In an article published by Thomson Reuters Regulatory Intelligence on 16 September 2021, Anita Clifford was quoted on the proposed expansion of the duty to report beneficial ownership discrepancies to Companies House.
The government has commenced the consultation process for further amendments to the Money Laundering Regulations 2017. Changes up for discussion stand to affect the art market, including potentially those selling digital art, cryptoasset businesses and trust and company services providers.
The proceeds of environmental crime are laundered far more than most realise. This is the message of a recent report of the Financial Action Task Force ‘Money Laundering from Environmental Crime’, published July 2021.