The Home office has published a circular: Money laundering: the confidentiality and sensitivity of suspicious activity reports (SARs) in the context of disclosure in private civil litigation. This also addresses data subject access requests under UK GDPR.
HM Government has launched a consultation on Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 Statutory Instrument 2022 which closes on 14 October 2021.
Global Financial Integrity has published a report, Acres of Money Laundering: Why U.S. Real Estate is a Kleptocrat’s Dream. Although primarily focused on the USA, this report is a comparative analysis of real estate money laundering regulation in the G7.
The Financial Action Task Force (FATF) has published a report: Money Laundering from Environmental Crime.
On 20 July 2021, the European Commission published its AML legislative package with proposals to establish an AML Authority from 2024 employing approximately 350 people, and create a single European Union rulebook for anti-money laundering across the Europe-an Union, including rules on customer due diligence, beneficial ownership and the powers and task of supervisors and Financial Intelligence Units.‹ Back to Publications