JMLSG publishes amendments to Sectors 8 and 9 in Part II

JMLSG made final amendments to the Part II of its Guidance: Sector 8 (Non-life providers of investment fund products) and Sector 9 (Discretionary and advisory investment management). These have been submitted to HM Treasury for Ministerial approval..

Insurance Europe Paper on EC AML Package 

Insurance Europe fully supports the efforts to strengthen the EU’s framework for AML/CFT.  It is essential for the risk based approach (RBA) to remain the guiding principle to ensure AML/CFT resources are allocated where they are needed…