Back in late 2012, it was revealed that then Attorney General Eric Holder dismissed a recommendation to prosecute HSBC for anti-money laundering, according to a staff investigation by the House Financial Services Committee. HSBC avoided prosecution because of the described "systemic importance" that they had towards the...
The 2011 annual conference of the Task Force on Financial Integrity and Economic Development will take place at the Cercle National des Armées in Paris, France from October 6-7.
Illicit financial outflows from developing countries—which total around $1.3 trillion per year—undermine the tax base in poorer...
Today, there are hundreds of millions of Wi-Fi networks around the globe. Some are home networks, some are office networks, and many are public Wi-Fi networks you find at cafes or airports. Undeniably Wi-Fi hotspots are comfortable. But when it comes to cybersecurity, they’re not so good.
Smartphones significantly increased...
A cashier's check is a type of payment issued by a bank or financial institution and guaranteed by the issuing bank. It is an accepted form of payment for many transactions, but what happens if you need to cancel a cashier's check? Understanding the laws and regulations around cashier's...
