by AdrianaAMLP | Oct 28, 2022
The Principles detail risk-based due diligence measures that, when undertaken, allow the Correspondent Bank to assess the profile, customer base and Financial Crime Programme of its Respondent customers. These will assist Correspondent Banks in developing a...
by AdrianaAMLP | Mar 25, 2022
HMT approves revisions of JMLSG Guidance relating to monitoring customer activity and correspondent relationships including revisions to its guidance relating to trade finance and syndicated lending…
by AdrianaAMLP | Mar 18, 2022
OFSI published two GL relating to Sberbank – one to allow for a 30-day wind-down period in respect of the correspondent banking and sterling payment provisions and one relating specifically to certain payments for energy products..
by AdrianaAMLP | Dec 8, 2021
The Czech Republic is encouraged to continue its efforts to address the remaining compliance deficiencies. It will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures. It is...
by AdrianaAMLP | Oct 24, 2021
JMLSG publishes a revised sectoral piece in Part II of its Guidance – Sector 15 (Trade Finance). Firms addressing the money laundering/terrorist financing risks in trade finance should also have regard to the guidance in Sector 16: Correspondent...
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