Risk & Compliance weekly highlights—4 November 2021

Table of contents

• Data protection
• DCMS–ICO announce arrangements and timings for new UK Information Commissioner
• ICO and OAIC conclude investigation into Clearview AI Inc
• No damages for de minimis data misuse (Rolfe v Veale Wasbrough Vizards LLP)
• AML and counter-terrorist financing
• HMT updates advisory notice on AML/CTF controls for higher risk jurisdictions
• FATF publishes summary of report on digital transformation of AML/CTF
• Money Laundering and Terrorist Financing (Amendment) (No 3) (High-Risk Countries) Regulations 2021
• Treasury’s AML focus highlights need for crypto regulation
• Jersey eyes expanding AML rules to match global standards

More sections of this document available when you sign-in to Lexis+ or register for a free trial.

Article summary

This week’s edition of Risk & Compliance weekly highlights includes confirmation of the new Information Commissioner, an updated advisory notice from HM Treasury on AML/CTF controls for higher risk jurisdictions and a new good practice guide on cyber and information security from the National Audit Office.