A briefing from Eversheds Sutherland on 23rd May is the first of a series of articles considering different areas of the UK government’s consultation on the transposition of the EU’s 5th Money Laundering Directive (5MLD).  It takes a look at free ports, being brought into scope for AML checks on art transactions.  This article considers what a free port is, what money laundering risks attach to their use, and the future of EU free ports in the light of 5MLD. 


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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