Global FATF Crypto Strategy Ambitious But Necessary, Say Experts

Plans by the Financial Action Task Force (FATF) to propose worldwide regulatory standards for cryptocurrencies are broadly supported by legal experts, although doubts remain over whether its lofty ambitions will work in practice.

The task force announced last week that it would set out “comprehensive requirements for combating money laundering and terrorist financing” in the crypto-asset sector, providing greater clarity to national authorities on how best to approach the emerging sector.

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.