Financial Crime - Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology

Following the Money: Recent FATF Compliance Findings

Historically, Financial Action Taskforce (FATF) evaluations focused on their member countries having implemented the recommendations. Now, the evaluations focus much more heavily on the effectiveness of the implementation. This is […] [...]

It’s All Happening in Financial Crime: Recent News Round-Up

With the FCA pushing hard to tighten the noose on regulations surrounding crypto firms and cryptoasset providers, the crypto space has been the forefront of very interesting discussions about opportunities […] [...]

Corruption Crackdown: Amending the Economic Crime Bill

According to Transparency International’s 2016 Report ‘Corruption on your Doorstep’, London acts as a “safe haven” for corrupt capital stolen from around the world because anti-money laundering checks can be […] [...]

Key Changes to the Annual Financial Crime Reporting (REP-CRIM) Obligation

As part of the FCA’s ongoing efforts to tackle financial crime, thousands of regulated firms will have new financial crime reporting requirements from 30 March 2022. Currently, around 2,500 firms […] [...]

Complyport’s Response to NatWest Money Laundering Fine

Failure to spot offences at multiple levels of the organisation necessitates “culture of compliance from the top down” and review of training & procedures. On Monday 13 December, NatWest plead […] [...]

Financial Crime Highlight – Money Laundering Directive and Predicate Offences

An Financial Crime Highlight by Complyport’s Financial Crime and Forensics Unit. The European Union’s (EU) 6th Money Laundering Directive (AMLD6) came into effect almost a year ago for its member […] [...]

Introductory Breakdown to the Pandora Papers

What are the Pandora Papers? The Pandora Papers is the largest investigation in journalism history, led by the International Consortium of Investigative Journalists (ICIJ), with the leak of around 12 […] [...]

FCA Data on UK Financial Crime

Of relevance to: All firms In a speech by Megan Butler, Executive Director of Supervision – Investment, Wholesale and Specialists at the Financial Conduct Authority (“FCA”), delivered at the Anti-Money […] [...]

5th revision of the MLD will bring greater transparency of beneficial ownership and enhance other areas

Of relevance to: All firms Key date: Adoption by July 2020 A fifth revision of the Money Laundering Directive (“5MLD”) – the current European Directive 2015/849 is the fourth […] [...]

FCA Financial Crime Guide to have new chapter on insider dealing and market manipulation

Of relevance to: All firms subject to the financial crime rules in SYSC 6.1.1R, and who arrange or execute transactions in financial markets Key dates: Comments to FCA by […] [...]

Information Sharing in the Private Sector

Of relevance to: All firms, particularly those within groups of companies The Financial Action Task Force (FATF) have issued additional guidance on Private Sector Information Sharing which aims to improve […] [...]

REP-CRIM

Of Relevance to: Firms falling within the criteria within SUP 16.23; those persons with responsibility for oversight of financial crime A reminder that a new financial crime data return (REP-CRIM) […] [...]

Market Abuse: Delegated Regulation

The new market abuse regime deriving from Market Abuse Regulation 596/2014 (EU MAR) applies from 3 July 2016 – see Regulatory Roundup 70 for further details. The European Commission has […] [...]

Thematic Review: Inside Information

The FCA has published its findings on yet another thematic review – this time looking at ‘Flows of Confidential and Inside Information’ (TR15/13). The review sample consisted of 16 mostly small […] [...]

Market Abuse

The FCA has released consultation paper CP15/35 on the revised market abuse regime “Policy proposals and Handbook changes related to the implementation of the Market Abuse Regulation (2014/596/EU)”. The current […] [...]

Whistleblowing

SYSC 18 promotes, in the sense that it contains guidance rather than rules, the use of the Public Disclosure Act 1998 in making protected disclosures (‘whistleblowing’). SYSC 18.2.2 specifically encourages […] [...]

AML: UK Risk Management

HM Treasury has published the first money laundering and terrorist financing (AML/CTF) national risk assessment (NRA). It may be recalled that earlier this year it published a supervision report on […] [...]

Money Laundering: Due Diligence Risk Factors

Under Article 17 (‘simplified due diligence’) and Article 18(4) (‘enhanced due diligence’) of the fourth Money Laundering Directive (2015/849), the European Supervisory Authorities (ESAs) are required to issue guidelines to […] [...]

Cyber Security 101: Educate

AIMA, the Alternative Investment Management Association, launched its Guide to Sound Practices for Cyber Security yesterday with a panel discussion hosted by MacFarlanes. The guide is relatively short for such […] [...]

AML Regulations for Registered Investment Advisers

On 25 August 2015, the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, proposed new rules (the Proposed Rules), requiring “certain” registered investment advisers […] [...]

Tag: Financial Crime

Following the Money: Recent FATF Compliance Findings

It’s All Happening in Financial Crime: Recent News Round-Up

Corruption Crackdown: Amending the Economic Crime Bill

Key Changes to the Annual Financial Crime Reporting (REP-CRIM) Obligation

Complyport’s Response to NatWest Money Laundering Fine

Financial Crime Highlight – Money Laundering Directive and Predicate Offences

Introductory Breakdown to the Pandora Papers

FCA Data on UK Financial Crime

5th revision of the MLD will bring greater transparency of beneficial ownership and enhance other areas

FCA Financial Crime Guide to have new chapter on insider dealing and market manipulation

REP-CRIM

Market Abuse: Delegated Regulation

Thematic Review: Inside Information

Market Abuse

Whistleblowing

AML: UK Risk Management

Money Laundering: Due Diligence Risk Factors

Cyber Security 101: Educate

AML Regulations for Registered Investment Advisers

INSIGHTS & EXPERTISE

NEWS & EVENTS

Webinar: Consumer Duty Board Reports – Year Two

Online Training Course: Your MLRO Training Day

Webinar: Navigating the IFPR Impact: Good and Poor Practices Observed

In-Person Training Course: Your MLRO Training Day

In-Person Training Course: Your MLRO Training Day

Fireside Chat: Operational Resilience – Have You Prepared?

Subscribe for Exclusive Regulatory News and Updates

Member of:

Accredited by:

Member of:

Accredited by:

Global Offices

Complyport UK – Headquarters, London Office

Complyport EU – Nicosia Office

Complyport EU – Limassol Office

Complyport UAE – Dubai Office

Complyport India – Mumbai Office

Complyport Mauritius – Port Louis Office