The European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority (collectively known as the European Supervisory Authorities) have ...

Entain has said it fully cooperated throughout Austrac's case and that it continues to engage constructively and in good ...

AUSTRAC said it has estimated that 85% of ATM transactions made by the 90 most prolific users were the proceeds of scams and ...

CPA Australia has issued a statement regarding the guidance material released by AUSTRAC on the new anti-money laundering and counter-terrorism financing (AML/CTF) regulations. The accounting body has ...

Where cryptoasset firms intend to carry out cryptoasset activity in the United Kingdom (UK), and that activity falls within scope of the MLRs, such firms must register with the FCA before carrying out ...

FinCEN issued an advisory (the “Advisory”) regarding the issuance by the Financial Action Task Force (the “FATF”) of an updated list of jurisdictions that the FATF has identified as having strategic ...

Canada’s financial regulator has announced that it will soon implement new anti-money laundering laws including stringent reporting requirements for crypto. The Financial Transactions and Reports ...

The Department of Home Affairs has claimed if the Anti-Money Laundering and Counter-Terrorism Financing Amendment and Other Legislation Bill 2019 (AML/CTF Bill) is passed, it has the potential to ...

The Senate Legal and Constitutional Affairs Legislation Committee has made one recommendation after reviewing the proposed amendments to Australia's Anti-Money Laundering and Counter-Terrorism ...

John M. Huff, the chief executive of the Association of Bermuda Insurers and Reinsurers, has been elected to chair the Global Federation of Insurance Associations’ Anti-Money Laundering and Counter ...

The implication seems to be that these are the minimum details required (i.e., this list is not exhaustive). The BP is somewhat tricky. This is because BPs are normally prepared for a broad range of ...