FCA Spots Key AML Failures In Retail Banks' Transaction Monitoring
The UK Financial Conduct Authority has asked retail banks to correct deficiencies that it has …
Extend DMA To Cover Payment Services, Says ECON
The European Parliament’s influential Economic and Monetary Affairs Committee (ECON) has published a “draft opinion” regarding the …
Regtech Roundup: What The Regulators Say
Commentaries about regulatory information technology tend to dwell on the initiatives, products, mergers and plans of …
Payments Face Fragmented Regulation Globally, Says BIS
The application of payments requirements varies widely across different jurisdictions, the Bank for International Settlements …
Let's Get Digital, Says FATF
Technology is the key to implementing the Financial Action Task Force’s standards, but there are …
Cash, Tech, Climate Take Centre Stage In Sunak's Post-Brexit Reforms
Access to cash, crypto-asset opportunities and environmental, social and governance (ESG) policies all make up …
Mixed Messages From Belgium's Digital Payments Shift
Belgium’s central bank has joined European counterparts in outlining a dramatic digitisation of the payments sector in …
AML Watchdog Highlights Environmental, Social and Governance Shortcomings
Countries are failing to assess the risks of environmental crime in their money laundering assessments, …
Commission Drops More Hints About AML Plan - IBF
Only the riskiest entities will be supervised by the European Commission’s new anti-money laundering (AML) …