News & Analysis as of

Financial Crimes HMRC

Mayer Brown

UK Weekly Sanctions Update - Week of July 7, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world....more

Mayer Brown

Eye on Economic Crime: Transformation of the UK Fraud Prevention Landscape

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We detail below some recent developments which track the transformation of the UK's fraud prevention landscape and what this means for companies. WHISTLEBLOWER INCENTIVISATION: A TRANSFORMATIVE TOOL...more

Ropes & Gray LLP

The FCA's 2024/2025 Annual Report on whistleblowing is out - here's what you need to know

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On Tuesday (24 June 2025) the FCA published its Prescribed Person’s Annual Report on whistleblowing (“24/25 Report”), which covers reports received and acted on with during the period 1 April 2024 – 31 March 2025 (the “24/25...more

Cooley LLP

HMRC Set to Launch US-Style ‘Reward Scheme’ for Whistleblowers

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The United Kingdom is set for a step change in the way in which it combats tax evasion. His Majesty’s Revenue & Customs (HMRC) – the UK’s tax, payments and customs authority – has announced plans to adopt a US-style approach...more

NAVEX

The UK’s New Whistleblower Reward Scheme: A Turning Point for Tax Accountability

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In a landmark move, HM Revenue & Customs (HMRC) has announced plans to launch a formal whistleblower award program modelled on the highly successful U.S. Internal Revenue Service (IRS) Whistleblower Program. This initiative...more

Sullivan & Worcester

Compliance Alert! Regulated Entities Gear Up for the UK's Economic Crime Levy

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If your organisation is both supervised under the UK Money Laundering Regulations (“MLR”) and your UK Revenue exceeds £10.2 million per year, if you are not already, you will need to prepare for the forthcoming Economic Crime...more

Hogan Lovells

Financial institutions general regulatory news, September 2020 # 3

Hogan Lovells on

The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 - The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 (SI 2020/991) have been published, together with an...more

Cohen & Gresser LLP

The New UK Anti-Money Laundering Regulations: How Will The Art World Be Impacted?

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On 10 January 2020 the Money Laundering and Terrorist Financing (Amendment) Regulations 2019 (the “2019 Regulations”) came into force in the UK, implementing the EU’s fifth Money Laundering Directive (“MLD5”) and amending the...more

A&O Shearman

Key Regulatory Topics: Weekly Update - 22 December 2017 – 4 January 2018

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BREXIT - FMLC paper on Brexit and impact of WTO rules on financial services - On 22 December 2017, the FMLC published a paper on the potential impact of Brexit and WTO rules on financial services. The paper focuses on...more

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