by AdrianaAMLP | Apr 4, 2024
Refers to civil breaches of the regulations and not to criminal offences and covers the period 1 April to 30 September 2023.
by Jyotsna Bucktowar | Apr 4, 2024
*In the last two years the sum total of funds denied from DAML requests is £578.4m, higher than the total denied in the previous six years at £499m. 2021 – 2022 benefitted from seven cases of asset denial between £10m and £50m, contributing to a very high overall...
by Jyotsna Bucktowar | Apr 4, 2024
The FCA alleged that AWL unlawfully took approximately £2.8m as deposits under loan agreements and/or as part of an unauthorised collective investment scheme arranged investments in EMB Fund Limited (EMB) totalling about US$9m which breached the restrictions on...
by Jyotsna Bucktowar | Apr 3, 2024
This initiative run by the regulators is intended to help facilitate the adoption of innovative technology in digital assets in the UK. The consultation is relevant to firms intending to apply to enter the DSS and be approved as a sandbox entrant, as well as firms...
by Jyotsna Bucktowar | Apr 1, 2024
OFSI released a survey to gather industry perspectives and invite users to contribute to efforts in strengthening financial sanctions compliance. The survey takes approximately 10 minutes to complete and is open until April 12, 2024, at 5pm.
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