Fireside Chat with Chair of the Law Society’s Money Laundering Task Force

Chair of the Law Society’s money laundering task force, Amy Bell, joins AML expert, Katarina Pranjic, to discuss the FCC regulatory storm in 2022 and what obligated entities need to focus on right now, as well as considering:  Subscribe today to …

The crackdowns begin: governments and regulators wage war on dirty money and crypto abuse

Newly-elected FATF president T. Raja Kumar spoke in the summer about the need for G20 countries to step up implementation of regulation in the crypto-asset sector or ‘allow criminals to profit from these gaps, at the expense of governments and …

Gaps in customer due diligence procedures for South Africa’s financial institutions
How Can Firms in South Africa Protect Themselves From Financial Crime?

There are worrying gaps in the customer due diligence procedures in many of South Africa’s financial institutions according to the Financial Action Task Force (FATF). This blog explores the steps firms need to take to protect themselves from money laundering …

What does the NCA’s Red Alert notice on sanctions evasion tactics mean?

The National Crime Agency (NCA) recently took the unusual step of issuing a Red ALERT notice covering its concerns in detail around financial sanctions evasion tactics being employed by ‘Russian Elites and Enablers’. It’s a stark warning to all firms …

Inadequacies in South Africa’s regulatory framework
Answering South Africa’s Growing Sanctions Challenge

South Africa’s implementation of the Financial Action Task Force’s Recommendations relating to targeted financial sanctions is being condemned for moving too slow. Larger institutions are taking sanctions compliance into their own hands, but smaller firms remain vulnerable to financial crime …