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ARTICLE · 03 DECEMBER 2018

Virtual Currencies And Brexit: What Next?

BCL Solicitors LLP
BCL Solicitors LLP
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BCL Solicitors LLP

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BCL Partner, John Binns appears in Money Laundering Bulletin to discuss details of the Outline Political Declaration of the UK's exit from the EU.

European UnionTechnology

BCL Partner, John Binns writes 'Virtual Currencies and Brexit: what next?' for Money Laundering Bulletin

BCL Partner, John Binns appears in Money Laundering Bulletin to discuss details of the Outline Political Declaration of the UK's exit from the EU. The full article can be accessed here*.

Amongst the sound and fury of the recent debate on the terms of the UK's exit from the EU, a particular detail of the Outline Political Declaration has received relatively little attention, writes John Binns of BCL Solicitors LLP.

It comes in the context of the parties' intentions to continue to cooperate in tackling money laundering and terrorist financing and says that they will go beyond the standards of the Financial Action Task Force 'with regard to beneficial ownership transparency and ending the anonymity associated with the use of virtual currencies'.

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