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UK: Fourth Money Laundering Directive and changes to PSC Regime

ehoganlovells.com/rv/ff003077c9bf117a694a9aea4b4ca1f0daea9692/p=7855325https://www.forbessolicitors.co.uk/news/display/38655/accountants-update-changes-to-the-psc-regime www.kingsleynapley.co.uk/insights/blogs/criminal-law-blog/eu-anti-money-laundering-rules-tackling-risky-business-and-reckless-conduct cms.law/en/GBR/Blogs/law-now-blog/Extension-of-PSC-transparency-rules-Action-required-within-14-days People with significant control register and trust registration service to become integrated into client due diligence requirements www.withersworldwide.com/news-publications/how-us-persons-can-be-made-public-by-the-uk-register-estate-planning The Register of Persons with Significant Control (taylorwessing.com) 0
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European Union, Money Laundring, UK

South Africa: Financial Intelligence Centre Amendment Act signed into Law

www.hoganlovells.com/en/publications/fica-bill-signed-into-law See also: www.ensafrica.com/news/detail/5847/verification-of-clients-under-fica-and-the-da www.ensafrica.com/news/detail/5971/why-a-failure-to-amend-fica-could-see-disinve www.ensafrica.com/news/detail/6922/fic-issues-stern-warning-to-new-accountable-i www.ensafrica.com/videos/detail/195/webinar-fica-what-is-a-risk-based-approach-#page=1 Update: www.ensafrica.com/news/detail/6464/new-accountable-institutions-in-terms-of-fica www.ensafrica.com/news/detail/6544/-could-you-be-an-accountable-institution-unde www.ensafrica.com/videos/detail/179/ensafrica-webinar-fica-101#page=1 www.ensafrica.com/news/detail/6693/south-africa-faces-increased-scrutiny-as-fatf www.ensafrica.com/news/detail/6720/d-day-for-registration-of-new-accountable-ins www.ensafrica.com/news/detail/7106/trustees-under-scrutiny-demystifying-south-af www.eversheds-sutherland.com/en/switzerland/insights/ensuring-financial-integrity-the-vital-role-of-fica-compliance-in-south-africa www.ensafrica.com/news/detail/8150/accessing-information-reported-obtained-or-ge 0
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Money Laundring, Risk Management, South Africa

US: Trends and Developments in AML and Sanctions

Click to access 2017-04-27-aml-trends-and-developments.pdf Update: www.arnoldporter.com/en/perspectives/publications/2018/02/time-to-reevaluate-antimoney-laundering-compliance www.wilmerhale.com/en/insights/client-alerts/20190725-anti-money-laundering-and-sanctions-trends-and-developments-emerging-under-the-trump-administration See also: www.tradesanctions.com/nearly-75-percent-ofac-penalties-one-commonality/#page=1 0
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Banking, Money Laundring, Regulatory, Risk Management, Sanctions, US

US: FinCEN announce Settlement with former Chief Compliance officer of Money Gram

www.fincen.gov/news/news-releases/fincen-and-manhattan-us-attorney-announce-settlement-former-moneygram-executive www.sidley.com/en/insights/newsupdates/2015/01/fincen-seeks-civil-money-penalty-and-injunction-against-former-chief-compliance-officer-of-moneygram www.crowell.com/NewsEvents/AlertsNewsletters/all/A-250-000-Settlement-with-FinCEN-Puts-AML-Compliance-Officers-in-the-Cross-Hairs         0
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Money Laundring, Regulatory, Risk Management

Germany: New BaFin Circular on Video Identification

knowledge.freshfields.com/de/Germany/r/3447/videoidentifizierung_reloaded___das_neue_rundschreiben_der www.bafin.de/SharedDocs/Veroeffentlichungen/DE/Rundschreiben/2017/rs_1703_gw_videoident.html Update: Better late than never – video identification now also permitted for non-financial sector entities in Germany, Jan Struckmann, Marcel Michaelis, Johannes Schäfer (freshfields.com) 0
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Banking, Germany, Money Laundring, Regulatory