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5MLD -  What are the key changes in the The Fifth Money Laundering Directive?

[fa icon='calendar'] 24-Sep-2019 14:30:00 / by Philip Creed posted in AML Audit, 5MLD, cryptocurrency, fincrime

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Her Majesty’s Treasury published a consultation paper on the UK’s transposition efforts relating to the EU’s 5th Money Laundering Directive (5MLD) earlier this year. The Directive will come into force on 10th January 2020 and contains enhancements to the existing provisions as mandated by the EU’s 4th Money Laundering Directive (4MLD) which was implemented in the UK through the Money Laundering Regulations 2017.

With less than 4 months to go, you should be considering how the proposed changes will impact your business and whether your current approach to financial crime risk management is adequate.

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Cryptoassets and FinCrime: Building for the Future

[fa icon='calendar'] 22-Jan-2019 07:45:00 / by Stephen Stewart posted in cryptocurrency, fincrime

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Whether you call them cryptocurrencies, cryptoassets or virtual assets, these tokens and their underlying technology, Distributed Ledger Technology (DLT), remain at the forefront of regulators thoughts, often operating in an unregulated or semi-regulated world which sits somewhere between a land of opportunity and the wild wild west.

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Why financial services regulation is crucial to fintech

[fa icon='calendar'] 30-Jun-2017 11:02:31 / by Philip Creed posted in cryptocurrency, fincrime, challengerbanks, In the Media, Regulatory compliance

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