IMF publishes guidance on beneficial ownership
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The IMF (International Monetary Fund) have published a new book offering guidance to practitioners, policymakers, and researchers on the implementation…
AML Annual Report published by SRA
The Solicitors Regulation Authority have released their 2021-22 AML Annual Report, highlighting increased steps taken over the past year to…
FATF adds 3 countries to its blacklist
Following their October Plenary, the Financial Action Task Force (FATF) has added Myanmar to the ‘blacklist’, alongside Iran and North…
OFAC and OFSI to enhance sanctions implementation support
The US Treasury’s OFAC & the UK’s Office of Financial Sanctions Implementation have decided to deepen their co-operation, to enhance…
Switzerland expands sanctions list against Russia
The Swiss government imposed further sanctions against Russia over the war in Ukraine on Wednesday 19th October, in line with…
Finland’s improvement in its AML framework
According to an assessment by the Financial Action Task Force (FATF), Finland has taken a number of actions to strengthen…
FCA fines Gatehouse Bank Plc £1.5million
The FCA has fined Gatehouse Bank Plc £1,584,100 for significant weaknesses in its financial crime systems and controls, specifically checks…
Webinar: Assessing your risk exposure to Proliferation Financing
Join our webinar on 17th November, in partnership with UK Finance, as we look at the risk exposure of proliferation…
US Treasury charges Bittrex with sanctions violations
The US Treasury’s Office of Foreign Assets Control (OFAC) have announced a $23.4 million settlement with cryptocurrency exchange Bittrex for…
Singapore publishes new strategy to combat TF
The Singapore government has published a five-pronged strategy to prevent, detect, investigate, and enforce against terrorism financing (TF) labelled The…