The National Counterterrorism Center (NCTC) today announced the release of its 2009 counterterrorism calendar. The calendar, popular with a broad spectrum of federal, state, and local first responders; homeland security professionals; policy makers; and counterterrorism experts, is now available via NCTC’s website at www.nctc.gov as both a downloadable PDF and a multimedia website. NCTC has […]

Consultation on Two New Orders to be made under the Companies (Jersey) Law 1991 The Commission has published today a consultation paper on two new Orders proposed to be made under the Companies (Jersey) Law 1991 (the “Companies Law”). The two Orders follow on from the recent decision of the States Assembly to make the […]

HBOS banker Peter Cummings fined by regulator 17 Sep 2012 A former HBOS executive has been fined £500,000 by the UK financial regulator over his role in the bank’s collapse. Peter Cummings, the head of HBOS corporate banking from 2006 to 2008, has also been banned from working in the banking industry, the Financial Services […]

HBOS banker Peter Cummings fined by regulator 17 Sep 2012 A former HBOS executive has been fined £500,000 by the UK financial regulator over his role in the bank’s collapse. Peter Cummings, the head of HBOS corporate banking from 2006 to 2008, has also been banned from working in the banking industry, the Financial Services […]

TCF in the wholesale sector [ June 2008 ] Summary Does TCF apply to firms operating in the wholesale sector? Why does it matter? What should wholesale firms be doing in relation to TCF? FSA publications Where can I find more information on TCF? Appendix 1 Appendix 2 Summary This briefing gives an outline of […]

Deutsche Bank’s Business With Sanctioned Nations Under Scrutiny 12 Sep 2012 Federal and state prosecutors are investigating Deutsche Bank and several other global banks over accusations that they funneled billions of dollars through their American branches for Iran, Sudan and other sanctioned nations, according to law enforcement officials with knowledge of the cases. But the […]

UBS fined for anti-money laundering breaches 12 Sep 2012 The Central Bank has reprimanded and fined UBS International Life Limited €65,000. The fine is for failing to comply with legislation aimed at protecting the financial system from the risk of exposure to money laundering and terrorist financing. The Central Bank said it had entered into […]

Unicredit ‘in US Iran sanctions breach investigation’ 12 Sep 2012 Unicredit has confirmed it is co-operating with a US investigation into a possible breach of sanctions. The bank is thought to have broken sanctions against Iran, according to reports by the Financial Times and Reuters, although this has not been confirmed by Unicredit. The probe […]