by AdrianaAMLP | Dec 13, 2025
Circular 27 sets out detailed criteria and scoring methods for assessing money-laundering risks of reporting entities, requires entities to build formal risk-management processes and to classify customers by risk level, and mandates internal AML policies that align...
by AdrianaAMLP | Nov 28, 2025
EPPO concludes that the proposed legislation restricts whistle-blower protection by narrowing coverage to persons directly employed by reporting entities, excludes external actors such as contractors or suppliers, and introduces retroactive changes that would affect...
by Jyotsna Bucktowar | Jul 18, 2025
Key provisions include mandatory 100% reserve backing with liquid assets such as U.S. dollars or short-term Treasuries, monthly public disclosures of reserve compositions, and strict marketing rules to prevent misleading claims about government backing. The Act also...
by AdrianaAMLP | Jun 17, 2025
The European Parliament has adopted a strong position on updating EU child sexual abuse (CSA) laws, calling for tougher penalties, abolishing limitation periods, and expanding the legal scope to include AI-generated deepfakes and livestreamed abuse. The proposed...
by Jyotsna Bucktowar | Sep 13, 2024
The burden of the recordkeeping requirement imposed by this rule is minimal because the records required to be maintained are likely maintained under standard business practice. The recent increase in the recordkeeping period to 10 years from five years could impose a...
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