How to obtain BO information from trusts and similar legal arrangements

The new IPS sanctions regime (Resolution C.A. No. 044-031/2025) increases the financial risk of administrative litigation for employers, particularly if their intention is merely to delay payment of a penalty or if they lack the timely documentation to support an appeal against the administrative act. An unfavorable outcome in a summary proceeding requested by the company now entails the application of an additional, very serious infraction, which demands a more rigorous evidentiary assessment before initiating a challenge. The full analysis is available on our website: https://lnkd.in/dEcRbYE3 #CanoCharruff #ParaguayanLaw #LaborLaw #SocialSecurity

🔎 Identification, Tracing, and Management of “Sanctioned” Assets Amid ARMA Reform The reform of ARMA introduces new approaches to identifying, tracing, and managing assets under sanctions. The efficiency of these processes determines not only the recovery of assets for the state but also the level of business trust in the mechanisms of sanctions policy. How are “sanctioned” assets currently traced and transferred for management? What challenges arise during their administration? And what changes does the renewed ARMA model envision for 2025? 👨💼 Speaker: Pavlo Velykorechanin, Deputy Head of ARMA, PhD in Law, Coordinator of Asset Identification and Tracing 📅 Date: October 10, 2025 ⏱️ Time: 09:00 – 18:00 📱 Format: Offline & Online 📄 Program: https://bit.ly/4nmZk5P 📌 Registration: https://bit.ly/4mZVVdx

The October 2025 Practical Law Journal features an article by Matthew Stock Stock and me discussing rewards and protections for #whistleblowers disclosing money laundering or sanctions evasion: https://lnkd.in/eqAzbmGa. Under the Anti-Money Laundering and Sanctions Whistleblower Program, whistleblowers can qualify for awards ranging from 10 to 30 percent of the monetary sanctions collected in successful enforcement actions. And whistleblowers have the option to submit tips anonymously if represented by an attorney. Key points covered in the article include: - Eligibility criteria for whistleblower awards; - Factors influencing the amount of an award; - Protections against retaliation; and - Remedies available to combat retaliation. #whistleblowers #aml #moneylaundering #whistleblowing #FinCEN #OFAC #corruption #financialcrime

The UK’s Office of Financial Sanctions Implementation (OFSI) recent action against Vanquis Bank Limited signals that enforcement is intensifying, underscoring the need for effective sanctions screening and controls. In their latest article, #GTLondon’s Annabel Thomas, Gavin Costelloe and Bethany Histed discuss: • How screening systems must be able to respond immediately when designation occurs • The role of internal processes (first-line, second-line reviews) and resource allocation • What could change under OFSI’s reform proposals, including heavier penalties and public disclosures Read the full article here: https://buff.ly/gyKQjni #ComplianceRisk #SanctionsLaw #RegulatoryReform #GTAlert

📢 We are pleased to announce the start of a new season of money laundering training within the well-known host ISF - Institute for Financial Studies Bucharest. 🌟 The autumn course sessions feature the presentation of the latest legislative news in the field, the implementation of the AML6 package, the 2021-2024 sectoral evaluation reports, news on international sanctions on AML, etc. ⏲️ When?: October 10th 2025 👨💻 Where?: Online from ISF - Institute for Financial Studies, Bucharest 🔎 Details here: https://lnkd.in/dF3jPDQg A partnership between UBB FSEGA | Faculty of Economics and Business Administration & ISF - Institute for Financial Studies. #moneylaundering #sanctions #AML6 #suspicioustransactions #corruption

Did you miss our eye-opening webinar on the Office of Foreign Assets Control (OFAC) Sanctions and Insurance? We broke down what insurers need to know about U.S. sanctions laws, including new 2025 mandates and also covered how even routine transactions—like issuing a policy or accepting a premium—can trigger compliance risks if they involve sanctioned entities. Watch this essential session now to stay ahead of regulatory expectations. https://splr.io/6041sI7rf #ofac #sanctions #lifeinsurance

Sanctions compliance is more complex than ever, with businesses facing legal, financial, and reputational risks if they fail to meet evolving requirements. How can organisations strengthen financial crime risk assessments to ensure compliance? Our latest article explores key global challenges and mitigation strategies. Read more: https://hubs.la/Q03drLRD0 #Sanctions #RiskManagement #AML #FinancialCrime #Compliance

Navigating sanctions compliance has never been more challenging. Lerato Lamola Esq., will share her expertise at the Mauritius Comsure Group 7th Annual Financial Crime Conference this month. Her session, "Sanctions Compliance in a Fragmented World," is essential for compliance professionals seeking effective strategies in a complex global environment. We look forward to contributing to this vital dialogue. #FinancialCrime #Compliance #RiskManagement #RegulatoryInsights

Economic Sanctions & AML Co-Chair Roberto Gonzalez joined financial crimes specialists from FTI Consulting to discuss trade-based money laundering (TBML) in Financier Worldwide Magazine. Learn more: https://lnkd.in/ec_6Hvsm #Sanctions #AntiMoneyLaundering

🕒𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮’𝘀 (AUSTRAC) 𝗔𝗠𝗟/𝗖𝗧𝗙 𝗥𝗲𝗳𝗼𝗿𝗺𝘀 With the passing of the 𝘈𝘔𝘓/𝘊𝘛𝘍 𝘈𝘮𝘦𝘯𝘥𝘮𝘦𝘯𝘵 𝘈𝘤𝘵 2024 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘈𝘔𝘓/𝘊𝘛𝘍 𝘙𝘶𝘭𝘦𝘴 2025, the long-debated 𝗧𝗿𝗮𝗻𝗰𝗵𝗲 𝟮 reforms are now law. From March and July 2026, thousands of new professions will come under AUSTRAC regulation — and existing #reporting entities (banks, remittance providers, VASPs) must update their AML/CTF programs. The clock is ticking for compliance. Businesses should plan and get ready. #AML #Compliance #FinancialServices #VASPs #AMLReforms #Gorvance #RiskManagement Ming Dao Law