(Ebook) Money Laundering Compliance by Tim Bennett ISBN 9781526525956, 9781526525987, 9781526525970, 152652595X, 1526525984, 1526525976

(Ebook) Money Laundering Compliance by Tim Bennett ISBN 9781526525956, 9781526525987, 9781526525970, 152652595X, 1526525984, 1526525976

Designed to be used as a constant reference and user-friendly companion, the Fourth Edition provides a technical and practical overview of both the UK and key international provisions designed to prevent the laundering of the proceeds of serious crime and the financing of terrorism. As well as a new chapter on cryptoassets and regulation the new Edition has been completely revised in line with recent legislation and case law, with other key areas of change including: - The impact of Brexit on the UK's position vis-a-vis EU Law, and in particular in relation to the EU Money Laundering Directives covering AML:/CFT matters (Directive 2016/849 (“4MLD”), Directive 2018/843 (“5MLD”), Directive 2018/1673 (6MLD”) etc); - “Economic Substance” initiatives in certain jurisdictions; - The online development of FinTech and the host of AML/CFT RegTech websites/ Mobile Apps, and the introduction of new methods of CDD verification; and - Russia's “special military exercise” in Ukraine leading to retaliatory sanctions against defined Russian Oligarchs plus a general prohibition against the provision of trust and company services to certain “Russian-connected” trusts (Regulation 833/2014 and UK SI 2019/855 (The Russia (Sanctions) (EU Exit) Regulations 2019). This is an essential resource to ensure finance professionals, private bankers, lawyers, trust and estate practitioners, and other advisers are up to date with this increasingly complex and sensitive area of law.