Insights & Analysis

A new U.S. Department of Justice opinion on the Wire Act adds “a lot more confusion” for online gambling dealmakers and European companies eager to expand into the U.S. market, experts have said.
Canadian regulators have released updated guidance on filing suspicious transaction reports adding several new specific measures that financial firms should take to combat money laundering and...
The new chairperson of the House Committee on Financial Services has signalled her desire to hand powers back to the U.S.’ federal consumer protection regulator as a raft of new left-wing lawmakers...
The UK’s specialist anti-payment fraud unit has concluded an investigation into two individuals found guilty of attempting to commit at least £200,000 worth of fraud by recruiting bank employees.
Payment providers serving the U.S. online gambling market face legal uncertainty after a decision by the Department of Justice to reverse a 2011 opinion on the application of the federal Wire Act.
Industry groups and legal experts have urged Dutch officials to revisit draft anti-money laundering reforms, arguing the burden on virtual currency firms is too heavy — and may inadvertently apply...
Brazil’s central bank and financial regulator is set to crack open the country’s fund transfer infrastructure to wider competition, not least by letting non-banks gain direct access to a round-the...
UK parliamentarians have handed the government its greatest defeat for nearly a century, voting overwhelmingly to reject the Brexit deal agreed between Prime Minister Theresa May and the EU.
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.
UK authorities have moved to the next stage in their examination of the merger between PayPal and iZettle, pushing the questions of e-commerce presence, as well as physical point of sale issues, to...
The UK government has announced the launch of a new task force to tackle economic crime, raising hopes that the country’s creaking reporting process could be in for some relief.
Singapore’s top financial regulator has encouraged the city-state’s payments sector to take note of its drive for interoperability, stating it plans to use tough new competition powers only “as a...
The UK government could ban gamblers from using their credit cards to place bets if firms do not take more action to protect vulnerable customers, a senior minister has warned.
Chinese mobile payments giant Alipay has been granted authorisation as an e-money institution in Luxembourg, the country’s Ministry of Finance announced on Monday.
Following the success of similar efforts in bribery and tax evasion, there has been recent renewed interest in the UK in the prospect of making failure to prevent economic crime a corporate offence...
Payments and e-money firms in the European Economic Area (EEA) that do not gain temporary permission to continue operating in the UK after a no-deal Brexit would be saved from having to ditch...

Pages