On 15 December 2022 the United Kingdom announced its latest expansion of sanctions against Russia. New prohibitions were added relating to trust services, and professional and business services, and existing restrictions...more
12/23/2022
/ Anti-Money Laundering ,
Economic Sanctions ,
Enforcement ,
EU ,
Financial Institutions ,
Foreign Entities ,
International Trade ,
Investment ,
New Rules ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Russia ,
UK
The UK has stepped up its anti-money laundering (AML) enforcement approach in recent months, both issuing larger fines and looking to expand the scope of activities it regulates. Historically, the UK has consistently taken a...more