Poland’s e-money sector could face tougher controls under new anti-money laundering (AML) laws, as the country scrambles to implement EU reforms before next week’s deadline.
U.S. regulators have proposed changes to incoming prepaid card laws, after industry backlash gave rise to fears the reforms could increase the risk of fraud and drive firms out of business.
The Financial Conduct Authority (FCA) has launched additional consultations on its implementation of EU financial crime laws, although insists it will not miss the June deadline.
The Financial Action Task Force (FATF) is considering a global approach to fintech and regtech legal frameworks, as greater automation and smart integration of technology open up new possibilities...
Hong Kong’s financial authorities have joined forces with law enforcement and industry representatives to form a new taskforce that seeks to bolster coordinated efforts in tackling financial crime...
On June 2, 2017 the Estonian central bank, Eesti Pank, presented the results of a survey on the impact of the regulation on interchange fees for card payments, with the main finding that the costs...
Further concerns have emerged with regard to Portugal’s proposed limit on cash payments, following the European Central Bank’s (ECB) lukewarm reception to the draft laws last week. 
UK authorities have been warned against proposals to amend rules that will force cross-border payments firms to duplicate customer funds in a protected account while a transaction is still being...
Two senators have filed a bill granting more extensive powers to the U.S. government to go after illicit money transfers, containing extensive measures to provide oversight in areas previously...
On March 30, 2017, the Portuguese Council of Ministers announced that it has approved four draft laws seeking to ensure the observance of the Financial Action Task Force (FATF) standards and...
On June 2, 2017 the National Bank of Ukraine (NBU) announced that it is continuing to work on implementing the standards of the EU directives for EU support in Ukraine....
AML fines issued this week; the United States updates its check clearing regulation; research finds that the UK's payments industry is "unprepared" for forthcoming EU reforms; Japan's plans to...
The European Banking Authority (EBA) has responded to a consultation by the European Commission reviewing the effectiveness of the union’s three financial authorities, taking the opportunity to...
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.
The European Central Bank (ECB) has warned that a pair of draft laws in Portugal which are seeking to put limits on cash payments in the country could be damaging for financial inclusion. 
Gibraltar’s top financial regulator has said that fintechs are already showing interest in relocating to the territory, buoyed by its plans to establish a regulatory framework for distributed...

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