On January 17, 2019, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) updated its guidance on suspicious transactions, to assist regulated entities in fulfilling their...
On January 11, 2019, the Financial and Capital Market Commission (FCMC) in Latvia issued a release to remind all credit institutions registered in the country that Normative Regulations no.1 ...
On January 13, 2019, the Saudi Arabian Monetary Authority (SAMA) issued an updated version of its banking licensing guidelines, which set out the minimum requirements that applicants should meet to...
On January 9, 2019, the Financial Intelligence Analysis Unit (FIAU) published Legal Notice no. 430/2018 entitled “Prevention of Money Laundering and Funding of Terrorism (Amendment) Regulations,...
Current usage of cryptocurrencies in the formal payments sector is negligible and their prospects for the future are even bleaker, central banks around the world have said in a new survey.
On January 8, 2019, the president of the Reserve Bank of India (RBI) issued a notification addressed to all card payment networks authorised by the bank and operating in the country listing...
On July 25, 2018, the Financial Conduct Authority (FCA) released updated information on its role in relation to the application of the potential next steps following the publication of a draft...
On January 4, 2019, the Reserve Bank of India (RBI) published a circular letter, DPSS.CO.PD.No.1417/02.14.006/2018-19, on limiting the liability of customers in unauthorised electronic payment...
On September 18, 2018, the central bank of Malaysia, Bank Negara Malaysia (BNM), launched a public consultation on the Exposure Draft on Publishing Open Data using Open Application Programming...
On January 3, 2019, Banco Central do Brasil (BCB), the country's central bank, approved the essential requirements for the Brazilian instant payments system. The requirements establish the basic...
On January 2, 2019, the Central Bank of Sri Lanka (CBSL) published a road map on monetary and financial sector policies for 2019 and beyond, which aims to shape policies and plans and contribute to...
The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, has brought a set of obligations for the European Commission, the European Banking Authority (EBA), EU member...
On December 31, 2018, the National Bank of Serbia (NBS) published the key features of its work in 2018, primarily focusing on stability and payment system innovations in 2018 in Serbia....
On December 19, 2018, the central bank of Hungary, Magyar Nemzeti Bank (MNB), launched a regulatory sandbox to promote financial innovations developed by fintech companies in the country without...
On December 21, 2018, the Australian government published a draft privacy impact assessment on the Consumer Data Right (CDR), in accordance with the Australian Privacy Principles (APP) Code 2017...
The fight against financial crime in the Americas reached an ever-higher pitch in 2018, with new and innovative methods of sanctions evasion sprouting as quickly as enforcement agencies could cut...

Pages