If you've been following the implementation of different measures under 5AMLD, I'd hazard a guess that you've probably had a similar thought to me upon learning that the UK Home Office is to drop the 5AMLD bank account portal plan. Common sense in action?
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'We welcome the cancellation, as it avoids imposing further regulatory burdens on firms and adding to compliance costs,' commented the Law Society of England and Wales.
www.step.org/...
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Revolut secures Gibraltar DLT licence to support global crypto expansion.
Global fintech Revolut has been granted a Distributed Ledger Technology (DLT) Provider licence by the Gibraltar Financial Services...
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