Federal Council Launches Consultation Procedure on a Bill to Strengthen the AML Framework
31 Aug, 2023
26 Feb, 2024
New U.S. Guidance on Business Risks Associated with Russia
On February 23, 2024, the U.S. Departments of State, Treasury, Commerce, and Labor issued a business advisory for dealings with Russia and its occupied territories.
20 Feb, 2024
Media Monitoring and Rights of Customers: Uzbekov vs Revolut Judgment: Lessons for KYC and Media Monitoring Programs
A landmark decision by UK’s High Court provides interesting lessons on Financial Institution’s freedom to close bank accounts based on mere suspicion vs contractual obligations vis-à-vis the client.