De-Risking Discouraged Amid UK Money Laundering Shake-Up

Termination of corresponding banking relationships will not be enough to satisfy UK regulators once current anti-money laundering (AML) reforms are complete, legal experts have said.

The UK is inching closer to transposing the 4th Anti-Money Laundering Directive (4th AMLD) into national law, with consultations on accompanying guidance set to conclude tomorrow.

To continue reading...

Our Key Benefits

PaymentsCompliance is a premium information service for compliance, legal and regulatory professionals. Our award-winning regulatory monitoring platform is used by many of the world's leading payment services providers and e-money institutions, regulators, challenger banks, fintechs and law firms.

We keep our clients informed of critical regulatory change and help them understand, with in-depth analysis, when change is coming and the implications for their organisation.

We provide our clients with a quantifiable and significant ROI by reducing the amount of time and money spent monitoring and analysing regulatory environments in multiple jurisdictions.