Skip to main content
Google Tag Manager
Sign up to emails
Request a trial
Enforcement & Sanctions
INSTEX Holds Steady As Iran Deal Wobbles
16th Jan 2020 | Written by:
The INSTEX payments instrument is still secure for the foreseeable future despite the challenges facing the Iranian nuclear deal more broadly, but the prospective mechanism remains at the mercy of...
Russia Eyes European Expansion For National Payment Scheme
8th Jan 2020 | Written by:
Russia’s national payment system is gaining ground in Europe, but its history has some wary.
2019 In Focus: Payments In Europe
20th Dec 2019 | Written by:
Contention over the finer points of new payments regulation continued to rage in Europe, with industry and regulators clashing over issues with new strong authentication requirements and the...
2019 In Focus: Payments In The Americas
20th Dec 2019 | Written by:
Still behind Europe when it comes to the regulatory implementation of new measures such as open banking, the Americas nonetheless continued to make strides in the development of new payment systems...
Norwegian Regulator Gains New Power To Block Gambling Payments
16th Dec 2019 | Written by:
The Norwegian gambling regulator has confirmed that new powers to prevent overseas-based online gambling sites from accepting payments in Norway will come into effect on January 1, 2020.
UK Regulator Orders Two Payments Firms To Halt Operations
11th Dec 2019 | Written by:
The Financial Conduct Authority (FCA) has ordered e-money institution One Stop Money Manager Limited and payment institution Merchant Optimisation Services Limited to stop operating.
Australian Banks Face Closer Scrutiny In Wake Of Westpac Debacle
4th Dec 2019 | Written by:
Anti-money laundering (AML) compliance across dozens of financial institutions in Australia has come under the microscope in the wake of the financial crime regulator’s sprawling order against...
FCA Investigating Two E-Money Firms For Money Laundering Breaches
2nd Dec 2019 | Written by:
Two investigations into possible breaches of the UK’s money laundering regulations are underway at electronic money institutions, PaymentsCompliance can reveal.
Handelsbanken Scolded Over Money Laundering, Terrorist Financing Weaknesses
15th Nov 2019 | Written by:
Danish regulators have instructed Handelsbanken, one of the largest banking groups in the Nordics, to bolster its defences against money laundering and terrorist financing after an on-site...
E-Money Firm Claims Safeguarding Fine Announcement 'Broke Protocol'
13th Nov 2019 | Written by:
E-money firm Paydoo Payments believes the Lithuanian central bank may have departed from accepted practice in its drive to crack down on misbehaving companies, after it was fined for failings in...
iSignthis Trades Barbs With Australian Stock Exchange Over Trading Halt
12th Nov 2019 | Written by:
Australian payment services and identity verification provider iSignthis has triggered a feud with the country’s stock exchange as suspension of its shares drags on.
Estonia On The Defensive As EBA Sharpens Its Sword
8th Nov 2019 | Written by:
Estonian authorities have defended their role in recent money laundering scandals as EU figures continue to press for greater centralisation of power as a response to perceived failings by member...
Denmark Moves In Line With EBA On Strong Authentication
7th Nov 2019 | Written by:
Denmark will follow the European Banking Authority's (EBA) recommendation of a 15-month transition period for new EU rules on strong authentication of online card payments, a reversal of the...
Regulators Move Closer To Swedbank Fine In Money Laundering Probe
30th Oct 2019 | Written by:
Financial regulators in Estonia and Sweden have launched an assessment of whether to impose a fine on Swedbank after unearthing evidence during a broader money laundering investigation into the...
Lithuania Fines E-Money Firm Over 'Systemic' AML Violations
28th Oct 2019 | Written by:
The Bank of Lithuania has fined electronic money institution Mistertango €245,000 over repeated failures in its anti-money laundering (AML) and counter-terrorist financing (CTF) controls.
Latvian AML Shortcomings Aiding Foreign Bribery, Report Says
22nd Oct 2019 | Written by:
The Organisation for Economic Co-operation and Development has said Latvian authorities are still failing to tackle money laundering linked to foreign bribery, despite broader efforts to tighten up...
Meet the team
Sign up to emails
Terms and Conditions
St Clare House, 30 Minories
+44(0)207 921 9980
United States Of America
1725 I Street NW, Suite 300
+1 202 261 3567