On September 12, 2019, the Central Bank of Brazil issued a press release on principles it would like to see taken into account by authorised financial institutions for the promotion of financial...
On May 27, 2019, the European Payments Council (EPC) published two documents: a clarification paper on SEPA Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) Rulebooks (Version 1.4)...
On March 1, 2018, the Chamber of Deputies approved the Law to Regulate Financial Technology Institutions, known as the Fintech Law. The law aims to regulate financial services provided by financial...
On September 12, 2019, MONEYVAL released the mutual evaluation report (MER) on Malta, summarising the anti-money laundering (AML) and countering terrorism financing (CTF) measures the country had...
With the UK approaching its withdrawal from the European Union, Lithuanian legislators, along with the Central Bank of Lithuania (Lietuvos Bankas), have been forthcoming with assisting businesses...
The Federal Ministry of Finance (BMF) announced in a joined press release with the German Federal Bank (Deutsche Bundesbank) the decision to set up a programme with TIBER-DE in order to strengthen...
European retailers, acquirers and issuers are braced for chaos. This Saturday, highly controversial payment security rules go live across the EU, and although almost all member states have agreed...
The government of Malta has been chastened by a damning assessment of its anti-financial crime framework, as MONEYVAL described local financial institutions as more fearful of correspondent banks...
A comprehensive fix for digital identity would be a vital step towards making open banking in the U.S. a success, according to a panel of experts called before lawmakers on Thursday.
The Swedish Gambling Authority, Spelinspektionen, has written to around 170 payment providers across the EU warning that they could be violating Swedish law if they process transactions on behalf...
On August 15, 2018, the Treasury of the Australian government launched a public consultation on the draft Treasury Laws Amendment (Consumer Data Right) Act 2018, which aims to establish a new...
On April 8, 2019, the Reserve Bank of Australia (RBA) and the Australian Payments Council (APC) released a consultation paper seeking feedback on the migration of the messaging of the Australian...
Austria regulators have announced they will delay enforcement of impending account access reforms and allow screen scraping to continue, in a last-minute reprieve for third-party providers.
France’s central bank will require all online card transactions to be sent over the 3D Secure system by March 2021, as part of its decision to delay enforcement of impending strong customer...
U.S. enforcement authorities have shot a warning to firms seeking to build an international payment network based on cryptocurrency, emphasising the need to obey its anti-money laundering (AML)...
MONEYVAL has instructed Moldovan authorities to keep a closer eye on inbound remittance flows, a revenue stream that accounts for a significant proportion of the country’s GDP.

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