Britain | eSpear News

Britain Issues New AML Law for Overseas Territories

Author: Staff Writer September 13, 2018

In an attempt to protect Britain’s overseas territories from money laundering, the UK has introduced the Sanctions and Anti-Money Laundering Act (SAMLA) which requires the territories to establish public registries of beneficial corporate ownership by December 31, 2020. SAMLA was… Read more >

AML, Britain

aml, anti-money-laundering, compliance, due diligence

Britain Announces World’s First Public Register to Fight Money Laundering

Author: Staff Writer January 23, 2018

In order to fight money laundering within the British property market, Britain’s Department for Business, Energy and Industrial Strategy introduced the world’s first public register that requires overseas companies which own or have the ability to buy property within the… Read more >

AML, Britain, Compliance, Due Diligence

aml, AML Compliance, anti-money-laundering, Britain, compliance, due diligence, know your customer, kyc, Risk Management