Overview

The past six months have seen considerable regulatory activity on money laundering prevention. From supplements from the Wolfsberg group through reports from the European Commission to domestic activity, there has been a lot to keep on top of.

This briefing by Denton Wilde Sapte offers an in-depth look at recent assessments, recommendations and Treasury’s review of the Money Laundering Regulations 2007 (MLR) and highlights the bewildering arrangement of similar, yet separate, requirements on financial institutions.

It also features a Treasury update on a range of overseas jurisdictions, including Pakistan, Ecuador and Angola.

Click to read further.