by AdrianaAMLP | Jul 30, 2024
The findings concluded that banks, payment firms, lenders and other financial firms need to do more to ensure MPs, public servants and their families are treated fairly. At the same time, the FCA has also launched a consultation on amendments to its PEP guidance, but...
by AdrianaAMLP | Jul 15, 2024
The Wolfsberg Group (the Group) has engaged with Abracam (The Brazilian Foreign Exchange Association) to better understand their proposal to introduce a process to validate local institutions’ responses to the Wolfsberg Correspondent Banking Due Diligence...
by AdrianaAMLP | Jul 8, 2024
On the surface, the Horizontal Review shows positive results – over half of FATF members have scores over 80%. However, these results are less promising when one considers the context and materiality of the seven FATF members falling below the score of 50%....
by AdrianaAMLP | Jun 24, 2024
The FCA explains that it had been on track to publish the findings from this review (which was launched in September 2023) in line with the end of June deadline set in the Financial Services and Markets Act 2023. However, it does not consider it appropriate to publish...
by Jyotsna Bucktowar | Jun 21, 2024
China’s Anti-Money Laundering (AML) framework to combat wildlife-related crimes is deemed limiting for enforcement, supervision, and international cooperation compared with frameworks in other countries…
Recent Comments