HM Treasury (HMT) has published a consultation on proposals to reform the UK's anti-money laundering and counter-terrorist financing (AML/CTF) supervisory regime for professional services firms. This ...

For years, financial institutions have been using automated monitoring procedures to make their processes for detecting money laundering and terrorist financing as effective and efficient as possible.

Where cryptoasset firms intend to carry out cryptoasset activity in the United Kingdom (UK), and that activity falls within scope of the MLRs, such firms must register with the FCA before carrying out ...