## [Anti-Money Laundering Newsletter - November 2021](/en_GB/new/anti-money-laundering-newsletter-november-2021) # Anti-Money Laundering Newsletter - November 2021 Spain - 11 / 11 / 2021 - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021) - []() - []() [DOWNLOAD NEWSLETTER ![Download](/sites/default/files/inline-images/flecha-abajo.png)](/sites/default/files/noticias/files/anti-money_laundering_newsletter_november_2021.pdf) Previous Next ![](/sites/default/files/noticias/img/newsletter_prevencion_de_blanqueo_0.jpg) **Main new legislation and news in relation to anti-money laundering and combating terrorism financing (AML/CTF) - 3Q21.** ## [**The new European authority for the fight against money laundering will be operational in 2023**](https://www.garrigues.com/en_GB/new/new-european-authority-fight-against-money-laundering-will-be-operational-2023) Within the fight against money laundering and terrorist financing, on July 20, 2021 the European Commission presented a package of measures to strengthen the EU AML/CTF rules. The proposals form part of the commitments undertaken in its Action Plan for a comprehensive Union policy on preventing these types of crimes, approved on May 7, 2020. [**KEEP READING**](https://www.garrigues.com/en_GB/new/new-european-authority-fight-against-money-laundering-will-be-operational-2023) ## [**Bank of Spain puts in place new register for virtual currency exchange providers and custodian wallet providers**](https://www.garrigues.com/en_GB/new/bank-spain-puts-place-new-register-virtual-currency-exchange-providers-and-custodian-wallet) This register, which was regulated in Spain last April to adapt the Spanish legislation to the 5th Anti-Money Laundering Directive, introduces a whole set of specific requirements to be taken into account by virtual currency exchange providers and custodian wallet providers. [**KEEP READING**](https://www.garrigues.com/en_GB/new/bank-spain-puts-place-new-register-virtual-currency-exchange-providers-and-custodian-wallet) ### [**Legislation and publications of official bodies**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-legislation-and-publications-official-bodies) - Non-face-to-face identification procedure for transmission of account information on the Iberpay (SNCE) platform may continue to be used if certain additional measures are implemented - Now in force: Organic Law 6/2021 broadening definition of money laundering offender - Sepblac deems it good practice for payment institutions and electronic money institutions to issue their own IBANs - European Court of Auditors finds that EU efforts to fight money laundering in the banking sector are fragmentary and their implementation, insufficient - Registrars and European Public Prosecutor’s Office sign anti-money laundering cooperation agreement - Sepblac and the CNMV agree to review several institutions contemplated in inspection programs [**VIEW MORE**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-legislation-and-publications-official-bodies) ### [**Risk jurisdictions in relation to AML/TF**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-risk-jurisdictions-relation-amltf) - New update of the EU list of non-cooperative jurisdictions for tax purposes [**VIEW MORE**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-risk-jurisdictions-relation-amltf) ### [**International sanctions regime**](http://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-international-sanctions-regime) - EU Council adopts framework for sanctions to address situation in Lebanon - EU terrorist list renewed for another six months - Sanctions on Cuba: US approves new restrictive measures after July demonstrations [**VIEW MORE**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-international-sanctions-regime) ### [**Sanctions and judgments**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-sanctions-and-judgments) - Supreme Court acknowledges importance of criminal compliance programs at companies - Supreme Court clarifies which cases determine need to alert Sepblac of money laundering indicators - Navarra Provincial Appellate Court dismisses money laundering complaint contrary to a report by public finance authority [**VIEW MORE**](https://www.garrigues.com/en_GB/new/anti-money-laundering-newsletter-november-2021-sanctions-and-judgments) [Spain](/en_GB/tags/spain), [Anti-Money Laundering](/en_GB/tags/anti-money-laundering) ### Contact ![Foto del socio](/sites/default/files/styles/medium/public/team/photo/Luis_de_la_Pena_Fernandez-Nespral_en_20260110.jpg?itok=WwnLM7YL) [Luis de la Peña](/en_GB/team/luis-pena-fernandez-nespral) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Banking and Finance ](/en_GB/services/banking-and-finance) - [Corporate and M&A ](/en_GB/services/corporate-and-ma) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/9576?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/9576?f%5B0%5D=service%3A1417) - 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