Organised criminals in the UK are becoming increasingly involved in financial frauds including insider share dealing that they see as lucrative and low risk, investigators have warned
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FT on 17th Aug 2010 (via ft.com)
More than 5,000 foreign criminals have been deported from the UK in the past year, beating a government target, ministers say.
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BBCPolitics on 26th Dec 2008 (via news.bbc.co.uk)
Today George Osborne called for reform of the way in which financial crime is tackled in the UK and a new commitment to prosecuting City criminals, as part of a wider review in to the regulation of the City. He said: “Financial crime cannot be allowed to go unpunished. We have to understand that sometimes what’s
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LiberalConspiracy on 1st Mar 2009 (via liberalconspiracy.org)
The European Union sets a target of December for negotiating the final details of a new financial supervisory structure for Europe after the UK holds up an agreement at a finance ministers' meeting in Luxembourg
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FT on 20th Oct 2009 (via traxfer.ft.com)
David Cameron last night expressed disbelief that financial watchdogs were not pursuing criminal investigations against banks and bankers who have caused the financial crisis.
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Telegraph on 27th Jan 2009 (via telegraph.co.uk)
According to the Association for Financial Markets in Europe, “approximately 80pc of the business conducted by financial services firms in the UK comprises of services offered to non-UK residents That might be a little overstated for effect but still an interesting number. Quite large exporters of financial services,
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TimWorstall on 20th Dec 2009 (via timworstall.com)
As has been widely reported, Standard and Poor's (S&P) credit rating agency is under criminal investigation for the "crime" of rating various financial instruments as low risk ("triple A") when, in fact, these financial instruments were based on worthless mortgages (worthless as the original home loans were paid to people who had very little chance of ever paying them back). No doubt S&am...
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Samizdata on 27th Sep 2011 (via samizdata.net)
David Cameron called yesterday for a thorough investigation into the causes of the financial crisis, insisting that City executives should be prosecuted for any criminal wrongdoing.
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TheHerald on 16th Dec 2008 (via theherald.co.uk)
Banks' cross-border financial transactions are worth billions of dollars in tax benefits, finds joint investigation by the Financial Times and ProPublica
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FT on 25th Sep 2011 (via ft.com)
Proposals to overhaul financial regulation in the UK banking sector will be unveiled by the Financial Services Authority.
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BBCPolitics on 17th Mar 2009 (via news.bbc.co.uk)