About a-team Marketing Services

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: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

GLEIF Begins a New Decade in Growth Mode

The Global Legal Identifier Foundation (GLEIF) enters its second decade this month with its novel system of identifiers for everything from companies and their financial instruments to real assets fast becoming a global standard. While the next five years are expected to see yet more entities join the GLEIF’s open data project, the organisation’s immediate...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...