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Joined November 2021
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Curious about how AMLCC could help your legal firm? We've got the details here...
amlcc.com/legal/
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While regulation updates seek to address the issue of transparency in company formation, regulated professionals must continue to monitor for suspicious activity.
prospectmagazine.co.uk/ideas…
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AMLCC retweeted
This year’s Annual Report and Accounts (ARA) show the SFO continuing to deliver on its mission of fighting fraud, bribery and corruption, and providing justice for victims.
Great to see the NCA in action, securing our financial economy and helping to build our reputation as a country that's tough on financial crime.
nationalcrimeagency.gov.uk/n…
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We often come across the misunderstanding that simply performing Know Your Client (KYC) and identity validation checks are enough to stay on the right side of AML regulations.
The short answer is, they're not.
communities.lawsociety.org.u…
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This is definitely not the reputation a regulated business wants to have...
pymnts.com/aml/2024/dea-drug…
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Why is this an issue for the UK?
📉 It undermines trust in our financial systems
📉 It presents a risk to our country's financial integrity
📉 It prevents legitimate, UK business people from investing
rferl.org/a/azerbaijan-anar-…
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AMLCC retweeted
One in every three detected victims of human trafficking is a child.
Child trafficking occurs globally!
@UNODC works to raise awareness on this global issue and accelerate action to end it.
Learn more ⤵️
unodc.org/unodc/en/frontpage…
In the challenging landscape of Anti-Money Laundering (AML) compliance, solo practitioners often face seemingly-insurmountable hurdles.
Thanks to Tim Pinkney for sharing with us his view on how AMLCC has made AML more straightforward for IFA members.
amlcc.com/case-study/tim-pin…
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As the bounds of digital currencies expand, the anchor of regulatory compliance ensures transparency and trust in a space susceptible to exploitation.
fca.org.uk/news/press-releas…
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It's evident that sanctions evasion is facilitated through complex global supply chains that exploit "middle" countries, which calls for greater scrutiny of UBOs to ascertain the true end-users of goods and services.
theguardian.com/world/articl…
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AMLCC retweeted
The Sole Practitioners Group - Spring 2024
Welcome to our latest edition
issuu.com/eastparkstudio/doc…
@TaylorRoseMW @suffolkpunch @forensicfreddie @Lockton @AbleComCare @xpresslegal @RRSolutions5 @amlcc_global @BritishChelonia @Dev_Assist @ListeningBooks @TheLawSociety
Richard's your guide through the essentials of AML compliance. The series is designed to help you simplify AML measures and boost your confidence in meeting your AML requirements.
Listen now.
youtube.com/playlist?list=PL…
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This case perfectly illustrates how critical it is to close these loopholes, ensuring that all entities, particularly those in sensitive sectors or with significant heritage sites, adhere to the highest standards of transparency.
🗣️ This revelation shows the value of transparency provided by the Register of Overseas Entities.
@swann_tweets spoke to @LeaskyHT about our analysis exposing the secret owner of Scotland's biggest collection of at-risk A-listed buildings.
heraldscotland.com/news/2439…
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With the landscape of AML continually evolving, staying informed and ahead has never been more crucial. Each episode of our new series is crafted to enhance your understanding of AML and how to protect you and your business.
youtube.com/playlist?list=PL…
ALT AML Unravelled - A podcast series for AML professionals who want to understand the AML landscape and protect themselves and their business.
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AMLCC retweeted
Corruption isn't just a problem in countries that rank low in the Corruption Perceptions Index – it's a global issue with far-reaching consequences. Even top-performing nations fall short in the fight against corruption.
Read more: anticorru.pt/30v
#CPI2023
Verifying a client's identity is just the tip of the AML iceberg. There's so much more you need to do to be legally compliant and avoid additional scrutiny - and fines - from your regulator.
But don't panic. We've got every base covered.
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AMLCC retweeted
More than one third of human trafficking victims globally are children.
Children do not have a price tag.
Children are #NotForSale
As the Government pushes harder for open registers, now more than ever, professionals in finance, legal, real estate and other affected sectors must align with these reforms.
theguardian.com/world/articl…
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Majeed, known as The Scorpion, had previously worked as a mechanic in the UK. It's a legitimate job which any accountant with sole traders on their books would see as 'just another client.'
bbc.co.uk/news/articles/c6py…
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