Fraud Intelligence

North American whistleblower programmes have generated valuable actionable leads for regulators, according to a study by Eliza Lockhart, an Australian lawyer, for the Serious Organised Crime & Anti-Corruption Evidence (SOC ACE) research programme.

The UK government has appointed an 'Anti-Corruption Champion' - Baroness Margaret Hodge, a senior member of the ruling Labour Party - to spearhead its efforts to combat graft.

The United Kingdom now requires both sending and receiving payment services firms to share reimbursement of qualifying domestic Authorised Push Payment frauds up to a maximum of UK£85,000 (US$107,275). Dan Wyatt and Chris Whitehouse of RPC discuss the expectations and exposure affecting these firms, along with potential negative and positive impacts of the regime.