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.
On June 25, 2017, the Bank for International Settlements (BIS) published its 87th Annual Report for the period from April 1, 2016 to March 31, 2017, which highlights that the global economy...
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.
The International Monetary Fund (IMF) has published a discussion note called "Fintech and Financial Services: Initial Considerations", which provides a framework on how fintech might be able to...
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.
On June 20, 2017 PayPal announced that it is launching an instant transfer feature to its services....
The fragile UK government has backed the creation of a new legal system aimed at avoiding financial sector fragmentation after Brexit, putting the industry at the centre of negotiations.
Authorities are still at a stalemate over rules forcing Visa and Mastercard to separate their schemes and processing activities, after an underwhelming scrutiny session in the European Parliament.
The National Bank of Ukraine (NBU) has announced that it is going to make it easier for banks and their customers to carry out transactions involving currency valuables and that it will begin to...
The United States is diverging on Bitcoin regulation; the EBA outlines its fintech ambitions in its annual report; Europol carries out another raid on a card fraud gang; Singapore looks to...
The European Bank Association (EBA) has published a white paper on pan-European infrastructure considerations....
Payments innovators have praised the UK Financial Conduct Authority’s (FCA) regulatory sandbox programme after it unveiled the second batch of successful applicants.
A group of MEPs have launched a stinging attack on Malta’s enforcement of anti-money laundering (AML) laws, urging the European Commission to launch an in-depth investigation.
Experts are doubtful that the emergence of new regtech products will reverse de-risking by banks, despite acknowledging the potential benefits of improved transparency and payments tracking.
The influential Basel Committee on Banking Supervision has issued new guidelines to financial institutions on improving their anti-money laundering (AML) and counter-terrorist financing (CTF)...
Indonesia has publicly stated its desire to join the Financial Action Task Force (FATF), calling on G20 members to support the Pacific archipelago’s quest for membership.

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