Join Tom Devlin, CCO at KYC360 and Neil Swift, Partner - Business Crime, at Peters & Peters, as they discuss a range of pressing UK compliance issues and the associated risks.
We are delighted to be joined on this webinar by Neil Swift, Partner - Business Crime, at Peters & Peters, a practitioner who's on the front line of contemporary trends and developments, within the UK in the AML space. Neil has been in practice for around twenty five years and has advised corporate and individual clients during that time in fraud, corruption, and money laundering issues.
In this podcast Tom Devlin and Neil Swift, Partner - Business Crime, at Peters & Peters, will discuss a range of pressing UK compliance issues and the associated risks.
In this podcast, you’ll learn:
- The implications of account freezing and forfeiture practices.
- An analysis of the capital controls in China and their effects on non-Chinese financial institutions.
- The complexities of money laundering through transmission and the risks associated with utilising non-regulated Money Service Businesses (MSBs).
- Insights into the recent fine imposed on Starling Bank.
- A review of the current state of UK law enforcement regarding Anti-Money Laundering (AML) prosecutions and policy-making in this area.
- Anticipated changes in transparency concerning ownership and identity verification practices.
- A look ahead at the UK's upcoming Moneyval exercise and its implications for financial oversight.
- An examination of trends in fines within the legal sector and potential forthcoming changes.
Listen to the podcast now.
Recorded: 23rd October 2024