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Anti-Money Laundering Customer Due Diligence (CDD) New Regulations

A&O Shearman

HMT consultation response on improving the effectiveness of the money laundering regulations

A&O Shearman on

HM Treasury (HMT) has published its consultation response in relation to its 2024 consultation on proposals to improve the effectiveness of the UK Money Laundering Regulations (MLRs). The consultation concentrated on four...more

Bilzin Sumberg

The Corporate Transparency Act: Ready, Set, Go!

Bilzin Sumberg on

It’s official: the Corporate Transparency Act (the “Act”) has gone into effect January 1, 2024. On December 21, 2023, the Financial Crimes Enforcement Network (“FinCEN”) issued its second final rule establishing the framework...more

Hogan Lovells

Italy: IVASS issues further secondary rules on AML

Hogan Lovells on

On 14 July 2021, IVASS published a new Regulation setting out rules on money laundering risk mitigation procedures and providing for amendments to IVASS Regulation No. 44/2019 regarding rules on internal organization,...more

WilmerHale

Avoid Shades of Grey: Anti-Money Laundering Regulation Comes to the Art Market

WilmerHale on

A new law, which came into force on 10 January, has ushered in material changes to the regulation of the art market, extending the application of the UK’s anti-money laundering legislation to the sector. The new law,...more

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