In this issue, we provide updates on anti-money laundering news and enforcement action, both in the UK and internationally, including:
- a fine of £72 million imposed on Barclays Bank for AML breaches
- a report conducted by Transparency International which claims to identify weaknesses in the UK AML regime
- an Action Plan presented by the European Commission in order to strengthen the fight against terrorist financing and a fine of US$258 million imposed on Deutsche Bank to settle a US sanctions case.
We also consider FATF’s efforts to enhance counter-terrorist financing measures.
Read the full AML Bulletin in an e-mag format
Download the PDF version