by Jyotsna Bucktowar | Mar 11, 2024
A key aim of the summit is to increase partnership work between law enforcement agencies, such as the National Crime Agency, the FBI, INTERPOL, Europol and the Japan National Police Agency. Sharing more intelligence, expertise and resources will help turn the tide...
by Jyotsna Bucktowar | Mar 1, 2024
The action plan includes creating best practice guidance on ML-linked red flags to look out for the financial sector, developing work on firm’s fraud controls including deep dives into money mule contracts, implementing a data-sharing approach to detect...
by Jyotsna Bucktowar | Feb 22, 2024
The government acknowledges the need to improve the SARs regime and is committed to implementing changes to enhance efficiency and effectiveness. They are exploring options to simplify and streamline the SARs process while ensuring appropriate information sharing...
by Jyotsna Bucktowar | Feb 6, 2024
The consultation highlights the importance of ensuring AI’s trustworthiness and public adoption through a strong pro-safety approach in order to realise the benefits of these technologies. The Govt announces over £100m to help realise new AI innovations and support...
by Jyotsna Bucktowar | Jan 29, 2024
The first amendment increases the threshold amount for a DAML application from GBP250 to GBP1,000, when a firm wishes to terminate a business relationship with a customer or client. The second one allows firms to pay away money or other property from a...
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