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
July 2021
This months highlights include:
HM Treasury has launched a consultation on amendments to the Money Laundering, Terrorist Financing and Transfer of Funds Regulations.
The EBA and ESMA published final guidance on the assessment of the suitability of members of the management body, particularly with regard to money laundering and financing terrorism risks, and gender diversity.
The European Commission published a package of legislative proposals to strengthen their fight against money laundering and terrorist financing..
The FATF released three new documents this month focussed on technology solutions.
What other regulations changes caught your eye in July?
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