United KingdomHM Treasury’s Office of Financial Sanctions Implementation published a notice concerning amendments made to the identifying information of one individual designated pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019.
The governments of the United States, Canada, the United Kingdom and the European External Action Service announced coordinated sanctions in response to the May 23, 2021 forced landing of a commercial Ryanair flight by Belarus.
Weekly Roundup: Latvia Assesses Record AML Fine, Germany Failed to Probe Wirecard SAR, and More
U.K. lawmakers propose AML carveout for certain fintechs, U.S. banks reminded to vet cryptocurrency companies, and more, in the weekly roundup.
US officials support adding Malta to global gray list, U.S. investigators track suspicious cryptocurrency payments, and more, in the midweek roundup.
UK Payments Group Chief Denies Laundering Fraud Proceeds
UK Prosecutors Set Sights on AML Reporting Failures
The United Kingdom’s Financial Conduct Authority issued a fine against the London, England-based company for deficiencies leading to the risk of facilitating fraudulent trading and money laundering.
The United Kingdom’s Serious Fraud Office announced that the London, U.K.-based company pleaded guilty to one count of corruption in connection to contracts won to carry out work for the Saudi Arabian National Guard.
| 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 |