An update on member states' progress in implementing PSD2 and the 4th AMLD; the UK Serious Fraud Office is working with robots to help with complex investigations; Cambodia toughens its payments...
On April 26, 2017, the Ministry of Finance introduced draft legislation seeking to transpose Directive 2015/849 (also known as the 4th Anti-Money Laundering Directive - 4th AMLD) and ensure...
The UK government has rejected calls for its new money laundering supervisor to be given the power to hand out fines, leaving it only with the ability to publicly censure offenders.
Despite implementing EU financial crime reforms well ahead of last month’s deadline, there are still question marks over the Czech Republic’s hardline stance on beneficial ownership.
The Financial Intelligence Analysis Unit (FIAU) of Malta is consulting on the revised version of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) 2017. The...
The UK government has published its long-awaited Repeal Bill, which will ultimately be used to transfer current European law into national statute books once the UK has left the union.
The European Commission has relented to pressure from parliamentarians over its blacklist of high-risk countries, confirming plans to carry out its own assessments of jurisdictions’ financial...
An EU-level risk assessment of the financial sector's vulnerabilities to money laundering and terrorist financing will likely have little impact on compliance practices, experts believe.
Based on the delegation of powers provided under Law 170/2016, the Ministry of Economy and Finance (Treasury Department) has launched a public consultation on a draft legislative decree which...
EU lawmakers have again been unable to reach an agreement on amendments to the 4th Anti-Money Laundering Directive (4th AMLD).
On June 28, 2017, the Finnish parliament passed the new Law on the Prevention of Money Laundering and Terrorist Financing (Act No. 444/2017) and the Law on the Financial Intelligence Units (FIU) ...
On March 16, 2017 the Financial Conduct Authority (FCA) launched a public consultation on draft guidance for the treatment of politically exposed persons (PEPs) under the Money Laundering,...
On July 5, 2017 the Financial Conduct Authority (FCA) published its annual report and accounts for 2016/17, highlighting what the regulator has achieved during the period and illustrating the wide...
Payments firms active in Italy must brace themselves for a renewed wave of action from law enforcement authorities, anti-money laundering (AML) experts are warning.
Although the UK transposed the 4th Anti-Money Laundering Directive (4th AMLD) just in time last month, financial crime experts are concerned about the great unknown of Brexit and its impact on a...
The 4th Anti-Money Laundering Directive (Directive (EU) 2015/849), also known as the 4th AMLD, has brought in a set of obligations for the European Commission, European supervisory authorities ...

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