The UK should implement new European legislation on virtual currencies as soon as possible and regardless of Brexit, industry figures told the Commons Treasury Committee on Wednesday.
Swiss legislators, feeling the heat from international watchdogs, have committed to bringing anti-money laundering (AML) standards up to scratch — but some observers claim that industry is already...
On June 1, 2018, the Swiss Federal Council launched a public consultation seeking feedback on amendments to the Anti-Money Laundering Act (AMLA). The amendments reflect the latest recommendations...
European payments firms may soon find themselves having to make a hard choice when it comes to dealings with Iran, as conflicting approaches from either side of the Atlantic come to a head.
Despite a raft of urgent EU regulatory reforms aimed at tackling terrorist financing, officials remain concerned about a lack of visible progress at member state level — with cash, prepaid cards...
On April 30, 2018, the Financial Action Task Force (FATF) released a mutual evaluation report (MER) on Ghana regarding the country's anti-money laundering and counter-terrorism financing (AML/CTF)...
On April 25, 2018, the Swiss Federal Gaming Board (CFMJ), in light of the expected entry into force of the new Money Gaming Act on January 1, 2019, launched a public consultation with a view to...
On April 5, 2018 the Financial Action Task Force (FATF) published a mutual evaluation report on Iceland regarding the country's anti-money laundering and counter-terrorism financing (AML/CTF)...
The Financial Action Task Force (FATF) has published its first regular follow-up report on Spain, which provides details on the progress made to compliance deficiencies identified in the mutual...
On March 20, 2018, the Financial Action Task Force (FATF) released a report measuring and assessing Norway’s progress in strengthening its framework to tackle money laundering and terrorist...
Norway’s oversight of overseas payment and e-money firms is still lacking despite overall improvements in the country’s fight against financial crime, a global anti-money laundering watchdog has...
Two global financial watchdogs have called on national regulators to strengthen oversight of the remittance sector, warning that a "complete absence" of supervision in many regions is driving banks...
On March 16, 2018 the Financial Action Task Force (FATF) published a report to the G20 finance ministers and central bank governors, which sets out FATF's recent and ongoing work to combat money...
On March 13, 2018, MONEYVAL, acting in its capacity as the Council of Europe’s anti-money laundering and counter-terrorism financing (AML/CTF) body, released the first enhanced follow-up report and...
Influential global standards-setters have rallied behind efforts by a group of international banks to combat de-risking in the correspondent banking sector and breathe life back into stunted...
On February 28, 2018, the Financial Action Task Force (FATF) published a guidance paper called “FATF Guidance on Counter Proliferation Financing: The Implementation of Financial Provisions of...

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