Our extensive knowledge at your fingertips

Over 20 years of articles and reference material

A page dedicated to global, regional, UK and US anti-money laundering developments and initiatives.

Browse the resource database or make a sub-selection:

Latest editions

Search

Guernsey FSC: Thematic Review of managing the risk posed by Politically Exposed Persons

FSC undertook onsite inspections to 30 firms across the sectors with the largest exposure to PEPs and found that the controls employed by firms to mitigate PEP risk were effective, with only three of the 30 firms requiring risk mitigation programmes to remediate identified issues.

CFATF conducts Mutual Evaluation of Dominica

Recommends a more comprehensive assessment of TF risk, cross-border financial flows, legal persons, non-profit organisations (NPOs), virtual asset service providers (VASPs) and the Citizenship by Investment (CBI) programme

OSFI-Canada launches consultation on regulatory capital and liquidity treatment of crypto-asset exposures

OSFI announced two draft guidelines, one for federally regulated deposit-taking institutions and another for insurers, on the regulatory capital treatment of crypto-asset exposures.

ESMA: Inclusion of the UAE on AML blacklist requires ESMA to withdraw the recognition decisions of three CCPs

Applies to: Dubai Commodities Clearing Corporation, Dubai Clear LLC and Nasdaq Dubai Ltd.

SRA issues AML/TF risk assessment guidance

Firms should assess their risks and target their resources to the areas or products that are most likely to be used to launder money. The UK Government periodically undertakes a National Risk Assessment pulling together risk-based information from all sectors…

EAG conducts Mutual Evaluation of Turkmenistan

The report analyses Turkmenistan’s AML/CFT system for compliance with the 40 FATF Recommendations and assesses its effectiveness. The report also contains recommendations for strengthening the existing AML/CFT regime.

EAG conducts Mutual Evaluation of Kazakhstan

The report analyses Kazakhstan’s AML/CFT system for compliance with the 40 FATF Recommendations and assesses its effectiveness. The report also contains recommendations for strengthening the existing AML/CFT regime.

MONEYVAL conducts Fifth Round Mutual Evaluation of North Macedonia

North Macedonia’s authorities have generally a good understanding of the country’s ML/TF risks.

MONEYVAL conducts Fifth Mutual Evaluation of Romania

Romania demonstrates a fair understanding of ML risk, although understanding of TF risk is developed to a lesser degree. Necessary arrangements for domestic cooperation and coordination are in place, however, due to their recent nature effectiveness is yet to be demonstrated.

EAG publishes first enhanced follow-up report following the mutual evaluation of Uzbekistan

The Republic of Uzbekistan has demonstrated considerable progress in addressing the TC deficiencies identified in the MER and will be moved from enhanced to regular follow-up.

FATF publishes follow-up report on AML/CFT in Turkey

Türkiye has taken positive steps towards improving its AML/CFT regime and, as a result, the country has been re-rated on six recommendations.

NCA publishes Annual Report and Accounts 2022/23

This report details the Agency’s performance over the past financial year and relates to operational activity the Agency has undertaken or where Agency activity led to interventions overseas.