by Jyotsna Bucktowar | May 7, 2024
The FAQs are designed to complement existing guidance, which will continue to take precedence along with the relevant legislation. FAQs will be published on an “as- needed” basis, focusing on areas where new guidance would be beneficial to a substantial audience....
by Jyotsna Bucktowar | May 6, 2024
According to the FAQs, Article 5r establishes new reporting requirements intended to provide national competent authorities (“NCAs”) with information on the flow of funds out of the European Union related to Russian-owned entities as opposed to entities that are...
by AdrianaAMLP | Mar 4, 2024
The updated document specifically highlights: Clearer delineation of country risk within the wider context of CDD and enhanced due diligence EDD; Criminal indicators, political and regulatory factors which should be considered when developing a methodology to evaluate...
by Jyotsna Bucktowar | Dec 27, 2023
The EC updated its Russia Sanctions FAQs concerning several sectors: 1) Medicines and medical devices, 2) Media, 3) Export-related restrictions for dual-use goods, and advanced technologies, 4) Imports, purchase and transfer of listed goods… ...
by AdrianaAMLP | Jan 24, 2023
OCCRP published a FAQ highlighting that proxies are people that form a crucial part of a sophisticated secrecy industry that undermines the global financial system by letting dirty money flow undetected, unchecked, and uninterrupted around the world…
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