The European Commission has recently adopted and published its latest Supranational Risk Assessment (SNRA) Report.… Read More European Commission launches its Supranational Risk Assessment Report for 2022
Anti-Money Laundering Europe (AME) hosted a webinar on 29 September that was moderated by the chairman of STEP Europe, Paolo Panico TEP.… Read More Anti-Money Laundering Europe (AME) roundtable on the EU’s AML/CFT legislative package
The Financial Action Task Force (FATF) is conducting a review of Recommendation 25, which covers the transparency and beneficial ownership of legal arrangements. The FATF’s objective is to improve Recommendation 25 and its Interpretive Note to meet its overall objective of preventing the misuse of legal arrangements for money laundering or terrorist financing. The FATF… Read More FATF invites STEP to discuss potential revision of Recommendation 25
UPDATE 13 DECEMBER 2021 On 13 December 2021, during the release of its iOS 15.2 update, Apple officially released its Digital Legacy feature, which lets people choose the specific people (up to five family members or friends) who will be able to access their account after they die. The chosen contacts will then be able… Read More Progress on digital legacy planning from internet service providers
The Organisation for Economic Co-operation and Development’s (OECD) Task Force on Tax Crimes and Other Crimes launched its new report, Ending the Shell Game: Cracking down on the Professionals who enable Tax and White Collar Crimes, during the 2021 OECD Global Anti-Corruption & Integrity Forum this week. The report sets out a range of strategies… Read More OECD steps up the fight against enablers of tax and financial crimes
On 11 February, STEP Europe held a webinar to examine how various jurisdictions have transposed the Fifth Anti-Money Laundering Directive (5AMLD), and particularly how those Member States have chosen to define a business relationship. The panel included Stéphanie Auferil TEP from France; Dr Petra Camilleri from Malta; Aileen Keogan TEP from Ireland; Filippo Noseda TEP… Read More Trusts and AML-CFT registers of beneficial owners: I’m a trustee, do I need to register somewhere?
On 27 January 2021, Paolo Panico TEP, the Chair of STEP Europe, moderated a webinar hosted by Anti-Money Laundering Europe (AME) on the future of the European Union’s policy on preventing money laundering and terrorist financing. The panel included Steve Ryan, deputy head of the financial crime unit in the Directorate-General (DG) Internal Market and… Read More The future of EU policy on preventing money laundering and terrorist financing
On 18 November STEP will hold its third webinar in the Thought Leadership webinar series, following webinars on the remote witnessing of wills and wealth taxes earlier in the autumn. Mental Health and the Financial Advice Relationship will be chaired by Mark Dunkley TEP, Shakespeare Martineau LLP (UK); and the panel will consist of Carol… Read More STEP webinar on Mental Health and the Financial Advice Relationship
The first STEP Virtual STEP UK Annual Tax Conference was held on 26 June with over 800 people attending online. The day was a radical departure for STEP, with conventional meetings postponed or cancelled due to COVID-19. While it did include some glitches, attendees have the opportunity to catch up on any material they missed,… Read More STEP’s first Virtual UK Annual Tax Conference
On 3 June, STEP joined a webinar hosted by Anti-Money Laundering Europe (AME) on the future of the European Union’s fight against money laundering. John Riches TEP, Chair of STEP’s Public Policy Committee, was joined on the panel by Jérôme Deslandes, Cabinet of the Executive Vice President of the European Commission; and Piers Haben, Director… Read More STEP joins Anti-Money Laundering Europe webinar on the future of the EU’s fight against money laundering
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