In its factsheet Finfluencer – Tipps für verantwortungsvolle Werbung, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or Bafin) previously emphasised that advising others as to which investments they should make, or refrain from making, may amount to regulated investment advice.
By way of background, finfluencers will not ordinarily satisfy the statutory
Overview
On August 13, 2026, Colin M. McDonald, Assistant Attorney General of the U.S. Department of Justice’s (DOJ) National Fraud Enforcement Division (the Fraud Division or the Division), issued a memorandum (the Memorandum) to all Fraud Division personnel setting out the Division’s enforcement priorities. According to the Memorandum, the Department intends
On 7 August 2026, the Financial Conduct Authority (FCA) issued a Statement setting out that it is concerned about a number of risks among unregulated lenders, safe custody providers, money brokers and financial leasing companies (Annex 1 firms). Firms including unregulated lenders, safe custody providers, money brokers and financial leasing companies, need to
On 16 July 2026, the Financial Action Task Force (FATF) published a targeted update on implementation of the FATF standards on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs).
Background
This targeted update assesses progress and remaining gaps in the implementation of Recommendation 15 (R.15) across
On 15 July 2026, the government published a call for evidence in relation to unauthorised fraud in the UK.
Background
The government sets out that unauthorised fraud refers to fraudulent transactions made without the account holder’s knowledge or consent where access is gained to a bank account, payment card, or remote banking channel and make
From 29 June 2026, organisations can be held liable in the UK where a senior manager commits an offence while acting within the actual or apparent scope of their authority. This represents a significant expansion of corporate criminal liability in the UK, building on the regime introduced by the Economic Crime and Corporate Transparency Act
On 3 June 2026, the Financial Conduct Authority (FCA) published a set of responses to questions raised by firms on the introduction of anti-money laundering (AML) regulations for cryptoasset firms, specifically, on the interaction between the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (
On 1 June 2026, the Joint Money Laundering Steering Group (JMLSG) published a consultation paper setting out proposed amendments to Part I of its Guidance.
Summary
The JMLSG explained that the proposed amendments are intended to take account of The Money Laundering and Terrorist Financing (Amendment) Regulations 2026, as laid and yet to
On 29 April 2026, the Financial Conduct Authority (FCA) published Market Watch 85.
In this edition of Market Watch the FCA discusses how the Economic Crime and Corporate Transparency Act 2023 can help firms share customer information to fight economic crime.
On 16 April 2026, the Anti-Money Laundering Authority (AMLA) issued two consultations on draft instruments that establish how obliged entities should identify, assess, and manage money laundering and terrorist financing risks. The first consultation concerns draft guidelines under Article 10(4) of the Anti-Money Laundering Regulation (Regulation 2024/1624) (AMLR) which set out