Further amendments to the JMLSG Guidance

The JMLSG has published revised versions of the sector specific additional material for asset finance (12) and syndicated lending (17) in Part II of its Guidance on the prevention of money laundering and the financing of terrorism.

FCA Data on UK Financial Crime

In a speech on 22 May 2018, the FCA revealed that 2,100 firms, including all the major banks and life insurers, had responded to the annual financial crime data return by 31 December 2017.