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Bolsonaro Sentenced to 27 Years for Coup Plot, Marking Historic First in Brazil

Former Brazilian President Jair Bolsonaro was sentenced...

Thailand’s Supreme Court Orders Former Prime Minister Thaksin Shinawatra Back to Prison

Thailand’s Supreme Court ruled on Tuesday that...

U.S. Treasury Issues Guidance to Boost Cross-Border Financial Information Sharing

The U.S. Department of the Treasury’s Financial...

Tag: bribery

United Kingdom: The future of crypto regulation – Treasury provides clarity on the wider regime

In brief Following its February 2023 consultation and call for evidence on a future financial services regulatory regime for cryptoassets, HM Treasury issued its policy...

United Kingdom: Economic Crime Update: Introduction to the Failure to Prevent Fraud Offence and Corporate Criminal Liability Reforms

Jonathan chairs the firm's Financial Institutions Global Industry Group and is a partner in the London Dispute Resolution practice. Jonathan has deep experience in advising...

United Kingdom: The future of crypto regulation – Treasury provides clarity on the wider regime

In brief Following its February 2023 consultation and call for evidence on a future financial services regulatory regime for cryptoassets, HM Treasury issued its policy...

United Kingdom: The future of UK stablecoin regulation – Treasury and regulators provide more detail on approach

In a long-awaited update on its plans for the UK’s crypto regulatory framework, on 30 October 2023, HM Treasury issued three interlinked policy documents...

AML/CFT Handbook – Appendices C and I Updates — GFSC

The Commission has today issued amendments to the country lists in Appendix C and Appendix I of the Handbook on Countering Financial Crime and Terrorist...

United States: New businesses get more time to report beneficial ownership information

With the new year comes the 1 January 2024 effective date of the Corporate Transparency Act (CTA), which will require approximately 32.6 million US...

Ukraine: Improving guidance on identifying ultimate beneficial owners

On 19 September 2023, the Cabinet of Ministers of Ukraine and the National Bank of Ukraine adopted Regulation No. 1011, introducing a comprehensive methodology...

Italy: Introduction of new offenses in the list of predicate crimes

Law no. 137 of 9 October 2023 introduced the offences of Bid Rigging (Article 353 of the Criminal Code), Interference with the Tender Process...

Canada: Securities regulators provide guidance on interim approach to stablecoins for crypto asset trading platforms

In brief On 5 October 2023, the Canadian Securities Administrators published guidance on dealing in Stablecoins, including by imposing updated terms and conditions for crypto...

Australia: Modernising Australia’s payment systems – Reforming the Payments Systems (Regulation) Act 1998

The Government has released exposure draft legislation (“Bill“) to update the Payments Systems (Regulation) Act 1998 (“PSRA“). This follows consultation conducted  in June 2023...

United States: DOJ announces new mergers & acquisitions Safe Harbor Policy

On 4 October 2023, Deputy Attorney General Lisa Monaco of the U.S. Department of Justice announced a new DOJ-wide policy that seeks to provide...

United Kingdom: Top tips for compliance with the cryptoasset financial promotions regime

The FCA’s final rules for cryptoasset financial promotions, published in June 2023, will take effect from Sunday 8 October. Those marketing in-scope cryptoassets to UK...

AML/CFT guidance for registered directors — GFSC

The Commission has today issued in final form guidance for registered directors on their anti-money laundering and counter terrorist financing obligations. No changes have been made...

Italy: Sunshine Act – The draft decree and related technical regulations on the “Transparent Healthcare” public register

On 17 August 2023, the Ministry of Health published the draft decree, and related technical regulations, on the “Transparent Healthcare” public register and launched...

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