Get Ready for AMLR and eIDAS 2.0. [Download the practitioner's guide.](/content/resources/white-papers/e-id-inflection-point?utm_campaign=e-id-inflection-point&utm_medium=social&utm_source=announcement-bar/index.html)

# UK

**Confirmation of Payee Service Provides Added Assurance**

**Know Your Customer (KYC) FCA Requirements in the UK**

###### 11 UK

**Sanctions and PEP Screening: A Critical Step in the KYC Process**  
Politically exposed person (PEP) and sanctions screening can protect an organization and its reputation when onboarding new customers and conducting reviews.

**Is there such a thing as regulation overload?**  
The last 10 years have seen a 500 percent increase in regulatory changes, and banks are spending $270 billion/year on compliance & regulatory obligations.

**New regulatory era for online gambling laws**  
Online gambling operators in the EU or the UK have to comply with the 5th Anti-Money Laundering Directive (5AMLD) and other requirements.

**The countdown to 6AMLD starts now, but operators need to look beyond it**  
While 6AMLD, gaming operators will need to review their AML monitoring processes and identify areas for improvement within customer onboarding & operations.

**Beneficial ownership rules: improving transparency and availability of UBO information**  
To fight money laundering, regulators and governments should ensure that effective beneficial ownership rules and procedures are in place.

**Know Your Player: UK Issues New ID Requirements to Gaming Operators**  
New identity verification requirements for UK licensed online gaming operators were mandated; these are expected to go into effect on May 7.

**Could a “Hard Brexit” Dim London’s Financial Influence?**  
Currently, there are three Brexit options: A deal (Soft Brexit), no deal (Hard Brexit) or, No Brexit, where Brexit is abandoned altogether.

**Person of Significant Control: UK Companies House Reporting Requirements**  
The UK has new Person of Significant Control (PSC) requirements; impacted companies must report any change to Companies House within 14 days.

**Top 10 Cross-Border Payment Services in Europe, Middle East, and Africa**  
In this fourth installment of our cross-border payment services series, we examine the top 10 providers for Europe, Middle East and Africa (EMEA).