Money Laundering/AML

The Spanish Ministry of Finance has named a new list of countries, territories and harmful tax regimes that would be considered as “non-cooperative jurisdictions” for tax purposes, in accordance with the reform introduced by the Anti-Tax Fraud Law in 2021

An international operation involving the National Crime Agency has taken down a ransomware service used by cyber criminals to attack and extort businesses across the globe

The Eurpean Union (EU) Council has decided to prolong economic sanctions over Russia’s military aggression against Ukraine by six months

The Council of Europe’s anti-money laundering body MONEYVAL has encouraged Monaco to strengthen measures to combat money laundering (ML) and financing of terrorism (FT)

Members of the European Parliament have voted to widen the scope and toughen sanctions of proposed legislation aimed at clamping down on shell companies used for tax purposes

HMRC has published the details of five further tax avoidance schemes, including three promoted by AML Tax

The US's Financial Crimes Enforcement Network (FinCEN) has released a Financial Trend Analysis detailing the financial activity of Russian oligarchs, high-ranking officials, and sanctioned individuals

In an art world full of mysterious claims to expertise, constantly evolving scholarship and engulfing exemption clauses, it is inevitable that art market actors sell artworks that in retrospect, sometimes years later, transpire to be a forgery

The UK government has updated its sanctions targeting Russia through its Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022

Swiss Finance Secretary Daniela Stoffel has met with the Deputy Secretary of the United States Treasury, Wally Adeyemo. to discuss bilateral and multilateral financial and tax matters