5 January 2017
US hedge fund corruption settlement casts unfavourable light on City regulation
A new report by RAID ‘Bribery in its purest form’: Och-Ziff, asset laundering and the London connection (released 5 January 2017) sets out the repeated failure of the UK regulatory authorities over a 10-year period – despite warnings from UN Experts, due diligence studies and compliance watch lists – to take action to prevent assets acquired through corrupt means being traded on the London markets.
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