Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK practice compliance weekly: sanctions on Treasury debt, FATF evaluations, DUAA 2025 rollout and ICO powers, SRA tech adoption; updated DSAR precedents and AML/CTF checklists — 26 June 2025

Published on: 26 June 2025

Published by a LexisNexis Practice Compliance expert
Legal News
imgtext
Article summary

In this issue:

  • Financial Sanctions
  • AML, CTF & counter-proliferation financing
  • Data protection
  • Other Practice
  • Compliance updates this week
  • Daily and weekly news alerts
  • Trackers
  • New and updated content

Financial Sanctions

Sanctions (EU Exit) (Treasury Debt) Regulations 2025 SI 2025/712: These Regulations amend five UK statutory instruments relating to sanctions. They create additional exceptions to United Nations asset-freezes on designated persons and to UN bans on providing funds to them or for their benefit. The changes enable payments to be made in relation to specified borrowing by, or for, the Treasury (including gilts) and permit the facilitation of those payments. They are made under powers in the Sanctions and Anti-Money Laundering Act 2018 concerning assimilated law, and take effect on 10 July 2025. See: LNB News 20/06/2025 31.

AML, CTF & counter-proliferation financing

FATF updates guidance to support financial inclusion through risk-based AML/CTF measures: The Financial Action Task Force has released updated guidance on financial inclusion and on anti-money laundering (AML) and counter-terrorist financing (CTF) measures...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow