Regulated financial institutions around the world follow a similar process when it comes to reporting suspicions of money laundering via Suspicious Activity Report (SAR) disclosures to their regulator or law enforcement. However, there may be some deviation in how the…
4 minute read
Since Russia’s invasion of Ukraine in February 2022, the European Union (EU) has been focused on creating strong sanctions against the Putin regime. While the attention has been on punishing Russia and creating incentives for them to stop, there has…
8 minute read
The European Union’s 6th Anti-Money Laundering Directive (6AMLD) brought about four key changes that member states had to introduce into local legislation by June 3rd 2021. Broadly categorized under the themes of liability, punishment, cooperation and jurisdiction, these changes have implications for…
5 minute read
