On July 5, 2019, the Financial Action Task Force (FATF) published a report on terrorist financing risk assessment guidance. The guidance aims to assist practitioners with assessing and identifying...
On July 5, 2019, the Norwegian Financial Supervisory Authority (Finantilsynet) published an updated version of its risk assessment on money laundering and terrorist financing, which was initially...
Facebook’s Libra has the potential to shake up a global remittances market long in need of reform, experts believe, but much will hinge on the opinions of a diverse array of regulators in...
On July 5, 2019, the Monetary Authority of Singapore (MAS) released a consultation paper on proposed payment services notices and guidelines. ...
On July 3, 2019, the Council of Ministers introduced before parliament a bill including amendments and additions to the Law on Measures against Money Laundering. This law was adopted in March 2018...
Stripe is being targeted by anti-racism campaigners for continuing to process payments for far-right extremists in the United States and Europe, highlighting the reputational risk to payment...
Santander has been fined nearly €1m by Norwegian authorities for anti-money laundering failings, despite the bank’s insistence that a failure to monitor card transactions was due to IT issues...
A think tank specialising in terrorist financing has warned that Hamas and Islamic State are finding new ways of using Bitcoin to evade detection by banks, crypto exchanges and law enforcement.
New Payments Platform (NPP) Australia has released a white paper on the next generation of real-time payments. The paper explores the key trends, opportunities and challenges of the global real...
This Q&A provides a high level view of the regulatory regime for both gambling operators and payment institutions in France, in addition it outlines the main payment brands in the country and...
The Dutch government has laid out an ambitious programme of reform for its anti-money laundering efforts, with recent high-profile failures nipping at the country’s heels ahead of a major review of...
On July 1, 2019, the Dutch Ministry of Finance and the Ministry of Justice and Security presented an action plan on money laundering. The government proposes to amend the Money Laundering and...
On April 3, 2019, the Saeima (parliament) introduced Draft Law no. 295/Lp 13 with the title “Amendments to the Law on Prevention of Money Laundering and Financing of Terrorism”, with the aim of...
Royal Decree-Law 19/2018 came into force on November 25, 2018 transposing the revised Payment Services Directive (PSD2). Spain transposed the 4th Anti-Money Laundering Directive (4th AMLD) by...
The influential Wolfsberg Group has published an update to its guidance on due diligence for correspondent banking relationships, after recent reports from international bodies revealed de-risking...
From September, European firms will need to tread even more carefully around their operations in third countries when it comes to anti-money laundering (AML) — but idiosyncratic data protection...

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