9/5/2025 12:44:35 PM UK AML Reform in 2025: A Strategic Shift Toward Risk-Based Regulation? By David Hamilton The UK’s anti-money laundering (AML) regime is undergoing a significant transformation in 2025, driven by three key developments: the...
1/6/2022 10:25:07 AM NatWest's Leaky Defence and the Importance of the Agreed Statement of Facts By Kyle Phillips The recent criminal conviction of National Westminster Bank Plc ("NatWest") by the FCA was unique in that it was the FCA's first...
10/18/2021 9:23:06 AM The FCA and money laundering sanctions – civil vs criminal By Kyle Phillips On 7 October 2021 NatWest pleaded guilty to failing to properly monitor certain accounts and apply appropriate customer due diligence...
9/30/2021 10:27:25 AM Virtual Assets - the money laundering risks By Kyle Phillips Virtual Assets are commonly associated with criminal activity, typically as a consequence of their anonymous nature. Over the last few...
9/7/2021 8:10:58 AM CPS' updated money laundering guidance - it appears there can be smoke without fire By Kyle Phillips Layla Dribble The CPS recently issued updated guidance on the prosecution of 'failure to disclose' offences under section 330 of the Proceeds of Crime...