Tag: Poland

Regulatory Watch News

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  New member appointed to the Regulatory Decisions Committee

  Financial Conduct Authority

  July 14, 2026

  The FCA Board has appointed Dan Lavender as a new member of its Regulatory Decisions Committee (RDC).

  The RDC is responsible for taking certain regulatory decisions on behalf of the FCA relating to contested enforcement action. Committee members bring a broad range of professional experience to support fair, independent and evidence-based decision-making. Alison Potter, the Chair of the RDC, said: ‘I am delighted to welcome Dan to the committee. Dan has significant legal and leadership experience in relation to contentious financial services matters, so his skill set will complement existing committee members and enhance the overall capability and effectiveness of the RDC.’

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  AMLA consults on harmonised risk assessments in the non-financial sector

  AMLA

  July 14, 2026

  A shared methodology across the EU: AMLA is inviting views on draft rules that will determine how supervisors in every Member State assess money laundering and terrorism financing risks of businesses and professionals in the non-financial sector. Criminal money enters the economy in many ways, often through everyday transactions, from property purchases to luxury goods, professional services, or gambling. That makes it important for businesses in the non-financial sector to recognise and address the risk of being misused for money laundering or terrorist financing. Supervisors, in turn, need to understand the levels of risk that different businesses face, so they can allocate their resources accordingly. The draft standards give them a shared methodology for assessing that risk, so similar businesses are assessed on the same terms wherever they operate.

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  Greece: Searches and seizures in probe into suspected €46.9 million VAT carousel fraud

  European Public Prosecutor's Office

  July 14, 2026

  (Luxembourg, 14 July 2026) – The European Public Prosecutor’s Office (EPPO) in Athens (Greece) conducted searches and seizures last week at several locations in Attica and Kastoria, as part of an ongoing investigation into suspected VAT carousel fraud involving the trade of small electronic goods and the laundering of criminal proceeds. The investigation, which began almost one year ago, has so far revealed a complex network of companies established in Bulgaria, Cyprus, Czechia and Greece, allegedly used to trade small electronic goods across the EU.