An offer too good to refuse?

Not unexpectedly, three issues that attracted the greatest concern were offshore accounts, acceptance in good faith by revenue and additional information from third parties.


1MDB hunt spells trouble for Big Four auditors

Asian Strategy and Leadership Institute’s Centre for Public Policy Studies chairman Tan Sri Dr Ramon Navaratnam said Malaysia should go “all out” to make those who had conspired in 1MDB accountable.


Changes to the Guernsey AML/CFT Handbook

The GFSC has announced that in anticipation of the changes to the law it has already begun adopting the new rules to allow for technical issues which could lead to complications once the law is in force.