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AML / KYC
UK Companies House Probes Erroneous Filings in Corporate Register
By Editors | 08/03/2024
Companies House this week gained new powers that allow it greater powers to query information and request supporting evidence.

Sanctions
EU to Sanction 35 Individuals Over Death of Alexei Navalny
By Editors | 07/03/2024
The EU’s sanctions will target the most number of individuals over Navalny’s death compared to those of its allies Australia, Canada, the UK and US.

AML / KYC
FCA Gives Firms 6 Months to Address Financial Crime Concerns
By Editors | 07/03/2024
The regulator found controls that haven’t kept pace with business growth, firms that aren’t properly resourced, and failures to properly assess risks.

Crypto / Digital Assets
Deutsche Börse Launches Institutional Crypto Trading Platform
By Editors | 05/03/2024
Trading on the Deutsche Börse Digital Exchange will initially take place on an RfQ basis, followed by multilateral trading.

Sanctions
UK Launches Inquiry to Assess Russia Sanctions Programme
By Editors | 05/03/2024
The inquiry will also explore the confiscation of frozen Russian assets and whether sanctions should cover buyers of Russian oil and gas.

AML / KYC
EU Parliament Adopts Framework for Digital Identity Wallet
By Editors | 05/03/2024
The EU wallet will be used on a voluntary basis, allowing EU citizens to identify and authenticate themselves online without using commercial providers.

Sanctions
EU Commission Launches New Sanctions Tracking Tool
By Editors | 04/03/2024
The tracker shows that a total of 3,677 individuals and 1,018 entities are currently listed across the EU’s 35 sanctions regimes.

Sanctions
G7 Ban on Indirect Imports of Russian Diamonds Takes Effect
By Editors | 03/03/2024
The World Federation of Diamond Bourses says the ban on Russia-produced diamonds will also harm non-Russian manufacturers and traders.

Sanctions
Switzerland Adopts EU’s 13th Russia Sanctions Package
By Editors | 01/03/2024
The package adds a further 106 individuals and 88 entities and organisations to Switzerland’s sanctions list.

Sanctions
UK Issues Updated Sanctions Guidance for Maritime Sector
By Editors | 29/02/2024
The guidance is intended for firms operating within UK territories or dealing with UK-affiliated entities.
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