News & Analysis as of

AML/CFT Sanctions Insider Trading

A&O Shearman

EU Final Guidance on Implementation of EU And National Sanctions

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The European Banking Authority has finalized two sets of guidelines setting common standards on the governance arrangements and the policies, procedures, and controls that financial institutions should have in place to be...more

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Court of Justice of the European Union Annuls Sanctions Measures

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The Court of Justice of the European Union has decided that the reasons for the EU sanctions measures designating Mr Fridman and Mr Aven (two of the shareholders of LetterOne) were not sufficiently substantiated and their...more

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UK Criminal Insider Dealing Offence Legislation to be Updated

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On April 20, 2023, the draft Insider Dealing (Securities and Regulated Markets) Order 2023 was published (the draft Order). The draft Order will generally align the scope of the U.K.'s criminal insider dealing regime under...more

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Financial Action Task Force Publishes Report on Effectiveness of FATF Standards

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The Financial Action Task Force has published a report on the effectiveness of FATF member states' efforts to tackle money laundering and counter terrorism financing. The report is part of the FATF's 2019 Strategic Review...more

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Financial Action Task Force Publishes 12-Month Review on Revised FATF Standards for Virtual Assets

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The FATF has published the results of its 12-month review into the revised FATF standards published in June 2019, designed to help tackle money laundering and terrorist financing risks connected with virtual assets and...more

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Financial Action Task Force Report on Stablecoins

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The Financial Action Taskforce has published a report on issues of anti-money laundering and counter-terrorism financing in relation to global stablecoins and stablecoins. The report was mandated by the G20 in October 2019,...more

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Financial Action Task Force Consults on Updating Guidance for Proliferation Financing Risks

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The Financial Action Task Force has opened a consultation on amendments to Recommendation 1 and its Interpretive Note. Recommendation 1 provides guidance on assessing risks and applying a risk-based approach to money...more

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Council of the European Union Issues Note on Strategic Priorities for AML and CTF

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The Presidency of the Council of the European Union has issued a note inviting Ministers of the Permanent Representatives Committee to consider certain issues regarding the EU anti-money laundering and counter-terrorism...more

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