The European Commission, the nearest thing that the European Union has to an executive branch, has taken three EU countries to the Court of Justice of the EU for failing to implement all the rules of the fourth Money-Laundering Directive by the deadline of 26 June 2017.
The New York Department of Financial Services has fined Deutsche Bank for its relationship with Jeffrey Epstein and entities related to him and with two dollar-clearing/correspondent banking relationships with foreign banks, FBME and Danske Bank.
On 30 June Adam Johnson QC, sitting as a deputy judge of the English High Court, handed down a detailed and lengthy judgment in Financial Conduct Authority v Avacade Ltd (In Liquidation) and others regarding highly risky investments held in self-invested personal pensions or SIPPs and the provision of unauthorised advice.
The UK has acquired its own Magnitsky sanctions regime, a means of ordering the freezing of assets of people whom the Government believes have committed infractions against human rights around the world. On the first list are the alleged killers of Sergei Magnitsky himself (pictured). Importantly, HM Government has resolved to impose the new regime on all the UK's colonies.
The New York Department of Financial Services has fined Deutsche Bank for its relationship with Jeffrey Epstein and entities related to him and with two dollar-clearing/correspondent banking relationships with f...
On 30 June Adam Johnson QC, sitting as a deputy judge of the English High Court, handed down a detailed and lengthy judgment in Financial Conduct Authority v Avacade Ltd (In Liquidation) and others regarding hig...
The UK has acquired its own Magnitsky sanctions regime, a means of ordering the freezing of assets of people whom the Government believes have committed infractions against human rights around the world. On the ...
What should a money-laundering reporting officer do if Hunter Biden is an applicant for business? What are the 'red flags' associated with the beneficial ownership of corporations by a HNW customer? How might th...
Today marks the fourth anniversary of the European Union's Market Abuse Regulation which replaced the previous Market Abuse Directive. In this article we ask a compliance expert to review its progress. ...
The European Commission, the nearest thing that the European Union has to an executive branch, has taken three EU countries to the Court of Justice of the EU for failing to implement all the rules of the fourth ...
The Government of the United Arab Emirates has announced that it is going to unite the Insurance Authority with the Securities and Commodities Authority to form one financial services regulator....
Delta Capita, a globally active provider of financial technology or FinTech, has marketed a client lifecycle management (CLM) platform that helps firms fulfil their AML duties and know their customers. ...
HM Treasury has delayed the deadline by which firms in the UK that only the Financial Conduct Authority regulates must assess the fitness and propriety of their 'certified persons' for the first time in accordan...
The Monetary Authority of Singapore has published its Guide to Digital Token Offerings. The contents outline the regulator's approach but are not exhaustive, have no legal effect and do not modify or supersede a...