The individual who was made the subject of the UK’s first Unexplained Wealth Order (UWO) in February this year has been named as Zamira Hajiyeva. She is the wife of Jahangir Hajiyev, the former chairman of the International Bank of…
In October 2017 an English company, CMOC, discovered that it had been the victim of business email compromise fraud. Once hackers had obtained access to the company’s email system they sent multiple prompts to its bank, the Bank of China,…
Earlier this week, the FCA imposed a fine on Tesco Personal Finance Plc (‘Tesco Bank’) in the amount of £16.4 million, pursuant to section 206 of the Financial Services and Markets Act 2000, as the result of its handling of…
