By means of Resolution No. 87/2024 (“Resolution“), the Secretariat of Commerce (“Secretariat“) established that businesses that operate with purchase, debit or credit cards must...
The FSA revised "Frequently Asked Questions Regarding “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”"("FAQs") (issued in March 2021, last revision: August 2022), in order...
On February 21, 2024, ARIIZUMI Shigeru, Vice Minister for International Affairs, gave a speech titles “Changing Dynamics - How should regulators respond to new...
On 13 February 2024, the FCA issued a Final Notice to Floris Jakobus Huisamen, the former director and compliance officer of London Capital & Finance plc...
The Commission has today issued an amendment to the country list in Appendix I of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”) reflecting...
The Commission has today issued amendments to the country list in Appendix I of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”) reflecting the...
In brief
On 7 February 2024, the European Parliament voted the proposed Directive amending the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD) and the UCITS...
In brief
The Financial Regulatory Authority (“FRA”) recently published regulations setting out the requirements for establishment and licensing for companies seeking to offer certain non-banking...
The Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 (“the Enforcement Powers Law”)
The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc....
Date of prohibition order pursuant to section 33 of The Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 and prohibited functions:
From 1...
In brief
Discrepancy report – how to react?
Lately, quite a few companies have received so-called discrepancy reports from the German Federal Gazette (“Bundesanzeiger“), the authority...
The Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 (the “Enforcement Powers Law”)
The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc...
AUSTRAC has announced its regulatory priorities for the year ahead, detailing how we plan to bolster the financial system’s resilience to money laundering, terrorism...
