On September 25, the Joint Money Laundering Steering Group (JMLSG) announced on its website that HM Treasury has approved revisions to three chapters in Part II of the JMLSG’s anti-money laundering and counter-terrorist financing sectoral guidance. The amended guidance relates to credit unions (section 4), asset finance (section 12) and brokerage services to funds (sector […]

The government of Canada has updated its Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) rules, CoinDesk reported. The amendments, which were finalized last month, target cryptocurrency exchanges operating in the country, among other things. The objective of these amendments is to address and close the gaps that exist in Canada’s AML/ATF Regime. According […]

The following provides updates on anti-money laundering and counter-terrorist financing developments, both in the UK and internationally, that Comsure has included in its training for the period from May 2017 to October 2017 The Highlights include: 1. PUBLICATION OF MONEY LAUNDERING REGULATIONS 2017 a. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on […]