Canada legalised recreational cannabis in October 2018 and it may be that other countries follow suit. UK and US investors, and those who facilitate investments in legal recreational cannabis businesses overseas, need to be...more
3/25/2019
/ Anti-Money Laundering ,
Canada ,
Criminal Liability ,
Criminal Proceeds ,
Cross-Border Transactions ,
Decriminalization of Marijuana ,
Financial Institutions ,
Foreign Investment ,
Investor Protection ,
Marijuana Related Businesses ,
National Crime Agency (NCA) ,
Proceeds of Crime Act 2002 (POCA) ,
Suspicious Activity Reports (SARs) ,
UK
NPLs are a hot topic, high on the European supervisory authorities' agenda. Legislative and prudential requirements to reduce NPLs are rapidly evolving. In March of 2018, the EC published a package of reforms aimed at...more
3/16/2019
/ Amended Regulation ,
Banking Sector ,
Capital Requirements Regulation (CRR) ,
Credit ,
Distressed Debt ,
EU ,
European Banking Authority (EBA) ,
European Council ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Greece ,
IFRS ,
Member State ,
Non-Performing Loans (NPL) ,
Proposed Amendments