Money Laundering Bulletin

The US has reimposed tough economic sanctions on Iran, effective 7 August [2018], in line with President Donald Trump’s decision to withdraw from the Joint Comprehensive Plan of Action, signed July 2015 and designed to halt the Iranian nuclear..

Zia Ullah (+44 161 831 8454, ziaullah@eversheds-sutherland.com), James Lindop (+44 207 919 4718, jameslindop@eversheds-sutherland.com) and Mark D. Herlach (+1 202 383 0172, markherlach@eversheds-sutherland.com) are partners and Victoria Turner (+44 161 831 8718, victoriaturner@eversheds-sutherland.com) a senior associate at Eversheds Sutheland.

By Liz Newmark, in Brussels

Richard Malish is General Counsel at NICE Actimize where he counsels on global anti-money laundering, fraud, trading compliance and banking regulatory matters.

Canada is the first major jurisdiction to legalise recreational use of cannabis nationwide – from 17 October 2018. Keith Nuthall spoke to Jordan Sinclair of Canopy Growth Corporation, a leading local producer, at their headquarters and factory..

Hong Kong’s AML regulator has fined Shanghai Commercial Bank Ltd (SCOM) HK$5m (approximately US$670,000) for not adequately monitoring business relationships. [1]Between July 2014 and June 2016, SCOM’s compliance department identified..

Latvia needs to work on many fronts to strengthen its anti-money laundering and counter terrorist financing regime, MONEYVAL reports following a fifth round mutual evaluation of the country. [1]As a regional financial hub, the major fund flows..

Small Swiss FinTech firms will be subject to less onerous anti-money laundering regulation than established financial institutions if proposals by FINMA, the local financial services regulator, are approved.On 28 August, FINMA launched a..