United KingdomHM Treasury’s Office of Financial Sanctions Implementation issued a notice concerning additions made to the consolidated list pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019.
The U.K. Foreign, Commonwealth and Development Office announced new sanctions targeting 22 Russian officials for promoting conscription, enforce mobilization, and the use of criminal mercenaries in the invasion of Ukraine.
Mexico authorizes U.S. seizure of drug kingpin’s assets, German FIU faces new STR backlog, and more, in the weekly roundup.
Midweek Roundup: FTX Investigations Commence, OFAC Targets Russia’s Western Enablers, and More
U.S. banking automation exposes elderly to fraud, Supreme Court considers constitutional challenge against federal regulation, and more, in the midweek roundup.
Weekly Roundup: FTX Goes Bankrupt, IRS Investigates Cryptocurrency’s Role in Tax Evasion, and More
UK Lawmakers Eye Massive Budget Boost for Financial Crime Investigators
Suspected UK Sanctions Breaches Spike Amid Ukraine War
The Financial Conduct Authority imposed a £18,022,500 financial penalty on the London-based firm for activities that demonstrated a lack of integrity, including failing to take reasonable care to organize and control its affairs with respect to potential acts of bribery and corruption.
The U.K. Gambling Commission ordered the Malta-based gaming operator to pay a £237,600 penalty for anti-money laundering breaches related to inadequate due diligence checks concerning third party business relationships.
| Technical | Effectiveness |
|---|---|
| Compliant : 23 | High : 4 |
| Largely Compliant : 15 | Substantial : 4 |
| Partially Compliant : 2 | Moderate : 3 |
| Non-Compliant : 0 | Low : 0 |
| Rank : 116/141 |
| Score : 4.02/10 |
| Rank : 12/180 |
| Score : 77/100 |
| Rank : 12/133 |
| Score : 46/100 |