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'.