UK tightens measures against Russia with new regulations

On 31 July 2024, the UK government published the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2024, under the Sanctions and Anti-Money Laundering Act 2018. Laid before Parliament on 30 July 2024 and effective from 31 July 2024, these regulations amend the Russia (Sanctions) (EU Exit) Regulations 2019.

Guidance on the new Cayman Islands Beneficial Ownership Regime

harneys.com - 31/Oct 10:15

The Cayman Islands’ Beneficial Ownership Transparency Act, 2023 (BOTA) came into effect on 31 July 2024. The Act aims to align the Cayman Islands'...

Georgia Pivoting Toward Russia? Difficult Days Ahead – Analysis

eurasiareview.com - 26/Oct 23:01

This Saturday, October 26, citizens of the Republic of Georgia in the South Caucasus began voting in parliamentary elections that will determine the...

Senegal has been Removed from the Global “Dirty Money” Grey List

africa.com - 26/Oct 07:47

The Financial Action Task Force (FATF) took Senegal off the list after the country strengthened its measures to combat money laundering and terrorism...

Staying ahead of evolving regulations and securing a strong future

economist.com.na - 31/Oct 10:00

By Melanie Meiring Certified Fraud Examiner. Namibia has recently been under increased scrutiny from the global community, with the Financial Action...

Compliance in Namibia: Staying Ahead of Evolving Regulations

namibian.com.na - 05/Nov 11:19

Namibia has recently been under increased scrutiny from the global community, with the Financial Action Task Force (FATF) grey-listing it. There are...

AI could save $3trn flowing into the shadow economy

it-online.co.za - 30/Oct 09:17

Global economies can save $3,13-trillion by using AI to detect and prevent money laundering and terrorist financing, according to the inaugural Napier...