Bank heavily fined by FCA for failings in money-laundering controls

by Redmans Solicitors August 13, 2013 Criminal Law

A London-based bank has been heavily fined by the Financial Conduct Authority (“FCA”) for failures relating to its anti-money-laundering controls. Guaranty Trust Bank Ltd (“GTB”) was fined over £500,000 by the FCA earlier this month for numerous and systematic failures to put in place procedures to monitor the risk that potential money launderers posed to […]

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What Property You Could Keep After Bankruptcy

by RyanD April 29, 2013 Law

One of the major concerns people face when declaring bankruptcy is what assets they will be able to keep. While bankruptcy eliminates many problems for debtors giving them a fresh start, it does come at a cost. There are state and federal bankruptcy laws that dictate which property is exempt from creditors and which property […]

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