The UK Financial Conduct Authority (FCA) is entering the final year of its 2022-2025 strategy, which features a commitment to be more innovative, assertive and adaptable. Its 2024/25 Business Plan outlines how the regulator...more
3/29/2024
/ Anti-Money Laundering ,
Consultation ,
Enforcement ,
Enforcement Priorities ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
HM Treasury ,
Market Abuse ,
Strategic Planning ,
Supervision ,
UK
Almost six years have passed since the introduction of the UK Sanctions and Money Laundering Act, and two years since Russia's invasion of Ukraine, which was a watershed moment for the UK sanctions regime.
Against the...more
3/8/2024
/ Economic Sanctions ,
EU ,
Financial Crimes ,
Information Reports ,
Judicial Intervention ,
Money Laundering ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Supply Chain ,
UK ,
UN Security Council ,
United Nations
“Stopping financial crime requires a collective effort...we will be more proactive in our supervision. Where we detect harm or UK-wide financial crime vulnerabilities, we will continue to share intelligence with our partners...more
In January 2018 the Criminal Finances Act 2017 (“the Act”) came into force. The Act brought in a number of important legal developments, including Asset Freezing and Forfeiture Orders (“AFFOs”) and the offence of failure to...more