Regulation Knowledge & training What is MiFID - The Markets In Financial Instruments Directive? The Markets in Financial Instruments Directive (MiFID) was created in 2004 to replace the Investment Services Directive, and it was implemented in 2007. A new law, known as MiFID II, has since replaced MiFID. The EU hoped that the directive… 3 minute read
Regulation Knowledge & training What is FATCA compliance? The effects of the Foreign Account Tax Compliance Act on foreign acounts The Foreign Account Tax Compliance Act (FATCA) is a federal law designed to counter tax evasion in the United States. Introduced in 2010, FATCA imposes a range of… 3 minute read
AML compliance Knowledge & training Anti-money laundering guidance Anti-money laundering guidance Various government agencies and interest groups publish information regarding anti-money laundering. Australia: Australian Government – Trade-based money laundering: Risks and regulatory responses UK: HMRC Guidance for Money Service Businesses US Treasury: Office of Foreign Assets Control (OFAC)… 1 minute read
