Posts Tagged ‘Threat Alerts’
15.03.11 Reminder from HMRC – Money laundering risks from politically exposed persons
Financial sanctions imposed on Libya, Zimbabwe, Al-Qaida and the Taliban The UK Government has announced financial sanctions against the regimes in Libya and Zimbabwe and against anyone associated with either Al-Qaida or the Taliban. Recent developments in the Middle East have highlighted the need for businesses to be vigilant and have robust ...
07.09.10 HMRC Guidance – Pakistan floods disaster – guidance on transmitting money
The Government recognises the crucial importance of individual giving and charitable donations at times of humanitarian crisis such as the Pakistan floods and therefore understands and values people’s desire to give money. This underlines the importance of knowing that money sent with best intentions is not inadvertently finding its way ...
07.09.10 Charity Commission publishes advice for donations for the floods in Pakistan
The Charity Commission, the independent charity regulator for England and Wales, has published advice for people who want to support those affected by the floods in Pakistan, whether by fundraising or by making a personal donation. The public’s support is crucial to enable charities to deliver desperately needed aid to Pakistan ...
18.03.10 HM Treasury Press Release
[caption id="attachment_392" align="alignleft" width="282" caption="HM Treasury"][/caption] HM Treasury today issues a Statement on Money Laundering controls in Overseas Jurisdictions The notice constitutes advice issued by HM Treasury about risks posed by unsatisfactory money laundering controls in ...
10.11.09 SOCA publish The UK threat assessment of Organised Crime
SOCA publish The UK threat assessment of Organised Crime The UK threat assessment of Organised Crime has been published on the Serious Organised Crime ( SOCA) website The assessment describes the threats to the UK by organised crime and considers how these threats may develop. For businesses subject to the Money Laundering ...
05.08.09 Passwords stolen for tax returns
Gangs are stealing taxpayers' passwords and submitting claims for tax refunds to be paid to them, HM Revenue and Customs has warned. A series of attempted fraudulent claims through the self-assessment repayments system has been discovered. No figures ...
18.06.09 Taliban, Al Qaeda finances recovering
Investigation shows Taliban in Afghanistan and Pakistan get money from extortion, crime and drugs.Taliban refer to extortion money as tolls, taxes or zakat PESHAWAR: For the Taliban in Afghanistan and Pakistan, money is coming mostly from extortion, crime and drugs, an AP investigation claims Funding for the Al Qaeda is more diverse ...
26.04.09 HMRC issue revised guidance to MSB’s
This guidance is being sent to Money Service Businesses (MSBs) with a copy of the first direction issued under the Counter Terrorism Act 2008 Schedule 7 which affects them and will shortly be included in Public Notice MLR8: Preventing money laundering and terrorist financing. Who is this guidance for? This guidance is ...
16 March 2009 HM Treasury warns businesses of serious threats posed to the international financial system
The Financial Action Task Force (FATF) has announced that it remains concerned by Iran’s failure to meaningfully address the deficiencies in its Anti-Money Laundering and Combating Terrorist Financing (AML/CTF) regime, particularly in respect of terrorist financing and suspicious activity reporting. The FATF has called on its members to consider effective countermeasures ...
