The Institute Digest 27/7/22

Posted on July 27, 2022
Archive : July 2022
Category : News
The Institute AML and Financial Crime Digest #75 - 27/7/22

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Staff cuts in crime agencies would ‘completely undermine’ the UK’s fight against economic crime

The UK money laundering landscape needs less talk and more action

Anti-Corruption & Bribery - A Comparative Guide - Alex Swan

UK banks urge Big Tech and telecom firms to take responsibility for their contribution to the rise of online #fraud and voluntarily reimburse victims.

The impending launch of the Register of Overseas Entities (ROE) will introduce new responsibilities and risks into some property transactions

A trio of estate agencies have invested in #AML platform Thirdfort: Knight Frank, Savills & Chestertons

Revolut’s UK #risk and #compliance chiefs quit in slew of senior resignations

The Financial Action Task Force (FATF) updates its guidance for a risk-based approach for the property sector

RUSI : The Future of Financial Intelligence Sharing (FFIS) - A Survey and Policy Discussion Paper (PDF)

Jenny Stainsby, Lisa Fried & Marc Gottridge on the key regulatory solutions jurisdictions have adopted to mitigate the risks of so-called “tough legacy” contracts following the discontinuation of the #LIBOR

#ESG reporting best practices

The National Crime Agency (NCA) has revealed that between April '21 and March '22, it confiscated approx £22.34mn in #cryptocurrency assets

Mikołaj Barczentewicz argues that the EU has rushed the ‘Travel Rule’ for #Crypto

Podcast: Andrii Borovyk, ED of Transparency International’s Ukraine chapter & Gretta Fenner, MD of the Basel Institute on Governance, discuss corruption risks inherent in emergency aid to Ukraine

Logan Seymore : Do large flows of remittances have any meaningful impact on corruption within the recipient country?

Researchers have unpacked a major #cybersecurity find - and it 'aint pretty

#Phishing Attacks Skyrocket

1/3 of parents fear their kids will be 'gamer fraud' victims

Friendly Fire: Chargeback #Fraud Has Become a Consumer Weapon

With #Ransomeware attacks on the rise, Europol's No More Ransom initiative offers over 100 free decryption tools to rescue hostage files

#antimoneylaundering #financialcrime #cybercrime #lawenforcement #policing #gamerfraud #digitalassets #cryptoregulation #propertysector #corruption #anticorruption #bribery #moneylaundering