The last edition of Regulatory Roundup (Issue 64) advised that following approval by the European Council the (fourth) Money Laundering Directive was now awaiting adoption by the European Parliament (EP). […] [...]

It may be recalled that last November the FCA issued Guidance Consultation GC14/7 (see Regulatory Roundup 60) proposing amendments to Parts 1 & 2 of the Financial Crime Guide (FC). […] [...]

As an update to the article in Regulatory Roundup 61 on the progress of the (fourth) Money Laundering Directive (‘4MLD’), the European Council (‘EC’) has recently issued a press release. […] [...]

The FCA has published its thematic review findings on controlling the risk of market abuse in asset management firms – “Asset management firms and the risk of market abuse” (TR15/1). […] [...]

The (fourth) Money Laundering Directive (4MLD) continues to progress through the European machinery following  a deal having been struck by the European Parliament and European Commission just before Christmas. A […] [...]

The FCA’s Financial Crime Guide (FC) consists of two parts, with part 2 providing summaries of thematic reviews and examples of good and poor practice. The Regulator has published a […] [...]

An FCA thematic review of Anti-Money Laundering (AML) and Anti-Bribery and Corruption (ABC) Systems and Controls (TR13/9) has identified common weaknesses and the regulator has expressed concern over their findings. […] [...]

Whilst MAR 1 contains guidance on market abuse, the requirement to submit a suspicious transaction report is set out in SUP 15.10. Currently SUP 15.10.2 applies to any firm arranging […] [...]

For those firms that make use of hard copies of the JMLSG Guidance, a reminder that Parts I to III have been overhauled. HM Treasury approved the changes to the […] [...]

Firms, and in particular MLROs, should be aware that HM Treasury has updated its advisory notice on overseas jurisdictions which have unsatisfactory money laundering and terrorist financing controls. The notice […] [...]

Firms, and MLROs in particular, should be aware that HM Treasury has updated its advisory notice on problem jurisdictions where Enhanced Due Diligence (EDD) is advised and where firms may […] [...]

The asset management sector appears to be popular with the FSA at the moment (see article on ‘Conflicts of Interest’ in this Regulatory Roundup), given a recent speech by Tracey […] [...]

The FSA has published its latest Financial Crime Newsletter (issue 16). There is not much that is new inside e.g. it mentions the March 2012 report on findings on anti-bribery […] [...]

HM Treasury advises that the Money Laundering (Amendment) Regulations 2012 will come into force on 1 October 2012 – see Regulatory Roundup 31 concerning the consultation. The Money Laundering changes […] [...]

FATF has recently produced updated lists of problem jurisdictions which will be of interest to firms in general, and in particular to the MLROs. The first list concerns those countries […] [...]