The Financial Action Task Force (FATF) has released the fourth round mutual evaluation report (MER) on Bahrain, which assesses the kingdom's levels of compliance with international standards and...
On September 3, 2018, the Financial Action Task Force (FATF) released a report measuring and assessing Belgium’s progress in strengthening its framework to tackle money laundering and terrorist...
German and French authorities are planning to build a separate payments channel for companies who want to keep their funds safe from the long arm of US sanctions, but their ambitions for financial...
A European financial watchdog has slammed Latvian authorities for failing to adequately confront the high levels of illicit funds flowing through the country, saying particular attention is needed...
The Financial Conduct Authority has opened consultations on setting up a global regulatory sandbox, a concept that has won praise despite some notable omissions among participants.
Legitimate money services businesses (MSBs) are finding themselves drawn into the battle against sanctions evasion, as sanctioned entities exploit lax beneficial ownership requirements to take...
On August 1, 2018, the Office of National Drug and Money Laundering Control Policy (ONDCP) announced the outcome of the Caribbean Financial Action Task Force (CFATF) Mutual Evaluation Report (MER)...
The Financial Action Task Force (FATF) has drawn attention to the need for greater regulatory scrutiny of payment processing, cash transfer and virtual currency companies, after finding some have...
On July 26, 2018, the Financial Action Task Force (FATF) published a report covering the threats posed by professional money launderers (PMLs), who are individuals or entities specialised in...
The Financial Action Task Force (FATF) announced on Wednesday that Sweden is no longer subject to enhanced supervision, following the country’s tightening of its financial crime regime in a bill...
On July 25, 2018, the Financial Action Task Force (FATF) released a report measuring and assessing Sweden’s progress in strengthening its framework to tackle money laundering and terrorist...
The German Financial Intelligence Unit is getting a boost in staffing and resources after a botched transfer in responsibility left it snowed under tens of thousands of unresolved reports and...
A study from a major group of financial crime agencies has highlighted the extent to which traditional money transfer methods and modern innovations in online retail banking are being used together...
Financial crime experts have called on the United States to use its presidency of the Financial Action Task Force (FATF) to bring measures countering the financing of weapons proliferation up to...
Experts have called for more transparency around the reasons for declined payments to reduce the compliance friction driving de-risking of both smaller banks and new fintech companies.
Firms must continue applying enhanced due diligence to transactions linked to Iran, after the Financial Action Task Force (FATF) warned that the country’s financial crime framework is still in ...

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