MAS Promotes Technology for Compliance Effectiveness

A senior official at the Monetary Authority of Singapore (MAS) has recently spoken about the value being gained by businesses deploying new technologies to meet their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) obligations. 

Read more

EU Regulator Consults on AML/CFT Database

On May 6, the European Banking Authority (EBA) started a public consultation on draft Regulatory Technical Standards (RTS) for a central database on the AML/CFT frameworks of financial institutions in the EU.

Read more

6AMLD: Risks and Liabilities

This article looks at the changes introduced by 6AMLD, including a high-level overview of the 6AMLD, details of the predicate offenses and how firms and individuals could be penalized for AML/CFT failings, and what this means for firms.

Read more

How Businesses Can “Get Ready” for 6AMLD

Member states are obliged to have transposed the directive into their national laws by December 3rd 2020, while the implementation deadline for obligated businesses and other organisations will follow six months later on June 3rd 2021.

Read more
Load more