A fresh diplomatic row erupted between Washington and Brussels on Wednesday after the European Commission included four US territories in its beefed-up blacklist of third countries with poor anti...
On February 11, 2019, the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) published the fifth round mutual evaluation report (MER)...
Lithuania’s supervision of the e-money sector has come under fire following a major international review, but the country is already being pressured from within the industry to reverse its proposed...
France, Germany and the UK have joined forces to launch a special purpose vehicle facilitating trade between Europe and Iran, a move to continue the EU’s programme of sanctions relief in the face...
Brazil’s central bank has caused uproar by proposing to drop relatives and close associates from the definition of “politically exposed persons” under the country’s anti-money laundering rules.
New research into cryptocurrency and financial crime has uncovered a sophisticated and widespread way of evading anti-money laundering (AML) rules, through a practice known as “crypto-dusting”.
On January 28, 2019, the Financial Action Task Force (FATF) published the third enhanced follow-up report and technical compliance re-rating of the Republic of Tunisia, as adopted in the 28th...
On January 25, 2019, the Financial Action Task Force (FATF) published the second enhanced follow-up report and technical compliance re-rating of Nicaragua, which was prepared and drafted by the...
Are influential regulators, international standards-setters and financial sector participants doing enough to tackle de-risking? PaymentsCompliance speaks to J. Andrew Spindler, a former New York...
A drive by Pakistan to corral its deep inflows of remittances into formal channels has led the country’s central bank to encourage the use of blockchain technology by private providers.
The EU’s top payments regulator has recommended that the European Commission considers further reforms for crypto-assets, warning that some activities are “highly risky” yet fall outside existing...
On January 3, 2019, the Financial Action Task Force (FATF) published a mutual evaluation report (MER) on the Republic of Tajikistan drafted by the Eurasian Group on combating money laundering and...
Despite the diversity of the Asian, Pacific, African and Middle Eastern markets, in all four a clutch of similar trends emerged around regulatory innovation and taking advantage of emerging...
As G20 nations vow to safeguard the use of cryptocurrency for criminal purposes, a leading cryptocurrency lawyer is hopeful that a more consistent regulatory approach could bring the sector further...
Canada’s financial intelligence unit has foreshadowed hawkish scrutiny of alternative payment methods, prepaid cards and mobile payments as it tracks evolving terrorist financing risks stemming...
Israel has received top grades in a Financial Action Task Force (FATF) appraisal of its financial crime-fighting regime, after marked improvements since its previous evaluation five years ago.

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