The European Commission has formally warned all but 11 member states for failing to transpose the 4th Anti-Money Laundering Directive (4th AMLD) before last month’s deadline.
Italian authorities have opened consultations on the country’s transposition of the revised Payment Services Directive (PSD2), largely running with the level one text while leaving some questions...
An update on member states' progress in implementing PSD2 and the 4th AMLD; the UK Serious Fraud Office is working with robots to help with complex investigations; Cambodia toughens its payments...
The UK government has rejected calls for its new money laundering supervisor to be given the power to hand out fines, leaving it only with the ability to publicly censure offenders.
Despite implementing EU financial crime reforms well ahead of last month’s deadline, there are still question marks over the Czech Republic’s hardline stance on beneficial ownership.
The UK government has published its long-awaited Repeal Bill, which will ultimately be used to transfer current European law into national statute books once the UK has left the union.
The European Commission has relented to pressure from parliamentarians over its blacklist of high-risk countries, confirming plans to carry out its own assessments of jurisdictions’ financial crime...
An EU-level risk assessment of the financial sector's vulnerabilities to money laundering and terrorist financing will likely have little impact on compliance practices, experts believe.
EU lawmakers have again been unable to reach an agreement on amendments to the 4th Anti-Money Laundering Directive (4th AMLD).
Payments firms active in Italy must brace themselves for a renewed wave of action from law enforcement authorities, anti-money laundering (AML) experts are warning.
Although the UK transposed the 4th Anti-Money Laundering Directive (4th AMLD) just in time last month, financial crime experts are concerned about the great unknown of Brexit and its impact on a...
The amount of criminal proceeds passing through the UK financial system has been “significantly underestimated”, the National Crime Agency (NCA) has warned, after uncovering increasingly...
Despite coming under renewed international scrutiny after an Estonian bank was used to launder $1.6bn earlier this year, legal experts are doubtful that EU financial crime reforms will be completed...
EU authorities have issued guidelines to national authorities around tackling money laundering and terrorist financing, although legal experts have downplayed the potential impact on the financial...
Industry-wide adoption of regtech could break down legal fragmentation across the EU market and should be supported widely by authorities, influential experts have argued.
The European Commission has published a supranational risk assessment, a high-level view of financial crime across the EU and the sectors for which it is the greatest threat.
HM Treasury has confirmed that the EU’s 4th Anti-Money Laundering Directive (4th AMLD) is now in effect in the UK, after last-gasp reforms made it through parliament late last week.
The clock is ticking for Lithuania to transpose the 4th Anti-Money Laundering Directive (4th AMLD) into national law, with experts cautiously optimistic it will be approved before parliament shuts...
Spain is set to miss the transposition deadline of the 4th Anti-Money Laundering Directive (4th AMLD), although legal experts believe punishment from EU authorities is unlikely.
Poland’s e-money sector could face tougher controls under new anti-money laundering (AML) laws, as the country scrambles to implement EU reforms before next week’s deadline.

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