Prior Obligations General Licence Posted by: OFSI, Posted on: 24 May 2023 – Categories: Compliance, Enforcement, Financial Sanctions, Financial sanctions regime, Russia OFSI has received unprecedented numbers of licence applications to permit prohibited transactions or activities owing to more sweeping and far-reaching sanctions imposed relating to Russia and Belarus. Many of these applications involve UK persons who are owed money […]
Recording Available: Remote training session – “AML Supervisory Examinations: What to Expect” Further to the latest update in relation to the remote training session titled “AML Supervisory Examinations: What to Expect”, made via our newsletter and posted on the FIAU’s website on 5th May 2023, we would like to inform […]
Training Session on Transaction Monitoring (Targeted at Credit and Financial Institutions) *Registration will open tomorrow, Wednesday 24th May 2023, at 10:00am.* The Financial Intelligence Analysis Unit (FIAU), in collaboration with the Malta Financial Services Authority (MFSA), is organising a full day, in-person training session on transaction monitoring. This event is of particular […]
FINTRAC’s video series on methods to verify the identity of a client FINTRAC publishes the fourth of a series of videos on prescribed methods that can be used to verify the identity of a person or an entity. The fourth video explains how to use the affiliate or member method. […]
Defence Export Controls, the Australian Sanctions Office and the Australian Border Force would like to invite you to attend our outreach event in Brisbane, Queensland on Thursday 25th May 2023 (Industry) and Friday 26th April 2023 (Universities/Academia). This outreach event is primarily aimed at industry, universities and research institutions involved in the export, supply, publication or other […]
New Legal Services General Licence Posted by: OFSI, Posted on: 2 May 2023 – Categories: Compliance, Financial Sanctions, Licensing, Russia The Legal Services General Licence (INT/2022/2252300) expired on 28 April 2023 and is no longer valid. All reported use of General Licence INT/2022/2252300 should be sent to OFSI by 5 May 2023. OFSI has reviewed the reported use of this licence […]
FINTRAC’s video series on methods to verify the identity of a client FINTRAC publishes the third of a series of videos on prescribed methods that can be used to verify the identity of a person or an entity. The third video explains how to use the dual-process method. All businesses […]
Russia: Trust services sanctions teach-in On 21 March 2023, the Office of Financial Sanctions Implementation (OFSI) provided an update on the trust services sanctions as set out in Regulation 18C of the Russia (Sanctions) (EU Exit) Regulations 2019 where persons were designated under Regulation 18C. OFSI has issued a blog which sets out the detail on trust services sanctions. OFSI […]
Russia: Trust services sanctions All persons designated under the Russia financial sanctions regime have been designated for the purpose of trust services sanctions. On 21 March 2023 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. All persons […]
Defence Export Controls, the Australian Sanctions Office and the Australian Border Force would like to invite you to attend our outreach event in Sydney, NSW on Monday 3 April 2023 (Industry) and Tuesday 4 April 2023 (Universities/Academia). This outreach event is primarily aimed at industry, universities and research institutions involved […]
Mr. Watchlist 