With international terrorist groups increasingly relying on cryptocurrency as a source of funding, terrorists and extremists within the U.S. are following suit, officials warned during a...
The European Banking Authority (EBA) has issued a word of caution over the use of artificial intelligence (AI) and machine learning by financial institutions, as the authority seeks to better...
Senior European figures are downplaying the possibilities of a comprehensive post-Brexit agreement on financial services as the January 31 exit date approaches.
The EU is consulting on the definitions and uses of virtual currencies as it looks to further standardise regulatory approaches across the bloc.
A law passed on Tuesday by the European Parliament will see payment firms in member states subject to a bevy of new requirements as they are recruited into the fight against e-commerce VAT fraud.
A new report to the European Commission has laid out a number of steps to be taken to further level the playing field for fintechs in the EU.
The next phase of Europe’s anti-money laundering (AML) restructuring is taking shape, after finance ministers backed proposals to establish a new pan-EU supervisory authority and shift towards...
Senior figures at Visa remain positive the European Commission will avoid a drastic overhaul of its interchange fee regime, despite claims that rules put in place in 2015 have failed to boost...
The European Central Bank (ECB) has thrown its weight behind the creation of a new continent-wide payment system for both retail and e-commerce, warning that reliance on global financial giants...
The European Commission and Council have put the brakes on the deployment of stablecoins in the EU until a consistent and coherent regulatory approach can be decided by authorities.
The Dutch banking industry has called for the creation of a pan-European financial intelligence unit and closer ties between regulators and banks as it unveiled its wishlist for reforms to the EU’s...
The 6th Anti-Money Laundering Directive (6th AMLD) entered into force on December 2, 2018 and member states must have implemented it by December 3, 2020. The directive introduces a means of quicker...
European finance ministers have voted in favour of new rules for payment service providers intended to help combat VAT fraud, despite vociferous opposition from the industry.
European financial services firms have called on EU finance ministers to make sweeping changes to proposed rules to enlist payment firms in the fight against VAT fraud, warning that the suggested...
The EU’s top banking regulator brushed aside protests from the European Commission when it opted for a 15-month delay to enforcing new rules on strong customer authentication, new records show.
The 4th Anti-Money Laundering Directive (Directive (EU) 2015/849), also known as the 4th AMLD, has brought in a set of obligations for the European Commission, European supervisory authorities ...

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