Europol meaning

In this issue: Financial sanctions AML, CTF & counter-proliferation financing Economic crime Data protection Other Practice Compliance updates this week Daily and weekly news alerts Trackers New and updated content Financial sanctions OFSI updates Enforcement and Monetary Penalties guidance The Office of Financial Sanctions Implementation (OFSI) has revised its Enforcement and Monetary Penalties guidance, with most changes focused on chapter 3 covering case assessment. The revision sets out how ‘case factors’ are considered and allocated when scrutinising suspected financial sanctions breaches. Two separate factors have been added: ‘knowledge, intention and reasonable cause to suspect’ and ‘co-operation’. OFSI also notes a change in chapter 6 regarding the delegation of ministerial reviews of monetary penalties. See: LNB News 02/05/2024 20. AML, CTF & counter-proliferation financing The Law Society reports two-fifths of laundered money is through property The Law Society highlights new Europol findings showing that 41% of organised crime networks launder proceeds via...

In this issue: Key developments UK immigration control: how it works Challenging immigration decisions and enforcement Citizenship applications Daily and weekly news alerts New and updated content New Q&As Key developments Future developments—Immigration calendar Note that our Immigration calendar sets out key forthcoming developments relevant to business immigration advisers. UK immigration control: how it works Home Secretary's speech focuses on returns and enforcement On Monday 22 July 2024, Home Secretary Yvette Cooper delivered a Ministerial Statement in the House of Commons. She criticised the previous administration’s handling of asylum, referencing the 19 deaths this year in Channel crossings, a sevenfold increase in asylum support spending over the past three years, and inadequate intelligence sharing with Europe. She confirmed the Migration and Economic Development Partnership with Rwanda has been ended, launched recruitment for a leader of a new Border Security Command, and is seeking renewed intelligence cooperation with European institutions such as Europol. She...

In this issue: Brexit highlights Brexit SIs Post-Brexit transition guidance Public procurement Judicial review Constitutional and administrative law State accountability and liability Coronavirus (COVID-19) SIs Equality and human rights Projects and infrastructure Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Brexit highlights ESIC terminates operation The Commons European Statutory Instruments Committee (ESIC) has ended its work, having ceased to exist on the dissolution of Parliament on 30 May 2024. Alongside the Lords Secondary Legislation Scrutiny Committee (SLSC), ESIC managed the sifting processes under the European Union (Withdrawal) Act 2018 (EU(W)A 2018), the European Union (Future Relationship) Act 2020 (EU(FR)A 2020) and the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023). It reviewed proposed negative statutory instruments (SIs) made under those Acts and issued recommendations on the appropriate parliamentary procedure before the instruments were laid before Parliament. See: LNB...

The EU glossary brings together and clarifies terms regularly used in EU law. Blue economy The European Union’s blue economy covers all activities and sectors linked to oceans, seas and coastlines, whether operating directly in the marine environment (eg shipping, seafood, energy production) or on land (eg ports, shipyards, coastal infrastructures). Circular Economy Action Plan In March 2020, under the European Green Deal, the European Commission adopted a new Circular Economy Action Plan (CEAP). The CEAP seeks to: make sustainable products the norm across the EU prioritise sectors likely to be highly affected by circularity, such as construction and buildings, batteries and vehicles, water, packaging, plastics, batteries, electronics empower consumers and public procurers cut waste For further details on the CEAP, see News Analysis: New circular economy action plan published, Sustainable products and supply chains (EU Law)—overview and Practice Note: EU Environment—horizon scanner, which covers key new and upcoming EU legislation and consultations relating to waste regulation,...

ARCHIVED: This Practice Note has been archived and is not maintained. This Practice Note outlines the European Union’s anti-money laundering (AML) and counter-terrorist financing (CTF) legal and regulatory regime as it applies to financial services firms, addressing: legislation pertinent to financial services European Banking Authority (EBA) guidance on AML/CTF the EU’s central AML/CTF database, EuReCA European initiatives and measures on AML/CTF principal actors involved in European AML/CTF supervision and enforcement For insight into the role of supranational bodies and international co-operation on AML/CTF, including the FATF and the Basel Committee on Banking Supervision (BCBS), see Practice Note: Introduction to the supranational AML/CTF framework for financial services. For an outline of the UK AML/CTF legislative and regulatory framework—covering the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692 (MLRs), and the functions of the Financial Conduct Authority (FCA) and the Joint Money Laundering Steering Group (JMLSG)—see Practice Notes: Introduction to the UK...