EU Authorities Issue Last-Gasp Warning On Brexit Preparations
The European Banking Authority (EBA) has reiterated its concerns over the level of Brexit planning …
Cayman Islands: Government Announces AML Requirement for Beneficial Ownership Register
On October 9, 2019, the government of the Cayman Islands published an announcement titled “Commitment by …
Slovakia: Parliament Approves Draft Law for Transposition of 5th AMLD
On October 9, 2019, the government approved the bill amending Act No. 297/2008 Coll. on protection …
Finland: Government Approves Cybersecurity Strategy 2019
On October 4, 2019, the Finnish government announced it had approved a decision on the Cybersecurity …
FATF Blacklisting Looms For Pakistan After Critical Evaluation
Pakistan authorities have come under heavy criticism for poor oversight and enforcement within the country’s …
European Firms Challenged Over Third Country AML Risk
Financial institutions headquartered in Europe but operating elsewhere face “significant” consequences if they do not …
Estonian Official Seeks Financial Crime Reforms To Avoid FATF Blacklist
Estonia’s minister of finance has said the country must bolster efforts against financial crime or …
UK: UK Finance Launches Access to Cash Initiative for Local Community
On September 30, 2019, UK Finance announced the “Community Access to Cash Initiative”, which aims …
Portugal: Council of Ministers Approves No-Deal Brexit Contingency Measures
On September 30, 2019, the presidency of the Council of Ministers has approved Decree Law …