The European Commission (EC) has adopted a Delegated Regulation amending a Delegated Regulation it adopted on 10 June, to introduce a review clause requiring the EC to independently assess countries that may pose a threat to...more
Following the conclusion of the most recent plenary of the Financial Action Task Force ("FATF") on 23 June 2023, the FATF has announced that it has made the initial determination that the Cayman Islands has substantively...more
The European Commission, on July 20, 2021, unveiled a landmark legislative proposal that would overhaul the European Union’s approach to anti-money laundering and combatting the financing of terrorism (“AML/CFT”), creating a...more