HM Treasury has confirmed that the EU’s 4th Anti-Money Laundering Directive (4th AMLD) is now in effect in the UK, after last-gasp reforms made it through parliament late last week.
The clock is ticking for Lithuania to transpose the 4th Anti-Money Laundering Directive (4th AMLD) into national law, with experts cautiously optimistic it will be approved before parliament shuts...
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.
On June 20, 2017 the National Bank of Ukraine (NBU) announced that the country's parliament had declined to adopt Draft Law No. 5361-D "On Amendments to Some Legal Acts of Ukraine Regulating Money...
On May 25, 2017, the government of Cyprus launched a consultation on a discussion paper, accompanied with a statement on its approach to areas of national discretion and a draft law which seeks to...
On June 13, 2017 the National Bank of Kazakhstan (NBK) announced a project on the issue of short-term notes of the central bank based on blockchain technology. The NBK is currently completing a...
A senior European Commission official has said that EU plans to tighten controls on cash and prepaid cards should not come at the expense of technological innovation.
Following a public consultation, which was carried out between August 1, 2016 and October 10, 2016, the Croatian parliament has under consideration a draft law that aims to transpose the 4th Anti...
Based on the delegation of powers provided under Law 170/2016, the Ministry of Economy and Finance (Treasury Department) has launched a public consultation on a draft legislative decree which...
On May 31, 2017 the National Bank of Belgium (NBB) published its first report on financial market infrastructures and payment services, which provides an overview of the NBB's oversight and...
Industry insiders are expressing significant doubt over the ability of the Financial Conduct Authority to handle the volume of re-registrations from all payments and e-money institutions in the UK.
Germany has pushed forward with controversial strict controls on e-money and prepaid instruments as it transposes EU anti-money laundering reforms into national legislation.
Italy is on the brink of transposing the 4th Anti-Money Laundering Directive into national law, as it clamps down on agents operating in the country without a branch.
The clock has run out on efforts to repeal the Consumer Financial Protection Bureau’s (CFPB) controversial new prepaid card laws, despite U.S. Senate efforts to block the reforms.
Australia’s government has put into action plans to open the country’s banking and financial services sector to greater disruption and innovation, while also imposing greater accountability on...
Australian law enforcers have issued a risk assessment of prepaid cards, examining the extent to which these products are used as tools for money laundering and terrorist financing operations.

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