11th January 2017
In June 2015, the European Union’s fourth anti-money laundering directive (“4MLD”) was enacted, with the requirement that all member states transpose the rules into national law within two years. The directive is the EU’s main instrument for preventing the misuse of its financial system by money launderers and supporters of terrorism. Read More
9th January 2017
Paan-stained and fraying, the basement cubbyhole is next to an open-air technology hub that is also known as one of the world’s biggest markets for pirated and counterfeit products. Read More
30th December 2016
The New York State Department of Financial Services (DFS) on Wednesday released a revised draft of an ambitious regulation designed to protect the state and its citizens from cyberattacks against financial institutions. Read More
22nd December 2016
The European Commission is shoring up money laundering measures to regulate cash flows and freeze terrorist assets. Read More
21st December 2016
Cross-party group backs amendment to criminal finances bill making overseas territories introduce public registers. Read More
21st December 2016
European council proposals on company information would lead to ‘business as usual’ in wake of Panama Papers, critics say. Read More
20th December 2016
Financial crime prevention laws are never static, and 2016 has proved no exception to the continuous cycle of changes to existing laws and the introduction of new ones. Read More
20th December 2016
You don't need us to tell you it’s been a year for surprises. Read More
19th December 2016
Britain's intelligence agencies need to do more to help regulators to protect the financial services industry from cyber crime, the head of an influential parliamentary committee said on Monday. Read More
19th December 2016
In his Dec. 14 op-ed, “Vanquishing the red-tape monster,” Philip K. Howard wrote about performance-based regulatory “reform” but did not discuss what many in industry really want: no regulations. Read More