Insights & Analysis

Payment and e-money institutions in Malta are "particularly exposed" to money laundering and terrorist financing risk, a national assessment in the Mediterranean island state has found.
The number of correspondent banking relationships and active remittance corridors has fallen further, the Financial Stability Board (FSB) has warned, as national regulators are urged to do more to...
Supervisory bodies, financial intelligence authorities and law enforcement agencies should coordinate now in order to fully realise the benefits of data analytics for tackling money laundering and...
A European parliamentary committee has published a document restating calls for greater anti-money laundering (AML) enforcement at the supranational level, decrying findings of fractured and...
Experts are unconvinced that the recent resignation of anti-marijuana hardliner Jeff Sessions as U.S. Attorney General is good news for legal cannabis businesses and the payment providers seeking...
European authorities have urged clarity on the details of a proposed Slovenian cybersecurity law, citing the risk that payment companies could find themselves on the receiving end of a double dose...
The UK and EU have given the clearest indication yet as to the future relationship between the two respective financial services markets, after reaching a deal on the terms of Brexit.
The UK plans to incorporate the EU’s list of high-risk countries and enshrine tougher due diligence requirements on correspondent banking relationships into national law after Brexit.
The International Monetary Fund (IMF) has said there is currently no compelling case for the introduction of central bank digital currencies, and foreshadowed their potential to eat into the...
The UK’s Court of Appeal will hear a challenge brought by former financial ombudsman Walter Merricks against last year’s decision to block a £14bn damages claim over Mastercard’s historic...
UK politicians have raised concerns over the country’s future access to a major pan-European payment scheme after Brexit, as the government seeks to maximise the country’s chances of maintaining...
Banks in Bahrain will be made to facilitate third-party access to customer accounts under draft regulations that appear to hew closely to the European Union’s revised Payment Services Directive ...
Concerns are growing that European banks developing application programming interfaces (APIs) could miss next year’s deadline for gaining regulatory approval, leaving third parties and national...
Hungary’s national mobile payments system could be prised open to the private sector following a ruling by the EU’s top court that a state-controlled company’s monopoly over the system is unlawful.
Despite New York's attorney general recently taking aim at the sector over allegations of consumer protection failures, virtual currency exchanges remain eager to do business in the state, which...
A Brussels-based cross-industry group has issued its long-awaited final recommendations for the functionality that banks’ application programming interfaces (APIs) should offer if they are to gain...

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