EU Council on violation of sanctions as an EU crime

The Council of the EU requested the European Parliament’s consent on a decision to add the violation of restrictive measures to the list of ‘EU crimes’ included in the Treaty on the Functioning of the EU. The EU has adopted a number of restrictive measures in the...

MONEYVAL on AML/CFT supervision in times crisis 

The purpose of this document is to assist the authorities and SROs in the consideration of their own possible domestic measures to be applied in crisis situations. Although most supervisors will already have well-developed business continuity plans…

EU Council statement on Russian Sanctions Regime

The Council condemns Russia’s continued aggressive actions and threats against Ukraine, and calls on Russia to de-escalate, to abide by international law and to engage constructively in dialogue through the established international mechanisms…

MONEYVAL AML/CTF report for Cyprus

The report outlines a range of legislative and regulatory measures taken by Cypriot authorities concerning risk assessments and monitoring of its Non-Profit Organisation sector and correspondent banking…