The government of Malta has been chastened by a damning assessment of its anti-financial crime framework, as MONEYVAL described local financial institutions as more fearful of correspondent banks...
Awareness of money laundering and terrorist financing risks among smaller money service operators in Hong Kong has been criticised as lacklustre by the Financial Action Task Force (FATF).
The European Commission has put reform of how it assembles its list of high-risk third countries at the top of its agenda as a fresh legislature returned to Brussels to confront issues of financial...
The UK government has rebutted criticism it is giving banks an outsized role in policing economic crime, arguing that its private-public partnership approach is world-class.
On September 4, 2019, the Financial Action Task Force (FATF) released a mutual evaluation report (MER) on Hong Kong, China (HKC), which summarises the anti-money laundering and counter-terrorist...
On September 3, 2019, the Financial Action Task Force (FATF) released a mutual evaluation report (MER) on Greece regarding the country's anti-money laundering and counter-terrorist financing (AML...
On August 26, 2019, the Swiss Financial Market Supervisory Authority (FINMA) published guidance on payments on the blockchain. ...
On August 9, 2019, the Financial Action Task Force (FATF) released a mutual evaluation report (MER) on Cape Verde regarding the country's anti-money laundering and counter-terrorism financing (AML...
A report compiled for finance ministers of the world’s largest economies has taken a strict line on Facebook’s mooted Libra payment system, warning that “significant work” will be needed before any...
Financial institutions are being urged to stem the flow of illicit funds from illegal wildlife trafficking, which drives as much as $23bn in revenue per year and is set to become an area of focus...
Facebook has responded to demands from the U.S. Senate Banking Committee for answers on the regulatory status of its cryptocurrency project Libra, although steered clear of calls to halt the...
On July 5, 2019, the Financial Action Task Force (FATF) published a report on terrorist financing risk assessment guidance. The guidance aims to assist practitioners with assessing and identifying...
The Dutch government has laid out an ambitious programme of reform for its anti-money laundering efforts, with recent high-profile failures nipping at the country’s heels ahead of a major review of...
On June 21, 2019, the Financial Action Task Force (FATF) adopted and issued an Interpretive Note to Recommendation 15 on New Technologies (INR. 15), which clarifies FATF’s previous amendments to...
The Financial Action Task Force (FATF) has published its finalised guidance on virtual currencies, putting the same standards on crypto exchanges and wallets as currently exist for more traditional...
The Financial Stability Board (FSB) has warned of the potential for divergence in international regulation on crypto-assets as the G20 prepares to assess issues ranging from money laundering to...

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