Financial Crime Weekly Episode 71

Hello, and welcome to episode 71 of the Financial Crime Weekly Podcast, I’m Chris Kirkbride. It’s been a quiet week this week, but there is enough to keep us interested.

As usual, I have linked the main stories flagged in the podcast in the description. These are:

Department for Business and Trade, Guidance for the Registration of Overseas Entities on the UK Register of Overseas Entities Technical guidance for registration and verification (August 2023).

Department for Business and Trade and Export Control Joint Unit, General Trade Licence Russia Sanctions – Legal Advisory Services.

Department for Science, Innovation, and Technology, Cyber security skills in the UK labour market 2023.

Electoral Commission, Public notification of cyber-attack on Electoral Commission systems.

Entain Group plc, Update on HMRC Investigation.

European Banking Authority, Report on the Functioning of Anti-Money Laundering and Countering the Financing of Terrorism Colleges in 2022 (EBA/REP/2023/31).

Financial Conduct Authority, FCA and COLC Authorised Push Payment (APP) Synthetic Data Launch.

Foreign, Commonwealth and Development Office, Largest ever UK action targets Putin's access to foreign military supplies (press release).

Foreign, Commonwealth and Development Office, Guidance: The UK Sanctions List (updated: 10/08/2023).

Office of Financial Sanctions Implementation, Financial Sanctions Notice: Russia (08/08/2023).

Office of Financial Sanctions Implementation, Financial Sanctions Notice: Belarus (08/08/2023).

Office of Financial Sanctions Implementation, Guidance: Who is subject to financial sanctions in the UK? (updated: 10/08/2023).

Office of Financial Sanctions Implementation, Financial Sanctions Notice: Global Anti-Corruption.

Office of Financial Sanctions Implementation, Financial Sanctions: Global Anti-Corruption Consolidated Lists.

The Washington Post, Opinion: Why a federal judge is pushing for an international anti-corruption court.

UK Finance, Developing Guidelines for the Funds Transfer Regulations.

UK Finance, Funds Transfer Regulation – ‘How To’ Interpretative Guidance.

US Department of Justice, Former Miami-Dade Corrections Sergeant Pleads Guilty to COVID-19 Relief Fraud.

US Department of the Treasury, Joining Partners, U.S. Treasury Sanctions Former Central Bank Governor of Lebanon and Co-conspirators in International Corruption Scheme.

US Department of the Treasury, U.S. Expands Sanctions on the Belarusian Regime, Marking the Three-Year Anniversary of the Fraudulent August 2020 Presidential Election.

US Department of the Treasury, Remarks by Under Secretary Brian Nelson on Illicit Finance in Lexington, Kentucky.

US Department of the Treasury, Treasury Imposes Sanctions on Russian Elites and a Russian Business Association (press release).

US Securities and Exchange Commission, Colombian Conglomerate Grupo Aval and Its Bank Subsidiary to Pay $40 Million to Settle FCPA Violations (press release).