Baker McKenzie | South Africa | 23 Nov 2022
In October 2021, the Financial Action Task Force (FATF) published its Report on South African Anti-money Laundering and Counter Terrorist Financing…
Lexology PRO | Asia-Pacific, Brazil, Central & South America, etc. | 9 Nov 2022
The UK SFO fines Glencore US$319 million after uncovering a US$29 million bribery scheme, the EBA publishes a taxonomy on payment services fraud and Australia updates trade-based ML guidance – plus other key updates.
Fried Frank Harris Shriver & Jacobson LLP | Global, USA | 31 Oct 2022
The Financial Action Task Force ("FATF") updated its list of jurisdictions with strategic AML/CFT and counter-proliferation deficiencies. FinCEN…
Rahman Ravelli | Africa, Democratic Republic of Congo | 28 Oct 2022
The first Financial Action Task Force (FATF) Plenary under Singaporean Presidency concluded with the Democratic Republic of the Congo (DRC) being…
Corrs Chambers Westgarth | Australia | 27 Jun 2022
One of the key messages following the recent Federal Senate Committee inquiry into Australia’s anti-money laundering and counter terrorism financing…
Lexology PRO | Australia, European Union, Global, etc. | 22 Jun 2022
The US considers a bipartisan bill regulating digital assets, UK courts clarify the scope of the “Quincecare duty” for fraud claims, and a federal Australian anti-corruption agency is on the horizon – plus other key updates.
Lexology PRO | Africa, British Virgin Islands, Canada, etc. | 31 May 2022
Streamlining data collection and identifying target data early can help companies to comply with expanding beneficial ownership disclosure requirements.
Lexology PRO | Australia, Canada, European Union, etc. | 8 Apr 2022
Overseas beneficial ownership registers, darknet crypto-platform seizures, and cross-border cooperation are just some of the ways enforcers are tackling sanctions evasion.
Lexology PRO | European Union, France, Global, etc. | 23 Mar 2022
The UK Economic Crime Act fast-tracks to royal assent, Poland’s Act for assisting Ukraine could permit the abuse of public funds, and the USAA Federal Savings Bank is fined US$140 million for AML failures – plus other key updates.
Deacons | Hong Kong | 23 Mar 2022
In view of the recommendations of the Financial Action Task Force (FATF) in the Mutual Evaluation Report on Hong Kong and the latest changes to the…