HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...READ MORE
The European Commission on Wednesday called on six EU member-states to bolster their anti-money laundering (AML) supervisory and enforcement efforts in light of recent bank scandals and the risks of crypto-assets.
The requests highlight recent efforts by Denmark, Estonia, Latvia, Bulgaria, Sweden and Malta to prevent financial crime, and come as part of the commission’s Country Specific Recommendations, marking the first time that the executive body has linked AML proposals to its member-specific economic guidance.
Read more at KYC360.