by AdrianaAMLP | Jul 5, 2024
The proposed rule would amend regulations to explicitly require that AML/CFT programs be effective, risk-based, and reasonably designed, enabling financial institutions to focus their resources and attention in a manner consistent with their risk profiles.
by AdrianaAMLP | Jun 19, 2024
The package of EBA regulatory products comprises: Final draft Regulatory Technical Standards (RTS) on the use of asset-referenced tokens (ARTs) and electronic money tokens (EMTs) denominated in a non-EU currency as a means of exchange; Final draft Implementing...
by AdrianaAMLP | May 24, 2024
The new authority will pursue a harmonised approach to strengthen the Union’s existing preventive AML/CFT framework and specifically AML/CFT supervision and cooperation between Financial Intelligence Units.
by Jyotsna Bucktowar | May 24, 2024
The updates include: The Regulations introduce “director disqualification sanctions” into a number of UK regimes (Venezuela, Guinea-Bissau, Belarus, Zimbabwe, Chemical Weapons, Syria, Russia, Guinea, Cyber, Bosnia & Herzegovina, Nicaragua, Global Human...
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.
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