UK payment providers are fighting for survival as high street banks continue to block their access to the financial system, with incoming regulatory reforms offering scant comfort in the short...
A new global program to boost research into digital finance and support financial inclusion in developing countries hopes to boost the growth of China, Mexico and Egypt’s payments sectors.
The UK government has said regulatory oversight of fund flows to charitable organisations will be increased following an investigation into domestic extremist and terrorist activity.
The Financial Action Task Force (FATF) has presented its plans to the G20 group of world leaders, aiming to up the fight against terrorist financing and to protect remitters from the effects of de...
New UK guidance for financial firms serving politically exposed persons (PEPs) has the potential to ease firms’ compliance burden greatly, experts believe, providing it is approached in the right...
Although the UK transposed the 4th Anti-Money Laundering Directive (4th AMLD) just in time last month, financial crime experts are concerned about the great unknown of Brexit and its impact on a...
One of the world’s top financial watchdogs is to focus efforts on removing “unwarranted barriers” for remittance firms seeking to access banking services, after new data showed a continuing...
As the U.S. financial sector grapples with a period of legal unpredictability, industry heavyweights are setting their sights on reforming another long-standing piece of banking regulation: the...
Payments innovators have praised the UK Financial Conduct Authority’s (FCA) regulatory sandbox programme after it unveiled the second batch of successful applicants.
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)...
The Bank of Israel attempts to tighten security of the country's payment card market; Dodd-Frank Act reforms pass the U.S. House of Representatives; the FSB examines fintech, virtual currencies...
In late May 2017, the Financial Stability Board (FSB) Regional Consultative Group for the Americas held a discussion on its approach to correspondent banking and fintech. The key aspects of such...
Banks that refuse to do business with the cross-border remittance sector are opening themselves up to greater risk, according to the head of one of the world’s top money transfer firms. 
The European financial authorities have outlined how EU institutions should apply anti-money laundering (AML) policies and procedures to branches located in countries outside the bloc when a third...
The government of the Cayman Islands has released an anti-money laundering (AML) and counter-terrorist financing (CTF) strategy paper, planning changes to regulation over the next four years.

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