates to financial crime, in the UK – obviously, because that is in the podcast title – but also in other jurisdictions. No man is an island and financial crime certainly does not respect national borders.Broadly, the coverage will be all aspects of:Fraud | Bribery | Market abuse and insider dealing | Money laundering and terrorist financing | Data and information theft | Cybercrime (phishing / smishing) and the challenges generated by fintech in terms of finance crime threats.While these might be financial crimes, strictly speaking, but that is not all. It is necessary to reflect on the responses to financial crime which the state adopts. While this is less about fines and imprisonment, we will focus on confiscation and recovery schemes, sanctions imposed on those who have committed financial crimes, together with arrangements designed to allow the offender to avoid/defer prosecution, namely, deferred prosecution agreements.Consideration will also be given to the regulatory architecture of financial crime, both domestic and international – as stated, financial crime does not respect borders – together with regulatory enforcement and aspects of the compliance industry – the industry which helps commercial entities stay on the right side of the law.Finally, and this is a particular interest of mine, but I am fascinated by the interface between criminal and civil law where the facts of an event could lead to prosecution or civil action. Consequently, while this is a financial crime podcast, we will also consider those situations where the civil law might bring about a robust response to financial wrongdoing.So, that’s it from me for now except to say that the podcast is available from the usual places, Google Podcasts, Spotify, iTunes, and others.

Business

Entrepreneurship

News

Technology

Education

News Commentary

Investing

Business News

Tech News

Courses

Management

Welcome to the Financial Crime UK Weekly podcast. I’m Chris Kirkbride and I lecture law. This is an introductory podcast to give you a guide as to the sort of things which we will be looking at on this podcast in the first week of every month. However, there will be specials and additional podcasts out of this sequence if something happens which is significant and deserves a special episode. So, what are the sort of things we’ll be talking about? Well, we will cover news, events, legal developments, and anything else that relates to financial crime, in the UK – obviously, because that is in the podcast title – but also in other jurisdictions. No man is an island and financial crime certainly does not respect national borders. Broadly, the coverage will be all aspects of: Fraud | Bribery | Market abuse and insider dealing | Money laundering and terrorist financing | Data and information theft | Cybercrime (phishing / smishing) and the challenges generated by fintech in terms of finance crime threats. While these might be financial crimes, strictly speaking, but that is not all. It is necessary to reflect on the responses to financial crime which the state adopts. While this is less about fines and imprisonment, we will focus on confiscation and recovery schemes, sanctions imposed on those who have committed financial crimes, together with arrangements designed to allow the offender to avoid/defer prosecution, namely, deferred prosecution agreements. Consideration will also be given to the regulatory architecture of financial crime, both domestic and international – as stated, financial crime does not respect borders – together with regulatory enforcement and aspects of the compliance industry – the industry which helps commercial entities stay on the right side of the law. Finally, and this is a particular interest of mine, but I am fascinated by the interface between criminal and civil law where the facts of an event could lead to prosecution or civil action. Consequently, while this is a financial crime podcast, we will also consider those situations where the civil law might bring about a robust response to financial wrongdoing. So, that’s it from me for now except to say that the podcast is available from the usual places, Google Podcasts, Spotify, iTunes, and others.

Share Financial Crime Weekly Episode 188

Sign up to save your podcasts

Financial Crime Weekly Episode 188

Financial Crime Weekly Episode 188

More shows like Financial Crime Weekly Podcast

Planet Money

The Diary Of A CEO with Steven Bartlett

AML Conversations

The Dark Money Files

Financial Crime Matters

STR: Suspicious Transaction Report

Simon Mayo's Confessions