In the fifth episode of season 6 of the Compliance Clarified podcast, Susannah Hammond is joined by Rachel Wolcott and Brett Wolf to look at the compliance challenges posed by financial crime in general and sanctions in particular.
Links to content referenced in the discussion:
European Banking Authority new guidelines for MLROs which come into effect on December 1 2022
https://www.eba.europa.eu/sites/default/documents/files/document_library/Publications/Guidelines/2022/EBA-GL-2022-05%20GLs%20on%20AML%20compliance%20officers/1035126/Guidelines%20on%20AMLCFT%20compliance%20officers.pdf
MEPs present plans to crack down on financial crime with new Anti-Money Laundering Authority
https://www.europarl.europa.eu/news/en/press-room/20220613IPR32836/meps-present-plans-for-new-anti-money-laundering-authority
ACAMS Ukraine crisis hub
https://www.acams.org/en/ukraine-crisis-rapid-response-resources#rapid-response-briefs-6c1b6814
https://www.moneylaundering.com/news/hunt-for-russian-wealth-exposes-eus-sanctions-shortcomings/
'Reputation launderers,' disinformation campaigns hinder sanctions and financial crime compliance efforts
https://www.jdsupra.com/legalnews/reputation-launderers-disinformation-8673225/
Amendments to the Money Laundering, Terrorist Financing and Transfer of funds (information on the payer) regulations 2018 statutory instrument 2022, response to the consultation
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1082704/MLRs_SI_2022_-_Consultation_Response.pdf
New Office of Financial Sanctions Implementation (OFSI) penalty guidance
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1081195/OFSI_Enforcement_guidance_June_2022.pdf
Putin's People by Catherine Belton
https://www.theatlantic.com/magazine/archive/2020/09/catherine-belton-putins-people/614212/
Lazarus Heist: North Korean hacks
https://www.bbc.co.uk/programmes/w13xtvg9/episodes/downloads
Superyachts:
https://news.sky.com/story/pr-stunt-captain-of-38m-superyacht-seized-in-london-says-govt-has-got-the-wrong-guy-12634728
U.S. Treasury defines ‘new investments’
https://www.linkedin.com/posts/amlwolf_treasury-defines-new-investment-activity-6942883691002019840-Alqm?utm_source=linkedin_share&utm_medium=ios_app
The survey for the TRRI annual fintech, regtech and the role of compliance report – if you would like to take part in that please click the below link
https://reuters.az1.qualtrics.com/jfe/form/SV_9HckOjpJJTOp3EO
Further information on Thomson Reuters Regulatory Intelligence can be found at:
https://legal.thomsonreuters.com/en/products/regulatory-intelligence?elqTrackId=73370082102a4669b4d34524158b501c&elqaid=3945&elqat=2
