Anti-Financial Crime & Financial Crime Compliance
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Fintrac
FinCEN
The Corporate Transparency Act requires many companies doing business in the United States to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them. Join a FinCEN representative for a virtual information session on beneficial ownership information reporting requirements and how to comply with the law. WHAT: Webinar on beneficial ownership information reporting requirements WHEN: Tuesday, April 30, 2 p.m. ET WHERE: www.youtube.com/@fincentreasury
OFSI
On 29 April 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. Enacting the UN’s decision to amend this entry on 25 April 2024, the following entry has been amended under the ISIL (Da’esh) and Al-Qaida financial sanctions regime and remains subject to an asset freeze:
Alisha Houlihan
Lithuania has now begun their presentation, led by Lithuania Finance Minister, Gintarė Skaistė.
This session is set to run from 11:00-12:00.
Alisha Houlihan
Currently, the nine applicants to host the EU’s future watchdog on fighting money laundering and terrorist financing are presenting their candidacies in a public hearing.
Alisha Houlihan
The sessions started at 08:30 am. After a general introduction, the candidates make their presentations.
Alisha Houlihan
Thus far, we have had:
Italy, Rome 9:00-10:00;
Austria, Vienna 10:00 -11:00;
Lithuania, Vilnius 11:00 -12:00;
Alisha Houlihan
There is currently a recess, Next up, we have Latvia, Riga 13:30-14:30 CET.
Alisha Houlihan
Latvia, Riga has now begun their presentation and opened up with a video.
Alisha Houlihan
Ireland has now started their presentation
Alisha Houlihan
We are currently in the midst of France’s presentation. The final bid presentation!