Editor's Note: In the latest installment of our series, the ACAMS moneylaundering.com legal team reviews Britain's ongoing effort to upgrade its anti-money laundering framework in the current calendar year. The Economic Crime and Corporate Transparency Bill, which U.K. officials published Sept. 22, includes reforms to combat illicit use of legal entities, enable confiscation of cryptocurrency and facilitate private-sector information sharing for the purpose of preventing financial crime. Officials published 19 factsheets alongside the comprehensive legislation to further explain how the bill would overhaul Britain's current framework against money laundering, terrorist financing and other types of illicit finance, including measures mandated...
The ACAMS moneylaundering.com legal team reviews the U.S. Supreme Court's ruling in West Virginia v. Environmental Protection Agency, which carries potentially significant consequences for federal regulation.
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