The UK Economic Crime and Corporate Transparency Bill: What Does It Mean for Compliance Officers?

Recorded

Online

2 ACAMS Credits

Overview

The UK Economic Crime and Corporate Transparency Bill, unveiled in August, is a major piece of legislation that seeks to plug longstanding gaps in Britain's anti-money laundering framework. Learn more about the main aspects of the bill, the relative strength of the proposals and what they will mean for compliance departments.

Learning Objectives

Exploring how the bill seeks to enhance corporate transparency and stem the abuse of UK legal entities by criminals by reforming Companies House and the law governing limited partnerships

Assessing the strength of the private-private information-sharing provisions contained in the legislation, how compliance departments could use them to full effect, and what risks they present

Examining the new powers to seize and recover cryptocurrencies and what they mean for regulated exchanges and other virtual assets service providers