Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the “Regulations”), the UK’s AML/CTF regime currently consists of three statutory ...

Where cryptoasset firms intend to carry out cryptoasset activity in the United Kingdom (UK), and that activity falls within scope of the MLRs, such firms must register with the FCA before carrying out ...

Make sure that your policies and procedures are up-to-date. A series of amendments were introduced into the amended act of 12 November 2004 on the fight against money laundering and terrorist ...

HM Treasury had introduced a consultation in July of last year, entitled “Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The implication seems to be that these are the minimum details required (i.e., this list is not exhaustive). The BP is somewhat tricky. This is because BPs are normally prepared for a broad range of ...