U.S. Banking Regulator Faces New Legal Action Over Fintech Licence
The debate over the Office of the Comptroller of the Currency’s powers looks set to continue …
News In Brief - December 14, 2020
U.S. FinCEN clarifies information-sharing rules aiding AML/CFT compliance and a payment processor pays $15m for …
Regtech Is The Future And Regulators Know It
Regulators have entered the next phase of regtech acceptance, with more support, better understanding and …
'No Bank Is Too Big To Jail' In U.S. Shake-Up Of AML Rules
The U.S. Congress has passed the National Defense Authorization Act (NDAA) for Fiscal Year 2021, …
Remittance Firms High Risk For Trade-Based Money Laundering
Money transfer businesses remain a weak point in efforts to combat trade-based money laundering (TBML), …
German 6th AMLD Could Spell Trouble For Banks
German banks could be facing a substantially increased workload in 2021 as the country looks …
Financial Crime Toolkit Set To Shrink In Four Weeks - FinCrime
The UK’s departure from the EU means that the police will lose some methods for …
EU To Split The Difference On New AML Laws - EPIF
The EU’s new anti-money laundering (AML) regime will be split between a regulation and a …
Money Laundering Will Not Take You As Far As Prison
The deadline to implement the 6th Anti-Money Laundering Directive (6th AMLD) comes in two weeks. …