Regulatory Capsule
Financial Action Task Force (FATF) R.8/INR
The Wolfsberg Group, based in Switzerland, has provided comments on the draft amendments to the Financial Action Task Force (FATF)...
25 August 2023
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Regulatory Capsule
National Anti-Money Laundering and Counter Financing of Terrorism Authority Act,...
The National Assembly of Pakistan passed the National Anti-Money Laundering and Counter Financing of Terrorism Authority Act, 2023....
11 August 2023
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Regulatory Capsule
Guidance on Preventive Measures against AML/CFT
The Danish Gambling Authority has released a revised version of the guidance on preventive measures against money laundering of criminal...
4 August 2023
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Regulatory Capsule
Reform Of UK AML/CFT Supervisory Regime
The UK's Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) regime, governing businesses regulated by the MLRs 2017, experienced shortcomings in professional body supervision....
28 July 2023
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Regulatory Capsule
Africa Gold Advisory
The U.S. Departments of State, the Treasury, Commerce, Homeland Security, Labor, and the United States Agency for International Development (USAID)...
21 July 2023
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Regulatory Capsule
Money Laundering Advisory Notice
The Money Laundering Regulations necessitate that UK-regulated businesses adhere to enhanced customer due diligence requirements when engaging with high-risk third...
14 July 2023
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Regulatory Capsule
AUSTRAC Debanking guidance
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued core guidance for financial institutions to assess customers in the...
7 July 2023
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Regulatory Capsule
Report:ML/TF Risks Associated With Payment Institutions
The European Banking Authority (EBA) conducted a risk assessment in 2022 to understand the scale and nature of money laundering...
30 June 2023
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Regulatory Capsule
Russia Sanctions-Trade Sanctions Circumvention
The Russia sanctions aim to discourage actions that harm Ukraine's stability and territorial integrity. Trade sanctions deny Russia access to...
23 June 2023
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Regulatory Capsule
Financial Crime Assessment Seychelles
The financial crime assessment for Seychelles in August 2023 highlights significant risks and challenges faced by the country....