GSS UK Services Limited
Acronym: GSS
General Information
Identification Code: 457453750535-62
Website: [object Object]
Entity Form: Private Limited Company
Registration Category: Companies & groups
Registration Date: 7/10/2023
EP Accredited Number: 0
Mission & Interests
Goals: GSS brings global financial institutions together to deliver higher standards in compliance, providing a trusted platform to enhance and exchange information. The first service delivers sanctions transaction screening, built on industry standards and improved processes. Services under GSS are easily accessible to everyone, delivering greater effectiveness, improved efficiency and the reduction of friction.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Digital economy and society
- Fraud prevention
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: · Directive 2018/1673 (EU) on combating money laundering by criminal law
· Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC
· Regulation (EU) 2015/847 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006
· Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation)
· Regulation (EU) 2022/2554 The Digital Operational Resilience Act (DORA)
European Commission AML Legislative Package 2021. The AML/CFT package consists of four legislative proposals:
· A Regulation establishing an EU AML/CFT Authority to be known as “AMLA”, which will become the centre of an integrated system of national AML/CFT supervisory authorities;
· A new AML/CFT Regulation providing directly applicable AML/CFT rules
· A new AML/CFT Directive, replacing the existing EU AML/CFT Directive (Directive 2015/849 as amended)
· A recast of the Funds Transfer Regulation (Regulation 2015/847).
Communication Activities: Publications
· Anti-money laundering and countering the financing of terrorism legislative package July 2021
· EBA/GL/2019/02 - Final Report on EBA Guidelines on outsourcing arrangements (Feb 2019)
· ESAs Joint Committee Technical standards under the Digital Operational Resilience Act (DORA)
· REPORT ON THE PEER REVIEW ON AUTHORISATION UNDER PSD2 11 JANUARY 2023 EBA/REP/2023/01
· EBA REPORT ON ML/TF RISKS ASSOCIATED WITH PAYMENT INSTITUTIONS EBA/REP/2023/18 16 JUNE 2023
· EBA/RTS/2021/16 20 December 2021 - Final report on draft regulatory technical standards under Article 9a (1) and (3) of Regulation (EU) No 1093/2010 setting up an AML/CFT central database and specifying the materiality of weaknesses, the type of information collected, the practical implementation of the information collection and the analysis and dissemination of the information contained therein
· EBA/CP/2023/05 29 March 2023 Consultation Paper Guidelines amending Guidelines EBA/GL/2021/16 on the characteristics of a risk-based approach to anti‐money laundering and terrorist financing supervision, and the steps to be taken when conducting supervision on a risk‐sensitive basis under Article 48(10) of Directive (EU) 2015/849 (The Risk‐Based Supervision Guidelines)
· Memorandum of Understanding establishing a framework for financial services regulatory cooperation between the European Union and the United Kingdom of Great Britain and Northern Ireland (27th of June 2023)
Inter-institutional or Unofficial Groupings: Artificial intelligence and digital,SME
Head Office
Address: 6 New Street Square
Post Code: EC4A 3BF
City: London
Country: UNITED KINGDOM
Phone: [object Object]
EU Office
Address: 6 New Street Square
Post Code: EC4A 3BF
City: London
Country: UNITED KINGDOM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 6
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 6
Members F T E: 0.6000000238418579
Structure
Structure Type: Structure
Is Member Of: none
Organisation Members: none