Customer information sharing in the Economic Crime and Corporate Transparency Act key points for firms
JD Supra: Mergers
OCTOBER 14, 2024
Quicker and easier sharing of customer information relating to economic crime concerns between firms in the UK financial sector has been encouraged by provisions in the Economic Crime and Corporate Transparency Act 2023 (Act), which came into force on 15 January 2024. The UK Government published accompanying guidance in October 2024.
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