In this issue (published 21 July 2010)

Nigerian LNG plant bribery penalties exceed USD1,200 million

An update on the story in WMLR Vol. 9 No. 2

The irony of US settlements - and the UK's rejection of them

Settlements with US prosecutors and regulators smack of paying someone not to do their jobs properly. A UK court says that this is not the way prosecutions should be disposed of.

Saxo Bank case shows flaws in international regulation

Who regulates your overseas offices?

Australian convicted of insider dealing in seafood shares.

Don't come the raw prawn with ASIC

Former Macquarie Equities adviser convicted of market manipulation.

Why you need to know what your trusted staff are doing.

US Banking failures at record levels

Small banks are failing by the dozen. Why and what are the implications? Is there an increased money laundering risk?

Interpol come late to the World Cup party

While millions of people were watching the game, Interpol was preparing a series of raids. So far, they've arrested more than 5,000 people

Scotland - newspaper reveals plans for money laundering trials in secret

Equating money laundering with terrorism is, perhaps, going a bit too far.

Rocky business in Gibraltar law firm

Marrache is no more - at least in Gibraltar. Clients' accounts are empty, partners are bankrupt and prosecutions are in hand. But other firms share the brand.

Nigeria: banks to be rescued by bad bank scheme.

But will banks be more prudent in future?

Satyam: India's High Court grants bail to some defendants

All but one of the principle defendants have now been released on bail.

Identity fraud: thousands of hotel guests' data at risk

Look and learn: do you really want to hand over your credit card every time you check into a hotel?

Hong Kong introduces new banknotes

Will the introduction of new banknotes in Hong Kong lead to a rapid deposit of cash?

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