As many will be aware, The Financial Action Task Force (FATF) – which is the global standard setting body for anti-money laundering and combating the financing of terrorism – has […] [...]

Following on from Regulatory Roundup #13 which covered the Bribery Act, the Government has recently released a press statement about the delay in the publication of guidance on the Bribery […] [...]

The FSA has published its first Financial Crime Newsletter of the year, and the first since Margaret Cole took over responsibility for this area following the retirement of Philip Robinson. […] [...]

Following a review of 159 small firms (out of a population of 16,500) across the wholesale and retail sectors the FSA published ‘The Small Firms Financial Crime Review’. As firms […] [...]

The JMLSG has recently released Part III to its anti-money laundering guidance entitled ‘Specialist Guidance’. Part III will include some existing material that the JMLSG feels does not sit comfortably […] [...]

The Bribery Act 2010 creates new statutory offences, replacing common law. The most significant change is the introduction of a corporate offence, ‘failure to prevent bribery’ by persons associated with […] [...]

It will not have escaped your attention that FSA and SOCA have carried out a joint operation involving address searches and arrests in a clampdown on insider dealing; firms such […] [...]

The consultation version of the JMLSG ‘Prevention of money laundering/combating terrorist financing’ Guidance has been submitted to HM Treasury for Ministerial approval. [...]

The Financial Action Task Force (FATF) has acknowledged the work done by the UK in remedying deficiencies found in 2007. In that year FATF issued a report on the UK’s […] [...]