Audio released as former Chief of Staff to Madagascan President sentenced
National Crime Agency
The National Crime Agency has released new audio clips exposing bribery in action after today’s sentencing of the former Chief of Staff to the President of Madagascar and her associate, French national Philippe Tabuteau.
Romy Andrianarisoa, 47, from Madagascar, and Tabuteau, 54, were charged in August 2023 after requesting substantial sums of money in exchange for their help in securing an exclusive mining joint venture with the Government of Madagascar.
SFC warns public of suspicious investment plan relating to Big Boss Night Club
Securities and Futures Commission
The Securities and Futures Commission (SFC) today warns the public of a suspicious investment plan relating to Big Boss Night Club which has been widely reported in the media.
The investment plan may involve an offer to the public in Hong Kong to subscribe for or purchase shares in a company operating Big Boss Night Club or New Big Boss Night Club新‧
SEC, FinCEN Propose Customer Identification Program Requirements for Registered Investment Advisers and Exempt Reporting Advisers
FinCEN
WASHINGTON—Today, the Securities and Exchange Commission (SEC) and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule that would require SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish, document, and maintain written customer identification programs (CIPs). The proposal is designed to prevent illicit finance activity involving the customers of investment advisers by strengthening the anti-money laundering and countering the financing of terrorism (AML/CFT) framework for the investment adviser sector.