The months of May and June have been a very busy time from an anti-money laundering perspective. Here are the blogs from that period in case you missed them:
- Criminal Finances Act 2017 (8 May 2017)
- JMLSG consults on revisions to Parts II and III of its AML and CTF guidance (10 May 2017)
- European Parliament again rejects blacklist of states at risk of money laundering (18 May 2017)
- Wolfsberg Group guidance on PEPs (24 May 2017)
- ESAs consult on technical standards to strengthen group-wide money laundering and terrorist financing risk management (1 June 2017)
- Basel Committee guidelines on sound risk management of risks related to money laundering and financing of terrorism – revisions to correspondent banking annex (8 June 2017)
- JMLSG revises guidance on electronic money (13 June 2017); and
- FCA consults on 4MLD and Fund Transfer Regulation implementation (13 June 2017)