On June 21, the Financial Action Task Force announced that it had adopted an interpretive note to its recommendation on new technologies to further clarify the applicability of the recommendations to virtual asset activities. It also issued guidance to assist countries and businesses on their AML/CFT obligations regarding virtual asset activities. In her International Banking column, Kathleen Scott discusses some of the major points of the new interpretive note and guidance.

Read the full article.



Industries:

Practice areas:

Recent publications

Shipping port terminal

Publication

“The Lila Lisbon”: Court of Appeal recognises loss of bargain damages under clause 14 of the Norwegian Saleform 2012

Where Sellers have failed to use reasonable diligence to deliver a vessel by the prescribed cancelling date, are the Buyers entitled (absent repudiation) to loss-of-bargain damages upon cancellation of the agreement (on the NORWEGIAN SALEFORM 2012)? Yes, said the Court of Appeal in Orion Shipping and Trading LLC v Great Asia Maritime Ltd [2025] EWCA Civ 1210.

Global | October 16, 2025

Shipping

Publication

Between fair play and regulation: Compliance risks in the sports sector

The sports sector has evolved into a thriving multi-billion-dollar industry.

Global | October 10, 2025

International arbitration

Publication

Relief from relief: Making handling relief events easier and more collaborative

Relief events clauses are included as standard provisions of most technology implementation, outsourcing and services contracts.

Global | September 29, 2025

Technology
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Register now