Legal professionals operate within a broad spectrum of business structures that vary from country to country and even within a country. Ranging from sole practitioners to multi-national firms, they provide a vast range of services. Given the diversity in scale and activities, some legal professions may be more vulnerable to being exploited for...
The Financial Action Task Force (FATF) today adopted and issued an Interpretive Note to Recommendation 15 on New Technologies (INR. 15) that further clarifies the FATF's previous amendments to the international Standards relating to virtual assets and describes how countries and obliged entities must comply with the relevant FATF Recommendations to...
Reaching the Unreachable: Attacking the Assets of Serious and Organised Criminality in the UK in the Absence of a Conviction
This Occasional Paper looks at the origins of the UK's non-conviction-based confiscation regime, including the Unexplained Wealth Order, and evaluates the experience of other jurisdictions to consider whether the UK can learn lessons from their deployment of the powers
Legal context and implications for financial crime, money laundering and tax evasion
Paris, 17 April 2019- The FATF today published a report on the anti-money laundering and counter-terrorist financing (AML/CFT) system of the People's Republic of China (China).
The Global Risks Report 2019 is published against a backdrop of worrying geopolitical and geo-economic tensions. If unresolved, these tensions will hinder the world's ability to deal with a growing range of collective challenges, from the mounting evidence of environmental degradation to the increasing disruptions of the Fourth Industrial...
Paris, 16 April 2019 - Finland's measures to combat money laundering and terrorist financing are delivering good results, but the country needs to improve supervision.
Paris, 8 April 2019 - The FATF published its report to the April 2019 G20 Finance Ministers and Central Bank Governors' meeting.
European Journal of International Law, Volume 29, Issue 4, November 2018, Pages 1251-1287,
27 March 2019 - This report analyses the actions that Italy has taken to strengthen its legal, regulatory and operational framework to combat money laundering and the financing of terrorism and proliferation, since the assessment of the country's framework in 2015.