In this issue, we provide updates on anti-money laundering and counter-terrorist financing news, both in the UK and internationally.

Highlights from this month’s issue include:

– HM TREASURY PUBLISHES ADVISORY NOTE ON MONEY LAUNDERING AND TERRORIST FINANCING CONTROLS IN OVERSEAS JURISDICTIONS

HM Treasury has published an advisory note on money laundering and terrorist financing controls in overseas jurisdictions, identifying those jurisdictions that have strategic deficiencies in terms their anti-money laundering and counter terrorist financing regimes

– FCA PUBLISHES ITS ANNUAL ANTI-MONEY LAUNDERING REPORT FOR 2015/16

We look at the FCA’s recently published annual anti-money laundering report for 2015/16, which sets out its key role in ensuring that firms have measures in place to prevent financial crime, as well as reports on AML work carried out by the FCA in the last year

– SOLICITORS REGULATION AUTHORITY PUBLISHES RISK OUTLOOK FOR 2016/17

The SRA has published its Risk Outlook for 2016/17, providing the legal services sector with an indication of the areas on which the SRA is focusing its attention, and why

– NEW PRESIDENT OF THE FINANCIAL ACTION TASK FORCE OUTLINES OBJECTIVES FOR 2016-17

Juan Manuel Vega-Serrano, President of the FATF, has published a paper on behalf of the organisation which outlines its objectives and the priorities of the Spanish Presidency during 2016/17

– EU DELEGATED REGULATION IDENTIFYING HIGH-RISK THIRD COUNTRIES UNDER FOURTH MONEY LAUNDERING DIRECTIVE

We review the European Commission Delegated Regulation (EU) 2016/1675, which supplements the Fourth Money Laundering Directive ((EU) 2015/849) and identifies high-risk third countries with strategic anti-money laundering and counterterrorist financing deficiencies

Access the magazine here  http://bit.ly/2g0fCn9