by Jyotsna Bucktowar | Apr 26, 2023 | News
EC publishes FAQs providing an overview of the new reporting requirements for frozen assets; discussions on when the additional reporting requirements apply; and guidance to help operators determine where these reports should be sent…
by Jyotsna Bucktowar | Apr 24, 2023 | News
FCA has outlined a series of measures for banks to reduce the risk of money laundering via the Post Office, as more banks quit the high street and hand over the handling of cash services to the postal service. The FCA, NECC, industry and government….
by Jyotsna Bucktowar | Apr 17, 2023 | News
OFAC issues alert on possible evasion of the Russian oil price cap identifying concerns that counterparties may be refusing to provide documentation showing oil and petroleum products were purchased at or below the price caps. Instead, they may attempt to claim...
by Jyotsna Bucktowar | Apr 11, 2023 | News
Home Office issues Factsheet on failure to prevent fraud as set out in Economic Crime and Corporate Transparency Bill. The government is creating a new failure to prevent fraud offence to hold organisations to account if they profit from fraud committed…
by AdrianaAMLP | Apr 6, 2023 | News
FATF global network gathered at the FATF Joint Experts Meeting (JEM) 2023 in New Delhi to discuss new or emerging ML/ TF risks and ways to address them. FATF conducts work in a range of areas to identify the methods and trends that criminals use…
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