This notice draws your attention to an Advisory Notice recently issued by HM Treasury regarding the risks posed by unsatisfactory money laundering and terrorist financing controls in a number of jurisdictions. The Advisory Notice can be found at the following URL address: http://bit.ly/1uAOdqK http://bit.ly/1jjHFKW This advice supersedes previous advice issued by HM Treasury in connection […]

Following the publication by the Financial Action Task Force of two statements identifying jurisdictions with strategic deficiencies in their anti-money laundering and counter-terrorist financing (AML/CTF) regimes HM Treasury has published an advisory notice advising firms to: consider certain specified jurisdictions as high risk for the purposes of the Money Laundering Regulations 2007; and take appropriate […]