FINTRAIL is producing a monthly regulatory summary of any FinCrime changes that may be occurring in Europe and beyond.
This one pager will cover:
Key updates from global and local regulators
Key updates from industry guidelines
Additional insights identified from financial intelligence units
October 2021
This months highlights include the Financial Action Task Force (FATF) released its updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers.
The Office of Financial Sanctions Implementation (OFSI) updated its Charity Sector Guidance, following Afghanistan's Taliban takeover.
The FATF published a joint report with the Egmont Group focussing on how financial intelligence units can leverage technology to strengthen their operations.
What other regulations changes caught your eye in October?
If you are interested in speaking to the FINTRAIL team about any of the items in the REG-CAP, have any ideas for inclusion or want to discuss any other financial crime topic please get in touch at: contact@fintrail.com