Our extensive knowledge at your fingertips

Latest editions

Search

The UAE has established a new gambling regulator

The UAE has established a federal body to regulate the gaming industry, paving the way for the country to potentially become the first Gulf state to legalise casinos. The new authority is being set up to introduce a “world-leading regulatory framework” for a national lottery…

IMF publishes analysis on AML/CFT supervision for the Nordic-Baltic region

The IMF used machine learning technology, on a country specific and regional level, to better understand cross-border money laundering risks, analyzed the sensitivity of AML/CFT supervisory tools to respond to these risks and developed recommendations…

FINTRAC release guidance on conducting transactions with money services businesses

Information for consumers about FINTRAC’s role in regulating money services businesses and how to remain vigilant when deciding to use the services of this type of business.

APG Mutual Evaluation of AML/CFT in Brunei-Darussalam

Notes that the AML/CFT is strong is several areas, amid relatively low risk.

Securities and Exchange Board of India consults on plans to allow increased financial participation of Non – Resident Indians and Overseas Citizens of India

Follows increasing recognition that further investments in the Indian securities markets can be facilitated by channelling NRI/ OCI investments into the country through FPIs that are professionally run by investment managers and whose securities are kept in safe-keeping/custody by SEBI registered custodians.

IMF releases detailed assessment of AML/CFT in the Côte d’Ivoire

Report analyses the level of compliance with the FATF 40 Recommendations and the effectiveness of Côte d’Ivoire’s AML/CFT system and provides recommendations on how the system could be strengthened.

FATF issues follow-up report to Bhutan’s assessment of AML/CFT

The country has been re-rated on four recommendations from Partially Compliant to Largely Compliant

Uganda publishes National Risk Assessment of Money Laundering and Terrorist Financing

Builds on the foundation of the initial assessment published in 2017; evaluating vulnerabilities within different sectors of the economy, including the Financial Sector, Designated Non-Financial Businesses and Professions (DNFBPs), Other Financial Institutions, and Non-Profit Organisations (NPOs).

GIABA publishes fourth enhanced follow-up report on Burkina Faso

The country has been upgraded on 3 recommendations, but remains non-compliant or partially compliant on 12 and enhanced follow up regime will continue.

GIABA publishes report on Mutual Evaluation of Liberia

Liberia has a good understanding of its ML risks and a fairly good understanding of its TF risks. Cooperation and coordination at the policy level is among the country’s strengths. LEAs are poorly resourced and lack training and have difficulty in identifying ML resulting from predicate offences.

GIABA publishes follow-up report on Benin

Benin has made significant progress in addressing the technical compliance deficiencies identified in its MER and is re-rated on Recommendations 6 and 7 from Partially Compliant to Largely Compliant.

APG Mutual Evaluation of AML/CFT in Laos

Identifies significant gaps in the assessment and understanding of national and sectoral ML/TF risks in casinos, real estate, banks, transnational organised crime, corruption, environmental crime and human trafficking, etc, as well as
cross-border risks.