THE UK’s FCA (Financial Conduct Authority) rejected just under a third of applications for AML supervision in the year to April 2025.
THE UK’s FCA (Financial Conduct Authority) rejected just under a third of applications for AML supervision in the year to April 2025, according to new figures.
This was down compared to the previous 12 months, when the watchdog refused nearly half of applications.
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OFSI General Licences INT/2022/2300292 and INT/2022/2009156 amended
On 31 March 2026, the GeneralLicenceINT/2022/2300292, Payments to Utility Companies for Gas and Electricity by UK Designated Persons who Own or Rent Properties in the UK was amended to to permit all forms of utility payment, including cash.
Any persons intending to use GeneralLicence INT/2022/2300292 should consult the copy of the Licence for full details of the permissions and usage requirements
Slovakia: EPPO conducts searches in investigation into suspected misuse of EU funds for digitalisation project
European Public Prosecutor's Office
(Luxembourg, 31 March 2026) – The European Public Prosecutor’s Office (EPPO) in Bratislava (Slovakia) is leading an investigation into suspected subsidy fraud involving EU funds, with searches carried out in Košice and Rožňava.
The investigation concerns a project aimed at developing an IT tool to automate business processes and to ensure the protection of personal data, co-financed by the European Regional Development Fund (ERDF) under the Operational Programme Research and Innovation.
AUSTRAC opens enrolment for new professions in next step for AML reforms
AUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions.
From today, 31 March, businesses - including lawyers, accountants, conveyancers, real estate professionals, and dealers in precious stones and metals - can enrol at AUSTRAC online.
This reform milestone brings AUSTRAC another step closer to 1 July when the new sectors come under its AML/CTF regime.
Disclaimer
This article is intended for general information purposes only and does not constitute legal advice. For advice specific to your situation, please contact our team at T & M Legis for a consultation with our Legal Experts.
