AML
Jersey pushes back over proceeds of crime
Proposals will limit EU-backed anti-money laundering recommendations
Cyprus clamps down on shell companies
Tax residence benefits are only for businesses that have real substance, says central bank
How to spot a dodgy life insurance contract
Small advice firms could face tougher anti-money laundering (AML) safeguards under a regime drafted by the Financial Action Task Force (FATF), which has published a series of red flags for suspicious insurance contracts.
Best Practice | 26 Jul 18
‘Onerous compliance’ behind UK money laundering failings
UK anti money laundering efforts are struggling because heavy handed reporting rules are creating a glut in poor quality reports – a reform body has said.
Tax & Technical | 18 Jul 18
20 EU states dragging their feet on beneficial owner lists
One year after the deadline, most European Union member states have failed to implement Brussel’s 4th Anti-Money Laundering directive.