FCA fines Starling Bank £29m for failings in their financial crime systems and controls
The FCA has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening. It...
Discuss fraud detection techniques, anti-money laundering efforts, and cybersecurity measures to protect against financial crimes.
Lessons for crypto exchanges from the first full crypto fraud trial
Macfarlanes LLP | Nikolas Ireland | Luke Chinniah | Chris Akka | Madeleine Brown Fabrizio D’Aloia’s case against “persons unknown” has been...
AMLA and International Cooperation
Money laundering and terrorist financing are global issues that threaten financial stability and security, enabling organised crime and terrorism....
AML Regulation 2024/1624: Harmonizing Compliance Standards across the EU
Rokas | Alexandros Chatziiakovou | Sofia Getimi Introduction As illicit money flows can prove particularly damaging to the integrity, stability...
What is the Anti-Money Laundering Authority (AMLA)
Introduction In both the European Union (EU) and the United Kingdom (UK), financial integrity remains a cornerstone of economic...
Fraud, Corruption and Illegal Investments
Global, OECD | Tim McKenzie | Aloysius (Louie) Llamzon | Tom Sprange KC This article is an extract from Lexology In-Depth: Investment Treaty...
Understanding the EU’s AML Framework Impact on Beneficial Ownership Registers
Elias Neocleous & Co LLC | Dorina Mastora | Kyriaki Stinga In a recent article, we explored the European Union’s extensive...
Valuing Cryptoassets
Rahman Ravelli | Syedur Rahman Syed Rahman outlines the concerns voiced about the difficulty of putting a value on...
The Impact of Artificial Intelligence in Anti-Money Laundering
The Effects of Money Laundering Money laundering remains a pervasive and insidious global problem, posing significant threats to economic...
The Super MLCO/MLRO
Why Do We Need These Roles? Money laundering, the process of concealing illicit funds to make them appear legitimate,...