Money laundering

$2trn of dirty money being laundered Research by Transparency International (TI) has found that $2trn (£1.3trn) of dirty money is still being laundered through the global financial system as a result of criminals being able to conceal their ownership of corporate entities. TI said only the UK had a very strong framework in place to…

Protecting gifts

  Parents demand pre-nup deals to protect gifts Growing numbers of parents are forcing their children to take out pre-nuptial agreements amid fears of losing out financially if the marriage ends in divorce. Solicitors have reported a surge in young couples signing such arrangements, which are often prompted by parents wanting to protect the money they…