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Hogan Lovells

The Financial Gatekeepers: The new role of financial institutions in upholding financial sanctions

Hogan Lovells on

The long-awaited EU anti-money laundering ("AML") Package came into force in July 2024 and will begin to apply directly to firms in scope ("obliged entities") from 10 July 2027. Regulation (EU) 2024/1624 (the “AML...more

Orrick, Herrington & Sutcliffe LLP

Russia Significantly Increases Fines for Violations of Data Localization Requirement

Under Russian Data Protection Law, when collecting personal data, data operators (controllers) must ensure that recording, systematization, accumulation, storage, updating and extraction of personal data relating to Russian...more

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