The Serious Fraud Office will track down illicit money stolen by fraudsters "for as long as it takes" after their conviction to help ensure that crime does not pay, the agency's legal chief said Monday.
The Serious Fraud Office will track down illicit money stolen by fraudsters "for as long as it takes" after their conviction to help ensure that crime does not pay, the agency's legal chief said Monday.
Big tech companies must pull their weight to stop fraudsters by adopting a more "proactive" approach toward preventing their platforms from being exploited, the Financial Conduct Authority said Monday.
Fraud is a "systemic threat" to financial institutions and must be addressed by governments worldwide to crack international criminal networks, the president of the Financial Action Task Force said Monday.
Paying defined benefit pension scheme surpluses to employers must become more flexible, a retirement savings trade group has said, amid the U.K.'s plans to allow sufficiently robust programs to release cash.
Proposals by the Financial Conduct Authority to streamline how financial services platforms disclose investment costs to consumers add "complexity and inconsistency" that might make it harder for Britons to make informed decisions, a trade group has said.
P&O Ferries has paid £94 million ($128 million) to the Merchant Navy Ratings Pension Fund, a move the retirement savings plan said Monday would settle all historic contributions the ferry operating giant owed to the plan.
Banco Santander SA said Monday that it will reduce its share capital by just over 3% after it finalized a share buyback program worth €5.03 billion ($5.86 billion).
Paul Denham, head of Morgan Lewis' London finance practice group, discusses why working with nurturing partners helped him understand what good leadership should look like, how a Formula 1 financing transaction allowed a personal interest to cross into his day job, and the importance of being willing to adapt as markets change.
