Over the next few days, we are expecting the publication of an Action Plan from the European Commission which will outline an EU-wide supervisory framework for AML and CFT.
In its March 2020 Budget, the UK Government provided assurance about its plan to support the public as well as business in the context of COVID-19. At Budget time, the Chancellor announced that despite significant and unprecedented challenges, the UK economy remains strong and the Budget outlines the government’s plans to ensure continued growth and investment in the nation.
As regulatory and compliance professionals, community safety is always our top priority at XReg Consulting. In response to the rapidly evolving COVID-19 emergency, we are taking precautionary health and safety measures very seriously, while following all relevant government and WHO advice.
On Wednesday, 12 February 2020, MONEYVAL published the long-awaited evaluation report against Gibraltar’s compliance with anti-money laundering and countering the financing of terrorism (AML/CFT) global standards.
