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 ...
Following the delegation of powers established in Article 118 of Law 2016/731, the French government has issued Ordinance 2016-1635 of December 1, 2016 “Strengthening the French System against the...
On December 18, 2017 a political agreement has been reached between the presidency of the European Council and the European Parliament on amendments to the 4th Anti-Money Laundering Directive (4th...
After nearly two years of political wrangling and fraught negotiations the EU has formally approved the 5th Anti-Money Laundering Directive (5th AMLD), giving member states until late next year to...
On April 18, 2018, the Dubai Financial Services Authority (DFSA) published Consultation Paper No. 120 proposing amendments to its anti-money laundering/counter-terrorist financing (AML/CTF) and...
The EU is finally on the brink of introducing a raft of new anti-money laundering (AML) regulations, including tighter controls on prepaid cards, cross-border payments and virtual currencies.
Transparency International has accused the world’s most powerful countries of having inadequate beneficial ownership regimes, warning that financial firms are being given licence to send illicit...
The States General of the Netherlands has published its progress on the implementation of the 4th Anti-Money Laundering Directive (4th AMLD), following the consultation carried out by the Dutch...
On January 31, 2018 the Registration Authority of Abu Dhabi Global Market (ADGM) published a consultation paper inviting public feedback and comments on codifying existing corporate beneficial...
The chairman of the U.S. Senate Judiciary Committee is targeting reloadable prepaid and gift cards for regulatory reforms in an effort to rewrite federal money laundering statutes.
The Ministry of Finance and Development is consulting on a bill which will be implementing into Polish legal provisions the 4th Anti-Money Laundering Directive, as well as the recommendations of...
On April 11, 2018, the Maltese Ministry of Finance released its national anti-money laundering and counter-terrorism financing (AML/CTF) strategy, which is based on the findings of the national...
Sweden’s regulatory and legal framework is expected to go through many changes in the upcoming period, with PSD2 and the GDPR both coming into effect in May 2018. New players entering the payments...
Poland has effectively pre-empted incoming EU rules on e-money and virtual currency, bolstering its overdue implementation of the 4th Anti-Money Laundering Directive with tough controls on prepaid...
On April 9, 2018, the New York Department of Financial Services (NYDFS) published an announcement reminding all regulated entities of the deadline for the submission of their first anti-money...
European enforcement agencies have found fresh links between payment cards, cryptocurrencies and organised crime, dismantling a group involved in laundering the proceeds of illicit drug sales.

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