AML/CFTP Governance: Board and Management Oversight

For decades, the EU has relied on directives to combat money laundering and terrorist financing. With the introduction of its new "Single Rulebook", it's changed tactics. The Rulebook creates a unified framework for AML/CFT rules across Europe, addressing the inconsistencies that arose under the previous system of directives. Frankie Cronin, Head of Business Risk Services, and Jennifer Flannery, Director in Business Risk Services, share their insights on what the new rules mean for your business and how Grant Thornton Ireland can support you in navigating this major change - https://lnkd.in/drasPevQ #Advisory #FinancialCrime #AntiMoneyLaundering #AML #CFT

For decades, the EU has relied on directives to combat money laundering and terrorist financing. With the introduction of its new "Single Rulebook", it's changed tactics. The Rulebook creates a unified framework for AML/CFT rules across Europe, addressing the inconsistencies that arose under the previous system of directives. Frankie Cronin, Head of Business Risk Services, and Jennifer Flannery, Director in Business Risk Services, share their insights on what the new rules mean for your business and how Grant Thornton Ireland can support you in navigating this major change - https://lnkd.in/gVERvweU #Advisory #FinancialCrime #AntiMoneyLaundering #AML #CFT

For decades, the EU has relied on directives to combat money laundering and terrorist financing. With the introduction of its new "Single Rulebook", it's changed tactics. The Rulebook creates a unified framework for AML/CFT rules across Europe, addressing the inconsistencies that arose under the previous system of directives. Frankie Cronin, Head of Business Risk Services, and Jennifer Flannery, Director in Business Risk Services, share their insights on what the new rules mean for your business and how Grant Thornton Ireland can support you in navigating this major change - https://brnw.ch/21wMCUt #Advisory #FinancialCrime #AntiMoneyLaundering #AML #CFT

In a recent update from SEBI, the new 'Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT)' have been released, marking a significant shift from the 2023 regulations. Authored by our associate Mr. Aditya Gupta, these guidelines set a new standard for securities market intermediaries. They introduce a thorough framework for client due diligence and risk management, crucial for maintaining the integrity of financial transactions. This update not only tightens security protocols but also aligns India more closely with international AML standards, reflecting a committed stance against financial crimes. Read the full article here: https://lnkd.in/gY5DWnzF #MetalegalAdvocates #MetalegalUpdate #SEBI #AML #CFT #AntiMoneyLaundering #Compliance #FATF #MoneyLaunderingPrevention #LegalUpdate

The Asia-Pacific Group on Money Laundering has dropped its latest Typology Report, and it’s a game-changer for understanding the shifting landscape of financial crime. Packed with insights, the report sheds light on emerging threats in money laundering and terrorism financing—a must-have guide for sharpening your and leveling up your Risk Assessment and Risk controls. This year’s hot topic? Legal structures as smokescreens. Complex and opaque entities are being used to mask ownership and control, making it tougher than ever for authorities to uncover the true masterminds, trace illicit financial flows, and recover hidden assets. If you’re serious about staying ahead of the curve and outsmarting bad actors, this report is your blueprint. Don’t miss it! #APG #RiskAssessment #RiskControls #AML #CTF #Compliance #MoneyLaundering #Regulations #Beneficialownership #NunisConsultants

Excited to share that I've successfully completed the Whistleblowing and ABC Policy Anti-Money Laundering & Combatting the Financing of Terrorism (EU) Foundation Course! 🎉 This comprehensive training has equipped me with the necessary tools and knowledge to ensure compliance with AML/CTF regulations and uphold the highest standards of integrity within our organization. Whistleblowing and ABC policies are essential components in our efforts to mitigate financial crime risks and maintain trust in the financial system. #AML #CTF #Whistleblowing #ABCPolicy #FinancialCompliance #ContinuousLearning

#MoneyLaundering & #TerroristFinancing: Consolidated assessment ratings Through its nine Financial Action Task Force (FATF)-Style Regional Bodies (FSRBs), the Financial Action Task Force (FATF) brings together a global network of 205 jurisdictions that have each committed at the highest political level, to implementing the FATF Recommendations https://lnkd.in/dc-Rx8NU  Financial Action Task Force (FATF) and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice, and how well they have implemented the technical requirements of the Financial Action Task Force (FATF) Recommendations.  This table provides an up-to-date overview of the ratings that assessed countries obtained for effectiveness and technical compliance (last updated on 19 December 2024). ACCOBIN Association of Chief Compliance Officers Super Pearls Professionals

The AML/CTF Advisers’ Forum 2024 highlighted AUSTRAC’s focus on strengthening compliance, improving reporting, and addressing emerging financial crime risks. For AML Assist clients, this means learning to stay proactive, agile, and compliant in a changing landscape. Our team ensures you’re equipped to meet regulatory priorities, implement risk-based approaches, and adapt to AUSTRAC’s evolving expectations. Ready to start planning your approach to the changing regulations? Let’s talk: https://loom.ly/P3wAEJk #AMLAssist #AMLCTF #AUSTRAC

For decades, the EU has relied on directives to combat money laundering and terrorist financing. With the introduction of its new "Single Rulebook", it's changed tactics. The Rulebook creates a unified framework for AML/CFT rules across Europe, addressing the inconsistencies that arose under the previous system of directives. Frankie Cronin, Head of Business Risk Services, and Jennifer Flannery, Director in Business Risk Services, share their insights on what the new rules mean for your business and how Grant Thornton Ireland can support you in navigating this major change - https://lnkd.in/eGwwBYc5 #Advisory #FinancialCrime #AntiMoneyLaundering #AML #CFT