About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Briefs

HMRC Releases List of Firms in Breach of AML Regulations

Subscribe to our newsletter

HMRC on March 4,2019 published a list of nine businesses issued with penalty notices for the 2018-19 tax year, for failing to comply with the new 2017 Money Laundering Regulations. Five penalties were enforced by HRMC between June 2017 and October 2018 under the 2017 regulations, to the value of £1,390.80. A further 545 penalties were enforced under the 2007 AML regulations over the same period, to the value of £2.54 million.

The FCA is believed to have given notice to hedge funds to expect FCA AML investigators within the next month.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to develop a reporting framework for ESG disclosure regulation

ESG reporting is a challenge and additional burden for many financial institutions as regulations continue to evolve, ESG data management is complex, and global standards remain elusive. Helpful solutions include reporting frameworks that support the collection, understanding, and management of ESG data for disclosure. This webinar will provide practical guidance on how to build a...

BLOG

Seven 2026 RegTech Outlooks for Compliance, Reporting and Financial Crime

As 2026 gets underway, RegTechs are positioning for a shift in regulatory emphasis from refits, rewrites and attestations to demonstrable evidence. Across the jurisdictions supervisors are shifting from consultation and rulemaking into validation and testing whether firms have operationalised reforms through governance, high-quality data, defensible controls and credible evidence. The seven RegTechs that follow have...

EVENT

Digital Assets & Tokenisation Summit, New York

A-Team Group’s Digital Assets & Tokenisation Summit spotlights how global financial leaders are rapidly embracing programmable tokenised assets and DLT networks to achieve real-time, 24/7 peer-to-peer transactions.

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...