Tag Archive for money-laundering
Maintaining Caution – The Enduring Risks Associated with Iran
Financial crime risk assessment
The Fourth EU AML/CTF Directive
This article will focus on one of the most recent initiatives by the EU, which underlines the continued importance of revising and improving existing anti-money laundering/ counter-terrorist financing (AML/CTF) legislative frameworks both within the individual member states and also in a cross-border context in terms of the cooperation between relevant national authorities.
Cyprus—Becoming a geopolitical hub in Europe?
Europe’s upcoming Fourth AML/CFT Directive
In February 2013, the European Commission adopted two proposals: the Fourth AML Directive and a complementary regulation on what information must accompany fund transfers to ensure traceability. The European Parliament’s and European Council’s so-called “draft directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing”…