LONDON: British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area – the role of company formation agents – a Reuters study of the sector shows. Some formation agents, who typically offer to create new businesses for fees of about 200 pounds ($288) or…
DetailsGEORGE TOWN: A total of 9,529 Malaysians who sought assistance from the Credit Counselling and Debt Management Agency (AKPK) have settled their debts totalling RM396mil, said Deputy Finance Minister Datuk Chua Tee Yong. He said AKPK, a subsidiary of Bank Negara Malaysia, was set up in 2006 to assist people in financial management and more…
DetailsPaddington dressmaker Johanna Johnson made Christina Hendricks’ dress for the Emmys. It was well received and she’s since had a surge in sales. SYDNEYs Johanna Johnson has designed dresses for stars including Pink and Meryl Streep, but she is now embroiled in a legal dispute that threatens to sink her burgeoning worldwide business. Bronte local…
DetailsThe Saskatchewan Party released its full election platform on Saturday, promising to “keep Saskatchewan strong” by rebuilding a rainy day fund and paying down debt. Over the past few weeks, the party has made a number of policy announcements, including the Highways 2020 Plan to repair more of Saskatchewan’s highways, a plan to help graduates…
DetailsTony and Cherie Blair Photo: XPOSUREPHOTOS.COM By Robert Mendick, Chief Reporter 7:03PM GMT 19 Mar 2016 Follow While Cherie Blairs legal business, advising among others the despotic governments of Kazakhstan and the Maldives, has thrived, her health company…
DetailsThe petition was issued following confidential enquiries carried out by Company Investigations, part of the Insolvency Service, under section 447 of the Companies Act 1985, as amended. The investigation found that vulnerable and elderly individuals were being targeted and aggressively sold investments in fancy coloured diamonds, rough diamonds, gold, fine art and oil wells. The…
DetailsThe shadow of the Shard is cast across the financial district of London. Photo: Luke Macgregor/Reuters British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area the role of company formation agents a Reuters study of the sector shows. Some formation agents, who typically…
DetailsLONDON British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area – the role of company formation agents – a Reuters study of the sector shows. Some formation agents, who typically offer to create new businesses for fees of about 200 pounds or less,…
DetailsReuters on March 18, 2016, 10:13 pm A pedestrian walks past the headquarters of Her Majesty’s Revenue and Customs (HMRC) in central London, Britain in this February 13, 2015 file photo. REUTERS/Stefan Wermuth/Files By Tom Bergin and Stephen Grey LONDON (Reuters) – British government efforts to crack down on money laundering and fraud through UK…
DetailsKPMG Baltics, the administrator of the to-be-liquidated Latvijas Krajbanka in January and February 2016 recovered EUR 9.43 million, informs LETA. The administrator recovered EUR 1,359,643 in January and EUR 8,068,755 in February, according to the report of the banks financial situation. In February Latvijas Krajbanka and Ernst & Young Baltic (EY) reached a settlement…
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