by Jyotsna Bucktowar | Jun 6, 2024
The country has complied with ten FATF Recommendations, including national cooperation, politically exposed persons, money transfer services, internal controls and CDD. Moneyval add resses that Bulgaria has taken numerous steps to strengthen its AML/CFT…
by Jyotsna Bucktowar | Mar 14, 2024
The provisional agreement reached between the two co-legislators supports the main objective of the proposal to prohibit the placing and making available on the EU market, or the export from the EU market, of any product made using forced labour…
by Jyotsna Bucktowar | Feb 24, 2024
AMLA is the centrepiece of the reform of the EU’s AML framework, which will have direct and indirect supervisory powers over obliged entities and the power to impose sanctions and measures. AMLA will be based in Frankfurt and will begin operations mid-2025. It will...
by Jyotsna Bucktowar | Jan 22, 2024
The EU Council has intensified sanctions on Syria, targeting six individuals and five entities linked to the Assad regime for their roles in arms trade and money laundering, reinforcing EU’s stance against ongoing human rights abuses in Syria…
by Jyotsna Bucktowar | Jan 12, 2024
The EU will be able to impose restrictive measures against individuals and entities responsible for actions that undermine democracy, the rule of law and a peaceful transfer of power in Guatemala, including through persecution or intimidation of public...
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