Insights & Analysis

EU authorities have issued guidelines to national authorities around tackling money laundering and terrorist financing, although legal experts have downplayed the potential impact on the financial...
Industry-wide adoption of regtech could break down legal fragmentation across the EU market and should be supported widely by authorities, influential experts have argued.
The world’s top market stability watchdog has warned national regulators to keep a close eye on emerging financial technologies, although it dismissed fears of any immediate risk.
A consortium of thousands of banks has offered to “compromise” with regulators over third-party access rules, as the EU-wide screen scraping row shows no sign of abating.
The European Commission has published a supranational risk assessment, a high-level view of financial crime across the EU and the sectors for which it is the greatest threat.
The Bank of England has revealed it is examining whether distributed ledger technology could be used to enhance data privacy, transparency and cross-currency payments.
HM Treasury has confirmed that the EU’s 4th Anti-Money Laundering Directive (4th AMLD) is now in effect in the UK, after last-gasp reforms made it through parliament late last week.
The clock is ticking for Lithuania to transpose the 4th Anti-Money Laundering Directive (4th AMLD) into national law, with experts cautiously optimistic it will be approved before parliament shuts...
Spain is set to miss the transposition deadline of the 4th Anti-Money Laundering Directive (4th AMLD), although legal experts believe punishment from EU authorities is unlikely.
Denmark strengthens its AML laws; the UK pushes sanctions reforms but scraps fraud overhaul; the European Central Bank moves ahead with establishing a new settlement service for instant payments;...
Six compliance officers at U.S. remittance firms have been charged with money laundering offenses, accused of knowingly helping transfer $40m to Mexican drug cartels.
Fintechs and card schemes in Poland are questioning national authorities’ approach to authorisation timelines, surcharging and consumer protection under the revised Payment Services Directive ...
The head of the International Monetary Fund (IMF) has told policymakers and standards-setters to ensure emerging fintech businesses are not being exploited by terrorist groups to transfer funds.
Poland’s e-money sector could face tougher controls under new anti-money laundering (AML) laws, as the country scrambles to implement EU reforms before next week’s deadline.
The UK’s open banking project should be expanded to create an industry-led payment scheme for third-party providers, according to proposals from one of the country’s high-street banks.
EU law enforcers have commended the payments industry for its role in an operation that tracked down criminal networks suspected of being responsible for 20,000 fraudulent credit card transactions.

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