01/04/2003
Seminar discusses NI money laundering problems
Northern Ireland's money laundering problem is to be discussed today at a seminar in Belfast.
Local banks and building societies will be told by the Financial Services Authority (FSA) how money laundering can and has possibly affected their business.
The FSA has powers to investigate any regulated company or individual in the banking, insurance and financial services sector.
In a similar vein, the recently launched Assets Recovery Agency will investigate dirty money generated by illegal activities ranging from prostitution to protection rackets.
(MB)
Local banks and building societies will be told by the Financial Services Authority (FSA) how money laundering can and has possibly affected their business.
The FSA has powers to investigate any regulated company or individual in the banking, insurance and financial services sector.
In a similar vein, the recently launched Assets Recovery Agency will investigate dirty money generated by illegal activities ranging from prostitution to protection rackets.
(MB)
Related Northern Ireland News Stories
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07 August 2003
Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
04 April 2023
Two Arrested In Connection With £300,000 Drug Seizure
Suspected cocaine and cannabis, with an estimated value of £300,000, has been seized in a PSNI operation in the Carnlough and west Belfast areas. Two people, a 41-year-old man and 36-year-old woman, were arrested in connection with the seizure, on suspicion of drug and money laundering offences .
Two Arrested In Connection With £300,000 Drug Seizure
Suspected cocaine and cannabis, with an estimated value of £300,000, has been seized in a PSNI operation in the Carnlough and west Belfast areas. Two people, a 41-year-old man and 36-year-old woman, were arrested in connection with the seizure, on suspicion of drug and money laundering offences .
05 September 2018
Danske Bank Creates New Posts In L'Derry
Danske Bank is to create 67 new jobs at its new Customer Protection Centre in L'Derry. The centre will complete due diligence checks on personal and business customers, as part of regulatory requirements for all banks to demonstrate an increased responsibility for knowing and understanding how customers operate their bank accounts.
Danske Bank Creates New Posts In L'Derry
Danske Bank is to create 67 new jobs at its new Customer Protection Centre in L'Derry. The centre will complete due diligence checks on personal and business customers, as part of regulatory requirements for all banks to demonstrate an increased responsibility for knowing and understanding how customers operate their bank accounts.
15 October 2012
Campaign Launched To Tackle Fuel Dumping
A campaign has been launched to tackle pollution caused by the dumping of fuel laundering waste in Northern Ireland. Environment Minister Alex Attwood has launched the campaign to draw attention to the environmental dangers caused by the dumping. This will be the first time the DOE has joined with Crimestoppers as a means to tackle the problem.
Campaign Launched To Tackle Fuel Dumping
A campaign has been launched to tackle pollution caused by the dumping of fuel laundering waste in Northern Ireland. Environment Minister Alex Attwood has launched the campaign to draw attention to the environmental dangers caused by the dumping. This will be the first time the DOE has joined with Crimestoppers as a means to tackle the problem.
02 September 2011
All-Ireland Co-Operation Targets Fuel Gangs
It emerged last night that 11 businesses and homes have been searched in cross-border raids targeting fuel fraud and money laundering.
All-Ireland Co-Operation Targets Fuel Gangs
It emerged last night that 11 businesses and homes have been searched in cross-border raids targeting fuel fraud and money laundering.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
