Search results: "stephen rae"

Regulatory Watch News

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  Setting up the new EU Anti-Money Laundering Authority for success

  Central Bank of Ireland

  May 17, 2024

  Speaking at the European Anti-Financial Crime Summit today, Deputy Governor of the Central Bank of Ireland Derville Rowland said: “The commitment of European leaders to introduce a single rulebook for Anti-Money Laundering (AML) and the creation of a new European AML supervisory and financial intelligence coordination authority is truly historic, and we are at an inflection point in the journey of financial crime prevention.

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  NCA secures first Unexplained Wealth Order in Northern Ireland

  National Crime Agency

  May 17, 2024

  The National Crime Agency (NCA) has secured the first Unexplained Wealth Order in Northern Ireland against a man suspected of involvement in serious organised crime. The Order compels the man and his wife to explain the source of funds used to construct a property in County Armagh worth approximately £275,000. It was obtained at the High Court in Belfast on Friday (17 May) as part of an ongoing NCA civil recovery investigation.

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  Financial sanctions update: DPRK, Russia, DRC, ISIL (Da’esh) and Al-Qaida & Burundi

  OFSI

  May 17, 2024

  On 17 May 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.  The following entries have been added to the Democratic People’s Republic of Korea financial sanctions regime and are now subject to an asset freeze: 

  • Aleksey Mikhailovich Vorotnikov (Group ID: 16499) 
  • Paekyangsan Shipping Co Ltd (Group ID: 16495) 
  • Toplivo Bunkering Company (Group ID: 16496)