A group of EU member states led by Germany is seeking to make the inclusion of cryptocurrency firms under the AMLA's remit more explicit.
The Economic Crime (Transparency and Enforcement) Bill first promised in 2016 has been introduced in Parliament and will be fast-tracked through the legislature.
The UKSDEA promotes free flows of data between the UK and Singapore including in financial services. Both countries will work towards recognising each other's digital identity systems.
Western leaders have committed to removing "selected Russian banks" from the SWIFT financial messaging system to harm their ability to operate globally.
The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.
The US is targeting all ten of Russia’s largest financial institutions. Russian access to most major markets has been restricted.
The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.
Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.
The data unearthed evidence that Credit Suisse accounts were used by clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.
Three people were arrested on suspicion of attempting to defraud HMRC using 250 fake companies. This is the first time a UK agency has seized NFTs.
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