1. There has been a notable shift in the focus of (inter)national concern and policy priorities since the emergence of the global anti-money laundering (AML) regime in the 1980s, from an emphasis o...
No firm determination has been reached yet on which offences should be included within the regime. However, the tabled amendments that have received most traction have focused on an offence of failure to prevent fraud, false accounting and money laundering by "associated persons" which...
Related: Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt The U.K. National Crime Agency and police were recently authorized to “seize, freeze, and destroy” cryptocurrencies related to crime proceedings without formal arrests. Home Secretary James Cleverly said tha...
gov.uk, built by the Government Digital Service (GDS), which also consulted data users in shaping the future of open data, sought to identify core data assets and published information on grants data. There are concerns that GDS is showing signs of lacking both overall vision...
3. https://assets.publishing.service.gov.uk/ government/uploads/system/ uploads/attachment_data/file/863735/ 2020-01-16-RPC-HMT-4432_1_-Transposition_of_the_Fifth_Anti-Money_Laundering_Directive.pdf 4. https://www.fca.org.uk/firms/financial-crime/money-laundering-regulations 5. https://www...
there will be no reference to distributed ledger technology (DLT) in the definition of "qualifying cryptoasset" for the purposes of the financial promotion regime, in order to future-proof the definition. However, the definition in the money-laundering regime does include DLT a...
These regulations were made under the Sanctions and Anti-Money Laundering Act 2018. The legislation confers powers on the Secretary of State for enforcing trade, aircraft and shipping sanctions and related requirements. The Secretary of State for the Department for Business and Trade (DBT) and the...
Email: info@gamblingcommission.gov.uk Address: Gambling Commission, Fourth Floor, Victoria Square House, Victoria Square, Birmingham, B2 4BP eCOGRA: What Is It? eCOGRA, also known as the eCommerce Online Gaming Regulation and Assurance, is a UK-based independent regulatory body for the online ...
(to broaden it to cover crimes committed with the consent or connivance of senior managers, and to cover collective negligence) and the introduction of specific failure to prevent offences (particularly in relation to fraud, but maybe also in relation to failure to prevent money ...
These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations). Regulations 3 to 8 amend Part 5 (which makes provision in respect of trade) of the 2019 Regul...