At the end of March 2023, the MEPs from the Economic and Monetary Affairs Committees have adopted their position on three pieces of draft legislation on the financing provisions of EU Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) policy.
In a breakthrough ruling unveiled on November 22nd 2022, the European Court of Justice gave conclusions on the case 2022-912 between Luxembourg Business Register and Sogedim, in what will surely resonate as a landmark decision in terms of access to ultimate beneficial ownership information and business registers access more largely.
Fynhaus, an advanced compliance and payment messaging solution provider, has entered into a partnership agreement with Diligencia, a leading provider of corporate intelligence and due diligence solutions in the Middle East and Africa (MEA).
Iberinform, in partnership with PEPData, launches an online Whistleblower Channel that allows
companies and other obligated organizations to comply with anti-corruption legislation and protection
against money laundering and terrorist financing, in an anonymously and securely way.
In the first half of 2021, the Federal Service for Financial Monitoring of the Russian Federation (Rosfinmonitoring) conducted 145 inspections of legal entities and individual entrepreneurs, and violations were recorded for all inspected subjects; the administrative cases were opened in relation to 95% of violations.
Less than two weeks remain (at the time of writing) until the 3 June deadline for implementation of the EU’s most recent piece of AML legislation – its sixth directive since the bloc was formed in the early 1990s.
Experian and identity verification provider Global Data Consortium (GDC) have today announced a new
partnership which will transform customer onboarding journeys for both international and new-to-country customers.
The agreement enables Experian clients to onboard customers rapidly, as well as strengthening anti-fraud measures and meeting
Know Your Customer (KYC) and Anti Money Laundering (AML) compliance requirements.