Results 6 to 10 of 11

EU black and grey lists of high-risk countries back on the agenda

European Union, United Kingdom - September 23 2019 In a resolution published on Thursday, the European Parliament has urged the EU Commission to apply a 'transparent process' in formulating revised…

Zia Ullah

More Bucks than Fizz, the Law Commission's SAR reform report

United Kingdom - June 18 2019 The Law Commission has today published its long-awaited report into the Anti-Money Laundering requirements for the reporting of suspicious activity…

Zia Ullah

Understanding Free ports - Tax-Exempt Warehouses For High-Value Goods

European Union, Luxembourg, United Kingdom - May 24 2019 Free ports are warehouses in free trade zones, which have become popular for the storage of high-value assets, including art, precious stones, antique…

Daria Solovyeva

Estate Agency AML Compliance - Countrywide fined £215,000 and Treasury Select Committee repeats criticism of estate agents as ‘weak link’ in UK AML Regime

United Kingdom - March 27 2019 The news last week that estate agency Countrywide received a £215,000 fine for money-laundering failures from HMRC has prompted many in the industry…

Steve Smith

Focus required: UK’s ‘fragmented’ AML supervision must be improved, and ‘failure to prevent’ economic crime offence back on the table

European Union, United Kingdom - March 8 2019 On 8 March 2019, the Treasury Committee published its Report on Economic Crime - anti-money laundering supervision and sanctions implementation…

Steve Smith